Prospect Plaza Redevelopment

What it says

This is a request for a Final Development Plan (FDP) for a redevelopment project located between Lake Street and Prospect Road, one block east of Center Street. The project site, approximately 4.5 acres, currently houses eleven 3-story buildings and a small retail structure at the end of their serviceable life. The proposed development is a 5-story off-campus student housing complex with approximately 696 bedrooms and 430 parking spaces, including structured parking, surface stalls, and off-site parking. The project is designed to support Colorado State University’s growing student population and enhance the surrounding area with a mix of residential and public spaces, including courtyards and outdoor amenities. The design also addresses floodplain concerns and integrates stormwater management features such as rain gardens. Vehicular access will be limited to two main driveways, and the project will include a reconfigured bus drop-off area. The site is zoned High Density Mixed-Use Neighborhood (HMN). The associated SPAR was recommended for approval by the Planning and Zoning Commission on 02/05/2025.

In the City of Fort Collins's words and the applicant's, as filed.