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CITY COUNCIL APPROVES LUXURY APARTMENT DEVELOPMENT

Final plans for a 254-unit high-end apartment project were approved by City Council on November 18, 2008. The Prana apartments were approved as part of the SoLa mixed use project at Colo. 42 and U.S. 287, north of Exempla Good Samaritan Medical Center. Prana will be located on an 11-acre parcel that will provide a 2 plus-acre park, clubhouse, fitness center and swimming pool. The apartments will be available for occupancy in late 2009 or Spring of 2010. SoLa plans to add a hotel, senior living, retail, restaurants, commercial and medical space to the mix.