In 2005, City Council adopted the Neighborhood Revitalization Strategy (NRS) Report, Repositioning Wheat Ridge, and adopted its findings and recommendations as guiding principles for revitalizing the City. Creation of the document took approximately seven months, during which time the project team evaluated the state of the city, the population and housing trends, job and retail sales trends, housing market and commercial inventory. The purpose of the effort was to restore the City to a community of choice for homeowners and businesses.
The City's objectives in the 2005 revitalization process were:
The three recommendations of the 2005 report were to:
The second recommendation of the Repositioning Wheat Ridge report reads "Wheat Ridge must overhaul how the city and residents manage change," and the NRS provided these key factors: