Site map for Villages at Waterview North (copy) (copy)

A site map shows the roughly 145-acre area that will be annexed into Colorado Springs city limits after the City Council on Tuesday, Sept. 26, 2023, gave final approval of the annexation request. Developers want to build a new community on about 116.5 acres of the site with a mix of residential, commercial and industrial uses. (Courtesy of the city of Colorado Springs)

The city of Colorado Springs will grow by about 150 acres at its southern border, and developers plan to turn the vacant land into neighborhoods with hundreds of new homes alongside commercial, industrial and open space.

The council voted unanimously Tuesday to give final approval of the annexation request for the master planned community known as the Villages at Waterview North, a 145-acre site located northeast of the Powers Boulevard and Bradley Road intersection.

The item was included on the regular meeting's consent agenda and passed with no discussion, indicating a lack of controversy. Items on the consent agenda are considered as a whole and passed by the council with one vote.

Developers plan to build about 800 new multi-family and single-family residential units in the community. The location is ripe for building "an integrated patchwork of residential neighborhoods" offering a diverse mix of housing options, as it is near the Colorado Springs Airport, military installations and other employment centers, developers have said.

The residential areas and a mix of other industrial, commercial and public uses is planned for about 116 acres of the project site. A concept plan shows housing will be built on 57.5 acres, with 44 acres designated for commercial and industrial uses. The project plans for about 3.5 acres of park space and just over 4 acres of open space.