Franktown Parker Fpe-7, located in Douglas County, Colorado, is a vital water management structure designed by the USDA NRCS for flood risk reduction along the Iron Gulch stream. Built in 1964, this earth dam stands at a height of 23 feet with a hydraulic height of 28 feet and a structural height of 32 feet. It spans a length of 585 feet and has a storage capacity of 178 acre-feet, serving a drainage area of 1 square mile.

Despite its age, Franktown Parker Fpe-7 is well-regulated by the Colorado Division of Water Resources, with state permitting, inspection, and enforcement in place. The dam's condition assessment in 2019 rated it as "fair" with a low hazard potential, but a high risk assessment due to its location and the surrounding topography. While it lacks a spillway, the dam's purpose remains focused on flood risk reduction, showcasing its importance in safeguarding the local community and environment against potential water-related disasters.

As a key element in the local water resource infrastructure, Franktown Parker Fpe-7 plays a crucial role in managing water flow along the Iron Gulch and protecting downstream areas from flooding. With a dedicated team of designers and state regulators overseeing its operations, this dam stands as a testament to Colorado's commitment to water resource management and climate resilience.