Impacts - The Costs of Inaction
Instead of just $10,000 in annual tax revenue, Redtail can generate:
- $43 million in local fees and taxes to City of Louisville through full build-out.
- PLUS: $24.4 million annually in commercial property tax revenue to Boulder County, BVSD, Fire District, City of Louisville, and others.
- Hundreds of new customers for Downtown, on the McCaslin Corridor, and South Boulder Road.
- High-paying jobs to boost economic revitalization.
Offsite Improvements
- Five traffic studies in four years: Redtail is one of the most heavily studied sites in the Front Range.
- Every traffic study shows multiple sections destined for increased delays and unacceptable Levels of Service (LOS) without improvements.
- Projected regional growth is expected to place additional stress on roadway network — even without Redtail.
- Sterling Bay announces $9 million in additional Northwest Parkway improvements.
- $25 million total in offsite improvements create better and safer corridors that benefit the entire community.