The public/private team includes Town, the Castle Rock Economic Development Council, the Downtown Alliance and the Castle Rock Chamber of Commerce. The Economic Development Council of Colorado last week honored this team for its efforts.
Each year, the EDCC honors large (20,000 people or more) and small municipalities that demonstrate a commitment to economic development and long-term community planning. Castle Rock was named the 2015 Large Community of the Year. The award was presented at EDCC’s annual spring conference last week.
“It’s a true honor to be selected by our industry peers for the work our team in Castle Rock has done and the environment that has been created by our public and private sector partnerships,” said Castle Rock Economic Development President and CEO Frank Gray. “This recognition is a testament to the partnerships that have been created to allow our community to thrive and continue to be an exceptional place to do business.”
Specifically, Castle Rock was recognized for:
• Creating an economic development fund that allows the Town and its partners to assist private projects that will expand the tax base or create jobs
• Working together on Town Code changes that make sense for both the Town and the development community while streamlining the development process
• The North Meadows Extension project, which will create new access to the Town and its businesses
• Increasing business access to high-speed Internet through a partnership with Comcast Business and related capital improvements
• Investing in The Move, a new technology-oriented office building project, which will help address business concerns about a lack of office space in Castle Rock. This project is keeping 200 high-tech jobs in Town
Each year, the EDCC recognizes both a large and small community of the year. The EDCC is a statewide, nonprofit organization dedicated to successful, responsible economic development.
Learn more about strengthening your local economy
• Shopping local helps your community. Visit CRgov.com/411 for a list of local businesses and learn about events in Town at visitcastlerock.org/events
• The average resident who owns a $300,000 home pays just $40 a year to the Town in property tax. Find out what you pay at CRgov.com/propertytax
• Castle Rock is where people and businesses want to be. Find out about development projects at CRgov.com/InYourBackyard