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Fort Collins developer Byron Collins on Thursday finalized the donation of 5 acres of land to the city.
The parcel, part of the Willow Springs subdivision Collins built in the 1990s, sits along the city’s Power Trail and runs parallel to SouthRidge Golf Course’s 7th hole on the course’s east side.
Over the years, the city had expressed interest in buying the parcel that local residents have used as open space, but the purchase never came to fruition, Collins said.
The donation formalizes the public use and “the city will be able to put it to greater use,” he said.
CBRE real estate appraised the parcel for $570,000, said Nina Bodenhamer, director of City Give, a city program that centralizes philanthropic and fundraising activities across departments and provides a single point of contact for donors.
“It’s an incredible swath of property and an even more incredible gift to the city of Fort Collins,” Bodenhamer said. “Once we put our heads together, we saw a tangible opportunity to accomplish his financial goals through a charitable donation.”
The city’s parks and recreation department will oversee the property, but it’s unlikely the donation will lead to a redesign or an expansion of the golf course tees, she said. The land could be incorporated into the existing design and/or support for the golf course, but zoning also makes the tract compatible with a variety of uses including a community garden or dog park.
The donation on the last day of 2020 allows Collins to get a current year tax deduction.
“I’m grateful to be able to provide and share this donation with our community residents,” Collins said. “The city can now use their collective creative efforts to best optimize the private/public opportunity on this unique land parcel.”
Pat Ferrier is a senior reporter covering business, health care and growth issues in Northern Colorado. Contact her at email@example.com. Please support her work and that of other Coloradoan journalists by purchasing a subscription today.