Real Estate Development Controversy: Hogan-Pancost Property

hogan pancost property

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There’s a real estate opportunity, or maybe not, that lies just off the edge of the East Boulder Recreation Center called the Hogan-Pancost parcel, formerly known as the Boulder Creek Commons Project.

The property has become quite controversial as our area needs more housing, developers want to build, folks already here lean on a “not in my back yard” mentality and prices continue to rise in the real estate market due to high demand and low inventory.

There’s been decades of debate over this property, or rather two properties at 5399 Kewanee and 5697 South Boulder Road. As usual around Boulder it’s become a very complex and heavily argued issue which now because of an election just weeks away, now it’s a political fight as well.

There’s 22 acres of opportunity here, and with locals complaining about cost of housing and housing shortages, we’d think that the public might embrace an opportunity to have over 100 new housing units, much of which is slated to be ‘affordable’ housing.

Some history from a local recent city publication:

In 2015, requests to change the Planning Area designation on the site were also submitted by the Southeast Boulder Neighborhood Association to change the site from Area II (areas anticipated for annexation) to Area III- Rural Preservation (areas to remain in open space) as part of the Boulder Valley Comprehensive Plan update. The applicant submitted a rebuttal requesting that the Planning Area not be changed.

In January 2016, the Boulder County Planning Commission recommended against further study of the proposed planning area change. Following a recommendation of the Boulder City Planning Board that the county reconsider this decision, the Boulder City Council opted to not move forward with further study of the planning area change.

Zachary Epps, GRI®, ABR®, MCNE®, CLHMS®, REALTOR®,

RE/MAX Hall of Fame, RE/MAX Platinum Club…and author of

The Boulder Real Estate and Neighborhood Guide 

The Boulder Condo Guide 

The Home Buyer’s Handbook

The Seller’s Guide: Marketing and Tactics

Call, text, or email me today!… I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.

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