Drake Redevelopment
Community Benefits Agreement
What is happening at the Drake Power Plant?
1925 - The original Martin Drake Power Plant opened at the current location.
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1976 - The current plant, which is being demolished as of 2023, opened on the same site.
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September 1, 2022 - Martin Drake, a coal-fired power plant, ceased burning coal.
Learn about the health risks associated with living near coal-fired power plants.
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February 6, 2022 - The Drake Taskforce released a report on future redevelopment of the Drake site.
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June 2023 - Demolition and Abatement of the Drake Power Plant begins. Demolition presentation.
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Summer 2023 - Demolition and Abatement of the Drake Power Plant scheduled to end. Demolition Fact Sheet.
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Fall 2024 - Site Grading and Reseeding scheduled to begin.
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End of 2024 - Project Completion.
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What is a Community Benefits Agreement (CBA)?
A Community Benefit Agreement, or CBA, is a legally binding agreement between a developer and neighborhood-led coalition in which the developer agrees to fulfill the wishes of the neighborhood in exchange for the coalition’s support of their project.
Neighborhood coalitions around the country have won things like affordable housing requirements, a certain percentage of new jobs designated for neighborhood residents, investment in neighborhood amenities like a community center or grocery store, and much more. Here are some examples:
Hill District CBA in Pittsburgh
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$1M each from developers and City for a full service grocery store in the district
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Model first source hiring center
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Local resident hiring priority
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Minority business outreach and training
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$6M for local social services
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Additional City and County support for YMCA
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Penguins (team/ownership) will not interfere with workers' right to form a union
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Community representation on Master Plan steering committee
Union Square CBA in Somerville, MA
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Affordable housing - 140 out of 1,000
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Union preference for construction
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Skills training for local workers
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Card-check neutrality for hotel
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Hiring preference for local residents, women, and minority workers
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Minimum wage + $2.25/ hr for non-construction workforce
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Collaboration with Somerville HS Center for Career and Technical Education
Why do we want a CBA?
There is a lot of new development going on in and around Mill St, and there will only be more in the future now that the Martin Drake Power Plant has been decommissioned. The only way to prevent displacement of Mill St neighbors and ensure that we benefit through new development is to win a legally binding Community Benefit Agreement. Neighborhood coalitions around the country have won things like affordable housing requirements, investment in neighborhood amenities like a community center or grocery store, and much more through CBAs.
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Read: Historic Downtown neighborhood fights to protect its character against creeping gentrification
How do we get a CBA?
First, we needed to determine the top priorities of neighborhood residents so we’re all on the same page about what to push for, which we did through numerous neighborhood surveys. From those surveys, our top priorities are affordable housing, homelessness, community space, and traffic/parking. Check out the survey results below:
Now, we’re building a powerful coalition that can force developers to negotiate with us, using public leverage points in the development process like zoning changes, public lands deals, or urban renewal designation to bring them to the table. This will only be possible if we stand together as neighbors and allies throughout the city to ensure the community we know and love can survive and thrive for decades to come.
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IN THE NEWS
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January 16, 2024: Mill Street neighbors could avoid long-feared city razing of homes and businesses, as new wrinkle arises
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April 20, 2023: Demolition on the Martin Drake Power Plant in Colorado Springs will begin this summer
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October 28, 2022: Input sessions are underway for future of Drake site
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September 9, 2022: Martin Drake Power Plant Shut Its Doors for Good Last Week, CC Students Part of Effort
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September 8, 2022: Historic Mill Street residents voice concerns about city growth
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August 31, 2022: Historic Downtown neighborhood fights to protect its character against creeping gentrification
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June 18, 2022: Neighbors band together to stop gentrification from erasing historic Mill Street in Colorado Springs
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September 17, 2021: America The Beautiful Park In Colorado Springs Was Once Home To Dozens Of Families. Here’s Their Story
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October 28, 2019: Planning for Inclusivity and Resilience in Downtown Colorado Springs
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February 13, 2019: Council adopts plan for Mill Street neighborhood