Idaho Springs shop says I-70 Floyd Hill project detouring tourists, impacting sales tax revenue

I-70 Floyd Hill Project News

Idaho Springs shop says I-70 Floyd Hill project detouring tourists, impacting sales tax revenue
Idaho SpringsMountain Town VisitorsSales Tax Revenue
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Claire Lavezzorio is a reporter at KMGH Denver7 in Denver, Colorado.

IDAHO SPRINGS, Colo. — An Idaho Springs shop says the Interstate 70 Floyd Hill construction project that began in early October is deterring tourists from stopping by the mountain town, impacting the city's sales tax revenue . While the holiday season is usually one of the better times for business, inside The Spice And Tea Exchange of Idaho Springs , owner Sadie Schultz said shops are struggling.

'When an economy is completely based off of sales tax, we all start to get a little bit worried because that impacts a lot,' she said. Idaho Springs' tax revenues saw an all-time high in July 2022. But there is hope on the horizon to bring tourists back. 'It's long-term pain for long-term gain... is really kind of the game in Idaho Springs right now,' said Schultz.Eventually, a transportation hub will be built near I-70 to improve mass transit for visitors.

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