City council approves resolution for Foothills Mall redevelopment funding

During the Fort Collins City Council Regular Meeting on May 20, 2025, a significant resolution was discussed that aims to modify the service plan for the Foothills Mall redevelopment project. This resolution is pivotal as it would allow the city to issue additional debt, facilitating further investment in the area that has undergone various redevelopment efforts since 2013.

The Foothills Mall site has a complex history, with the district originally established to support its redevelopment through tax increment financing. In May 2013, the city authorized the issuance of $53 million in net bond proceeds. These funds were allocated for essential public infrastructure improvements, including the construction of the Foothills Mall activity center and an underpass designed to enhance connectivity to the MAX Bus rapid transit service beneath College Avenue.

The proposed changes to the service plan reflect the city's ongoing commitment to revitalizing the Foothills Mall area, which has been a focal point for community development. By allowing for additional debt issuance, the city aims to bolster investment in this key site, potentially leading to further economic growth and improved public amenities.

As the council moves forward with this resolution, the implications for the community are significant. Enhanced infrastructure and investment could lead to increased foot traffic, new business opportunities, and a more vibrant local economy. The council's decision will be closely watched as it could set the stage for future developments in Fort Collins.