Lakewood Reinvestment Authority

Lakewood voters approved the formation of the Lakewood Reinvestment Authority (LRA) on November 4, 1997. The Authority operates in accordance with Colorado Revised Statutes Urban Renewal Law 31-25-1.

LRA Mission Statement
The fundamental mission of the LRA is to encourage private reinvestment within targeted areas of Lakewood. The LRA has been created by its citizens in order to enhance the City's ability to preserve and restore the vitality and quality of life of the community.

LRA Goals

- Maintain a Strong Identity and Image for Lakewood. Lakewood's blend of rural and urban/suburban environments is unique among Denver metro communities. Lakewood has a strong character, with a special image that reflects the needs of its residents and its underlying physical organization.

- Assure Economic Soundness of Public/Private Development. The activities of the LRA are joint efforts between the Authority and private investors. For the sake of both entities, the economic viability of proposed projects is of the highest priority.

- Increase the Tax Base.
Maintain and improve these city services upon which Lakewood residents rely for their quality of life. Because the City of Lakewood relies heavily on its retail tax base, it is necessary to encourage positive redevelopment of retail sales sites.

For more information on urban renewal in Lakewood, mouse over the Urban Renewal tab to the left.

LRA Annual Report
of 2010 Activity

LRA 2011 Adopted Budget