Colo. Springs buys long-sought land to widen road

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Colorado Springs has reached an agreement to pay nearly $4.5 million to buy about two acres of a shopping center needed for a street-widening project.

The deal was announced Thursday.

Colorado Springs has been trying to acquire a piece of the Woodmen Valley Shopping Center property for years.

The city needs the land to widen Woodmen Road to three lanes in each direction. The $60 million, two-year project includes a bridge over Academy Boulevard.

The project is being funded with $35 million in federal stimulus money and a 1 percent sales tax collected by the Pikes Peak Rural Transportation Authority.

City documents identify the property owner as California-based ACF Property Management.
-Associated Press