What is a Downtown Development Authority?
Downtown Development Authorities have been formed by many Colorado cities to be used as a powerful tool for financing downtown improvements. Please see this fact sheet for more information (link to DDA fact sheet).
The City of Littleton has hired Progressive Urban Management Associates, a downtown planning firm, to:
Draft a Plan of Development that the future Downtown Development Authority could use as a roadmap for improving downtown over the next 10 years;
2. Determine the feasibility of creating a
Downtown Development Authority in Littleton; and
3. Guide the legal process to form the district and
authorize its funding mechanisms
Here are the steps PUMA will complete through the potential election to form a DDA in November:
Through April 2022, complete a robust outreach effort to determine what stakeholders (property owners, business owners and other community members) would like to see improved in downtown.
Through July 2022, determine the feasibility of creating a Downtown Development Authority, and if it is feasible, determine the DDA boundaries as well as complete a Plan of Development outlining a prioritized menu of improvements that can be used as a roadmap to guide DDA investments over the next ten years.
Through November 2022, go through the legal steps to form a Downtown Development Authority, including approval of an ordinance authorizing an election to form the DDA, as well as preparations for a TABOR election by those property owners, business owners, and residents falling within the proposed DDA boundary.
City Council Study Session Presentation - June 14, 2022