January 6, 2006

I-25 corridor properties face transportation truths

Considering the dramatic growth and development taking place at Interstate 25 and U.S. Highway 34, it would seem that real estate along the I-25 corridor north and south of that intersection might be a hot commodity.

In fact, properties in the same corridor can languish on the market. Prospective buyers are frequently scared off by the enormity of traffic problems along the corridor and the price tags that go along with fixing them, particularly at interchanges.

Take the 25-acre parcel the city of Fort Collins owns at the southwest corner of I-25 and Prospect Road. The property was offered for sale at…

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