City introduces Grand Park amendment for Ed Carpenter Racing site and mixed‑use plan

City staff and Grand Park developer Keystone brought forward an amendment to the Grand Park PUD on March 23, 2026 to allow mixed‑use multi‑family development on Parcel N8 and to clear the way for an Ed Carpenter Racing (ECR) engineering facility and related public infrastructure.

Janelle Fairman, executive chief of economic and community development, explained that the amendment responds to a specific commercial opportunity: ECR wants a building pad on city‑owned land adjacent to Grand Park and the master developer will deliver a parking garage and infrastructure to support the site. To accommodate ECR’s facility the master developer revised the N8 block down from an anticipated 440 multifamily units to roughly 272 units and proposed a parking garage (part public, part reserved for ECR) and an engineering facility with space for ECR operations.

Keystone representatives said the garage construction is scheduled to proceed through mid‑2028 and that the city has already authorized guaranteed maximum price and funding actions for the relocation of Grand Park’s D1 championship field and for garage design work. Staff stressed that the city owns the land and that development agreements and deed restrictions will govern transfers and use. Council members asked for written commitments that would sequence the multi‑family and garage work with ECR’s obligations so the multi‑family component would not stand alone if ECR did not proceed.

Keystone counsel and developers emphasized that the PUD amendment itself would allow mixed‑use on N8 but that detailed development agreements, guaranteed maximum price proposals and subsequent engineering plans would set timing, parking allocations and infrastructure responsibilities.

What’s next: The item was introduced and scheduled for the Advisory Plan Commission public hearing on April 6, 2026. Staff and developers said they will continue refining phasing, development‑agreement language and parking arrangements and return with the required documentation.