Ward TOD Metro No 1
The Ward TOD Metropolitan District No 1 (the District) is located in Wheat Ridge, Colorado on Ward Road. The District's service area covers approximately 13.5 acres of residential land composed of 202 townhomes.
The Ward TOD Metropolitan District No. 1 (the District) is located in Wheat Ridge, Colorado. The District's service area covers approximately 13.5 acres of residential land primarily composed of 202 townhomes. The District is located approximately 1/2 mile north from I-70 on Ward Road. Toll Brothers was the builder for this community. "TOD" = Transit Oriented Development, which is a type of urban development that focuses on creating compact, mixed-use communities centered around public transportation hubs, such as train or bus stations. TODs aim to promote sustainable, walkable neighborhoods that reduce reliance on private vehicles, encourage public transit use, and increase access to amenities and services
The Ward TOD District
The District was created in 2012 for the purpose of subsidizing land developer costs to construct public infrastructure in and around the 202-townhome community within the District. The District has issued $7,275,000 in debt - the net proceeds of which was remitted to Toll Brothers. The District levies property taxes annually on the 202 townhome units to fund the repayment of the District's bond debt.
The only public infrastructure owned by the District is the alleyways - which is maintained and managed by the HOA. The District does not provide any services to the 202 townhome units.
District Information
Announcements
No current announcements
District Boundary Map
Click here to see a map of the District’s boundaries
Property Tax History
Click here to learn more about the property tax rates paid by homeowners living within the District