Department of Community Development
Reference: First Amendment to the Telluride Business Park and Telluride Business Park II Development Agreements
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Summer McCann, AICP, Senior Planner
Date Prepared: May 22, 2026
PURPOSE
The purpose of this agenda item is for the City Council to review and authorize the Mayor to sign the First Amendment to the Telluride Business Park and Telluride Business Park II Development Agreements (the "Amendment"). City staff, along with North Forest Development Office Space - Denver, LLC (the "Developer"), are requesting City Council's consideration of the Amendment in order to modify certain specific improvements and reimbursements associated with the development of Telluride Business Park (the "Property"). As the original Development Agreements were approved by the City Council, any amendments shall be reviewed by City Council with a resolution to approve the request.
BACKGROUND
The Property is generally located to the north of Southern Street, south of East Bridge Street, west of Telluride Street, east of Eastgate Village, and is more specifically located in a portion of the northwest quarter of Section 9, Township 1 South, Range 66 West of the 6th Principal Meridian, City of Brighton, County of Adams, State of Colorado. The Property consists of four lots totaling approximately 6.52 acres.
The Property was originally annexed into the City in 1971 and is zoned C-2 (Restricted Retail and Services).
The Property was platted under multiple plats. The northern two lots, totaling approximately 3.14 acres, were originally platted in 2007 as the Telluride Business Park Final Plat (Reception No. 2007000112535) and associated Development Agreement (Reception No. 2007000112533). These lots were subsequently replatted in 2014 as Telluride Business Park Amendment 1 (Reception No. 2014000011819).
The southern two lots, totaling approx...
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