Washington Village Under Fire

by Osman Parvez
----
Neighbors of the Washington Village Cohousing Development filed a lawsuit today.

From the Daily Camera:
The lawsuit, brought by neighbors who live next to the former Washington School at 1215 Cedar Ave., alleges the Boulder City Council broke the law in changing zoning lines to accommodate a proposal to build homes, condominiums, commercial space and a "co-housing" community.

The complaint lists as defendants the city of Boulder, the City Council and the Wonderland Hill Development Company, which brought the plan forward.
The suit contends that the zoning change broke the law because it "confers a special benefit on (Wonderland Hill Development Company) to the detriment of the community as a whole, and therefore, is illegal spot zoning."

Meanwhile the petition drive continues unabated. Given the number of people involved, the passionate efforts on display, and now this lawsuit... I think it's an ominous sign for the development.


----
Like this analysis?    Subscribe to our client research report.     
Want to get blog updates via email?  Click HERE.       
Ready to buy or sell?  Schedule an appointment or call 303.746.6896. 
You can also like our Facebook page or follow us on Twitter.

As always, your referrals are deeply appreciated.  

--
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.