Colorado Springs, Colo. – The City of Colorado Springs and Norwood Development Group announced today that the Park Union neighborhood in downtown Colorado Springs has been named a winner of the 2021 Urban Land Institute (ULI) IMPACT Awards competition.
Now in their 13th year, ULI Colorado’s Impact Awards are based on the ULI Awards of Excellence, the most highly respected international program of land use awards. The Impact Awards recognize real estate projects that achieve a high standard of excellence in design, construction, economics, planning and management, and are viewed as the centerpiece of ULI Colorado’s efforts to identify and promote best practices in all types of real estate development.
Anchored by the United States Olympic and Paralympic Museum, Park Union is an 82-acre revitalization project in the city center of Downtown Colorado Springs. Improvements to the public realm have been conceived by a creative team of designers and engineers, led by Skidmore Owings & Merrill (SOM), DILLER SCOFIDIO + RENFRO (DSR), ARUP and Dig Studio, AECOM, and have been realized through a functional and dynamic Public Private Partnership with the State of Colorado, City of Colorado Springs, El Paso County, Colorado Springs Urban Renewal Authority and private and non-profit partners.
“I’m extremely proud of the public-private partnership that produced this catalytic development that connects lower downtown and significantly improves our skyline, connectivity and walkability,” said Mayor John Suthers. “A number of stakeholders worked in coordination and collaboration to create this award-winning project that truly improves our city.”
“Park Union will offer a vibrant mix of residences, businesses, parks and learning experiences while building a bridge, figuratively and literally, between Downtown Colorado Springs and its abundant natural assets – offering the Promise of Colorado to longtime residents, recent arrivals and visitors, “said Norwood CEO Chris Jenkins.
“The Colorado ULI IMPACT awards are one of the most prestigious award in our industry, and it is an incredible honor to have won for our work on the Park Union neighborhood,” said Peter Wysocki, Director of Planning and Development for the City of Colorado Springs. “This award is in recognition of the extraordinary effort put forth by the entire team as well as the legacy and positive impact that this project will have on the City of Colorado Springs.
The Urban Land Institute (ULI) Colorado is an education, research and resource organization focused on shaping the future of the built environment for transformative impact in communities worldwide.
The IMPACT awards feature real estate development project awards in 5 possible categories: Innovation, InfillDevelopment of vacant land within previously built areas. These areas are already served by public infrastructures, such as transportation and utilities. Parks and open space are also considered infill, since they are permanent uses for vacant parcels., Influence, Inspire and Inclusive. Park Union was awarded the Inspire category award defined as “A public or private project that inspires the community, spurs additional development and linkages, and has a lasting impact on the public realm including transit projects, greenway/trail systems, parks, plazas and other public spaces.”
ABOUT NORWOOD DEVELOPMENT GROUP
A development firm focused exclusively on the Pikes Peak region, Norwood holds over 50 years of community and real estate development experience. With a focus on delivering the “Promise of Colorado” to every citizen in the Pikes Peak Region, Norwood is committed to the continued prosperity of Colorado Springs residents. For additional information visit www.norwood.dev.