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Development Areas

Redevelopment

Urban Renewal Areas

In an effort to keep Westminster vibrant and responsive to community needs, redevelopment opportunities are being addressed throughout the city. The Westminster Economic Development Authority (WEDA) was created to provide a regulatory and financial vehicle for improving and redeveloping properties and facilities within defined urban renewal areas (URAs).

Accordingly, WEDA was authorized to provide funding for administration, planning and financing of revitalization and redevelopment projects. WEDA’s principal revenue sources are sales tax increment and property tax increment within each of the URAs. Westminster City Council serves as the WEDA Board of Directors.

Since its inception in 1987, WEDA has established seven URAs:

Opportunity Zones

Westminster has three designated Opportunity Zones:

Downtown Westminster; Historic Westminster; Westminster Station TOD

Learn more

Benefits of Urban Renewal

  • Creates new local jobs – temporary and permanent – and keeps earnings local
  • Establishes an environment that fosters growth in new businesses
  • Promotes the introduction of new housing products, and offers resources for reinvestment in established neighborhoods
  • Provides upgraded and needed infrastructure for future growth
  • Supports local historic preservation efforts
  • Keeps sales tax dollars local for use within the urban renewal area or community at-large
  • Only method of financing capital improvements that does not require an increase in taxes
  • More effectively leverages transit improvements, correspondingly lowers regional infrastructure cost
  • Identifies capital improvements needed to stabilize existing areas and encourage reinvestment
Contact Information

Lindsey Kimball

Economic Development Department

LKimball@westminsterco.gov or 303-658-2113