12th Mar, 2008

Affordable Housing in Summit County Maybe on the Way

Summit County— A proposed 72,000 square foot development in downtown Dillon elicited positive feedback from the town’s Planning and Zoning Commission last week.
The project — known as Alpine Lake Lodge — calls for construction of a nearly 50-foot-tall mixed-use building on the .99-acre site of Ristorante Al Lago on Lake Dillon Drive. The current design includes 44 one-, two-, and three-bedroom condos on three floors, an underground parking level, and 8,500 street-side square feet of commercial space.

Summit County commissioners expressed general distaste for requiring the developers to provide deed restricted units, they agreed some steps should be taken to ensure the residences will not be exclusively luxury second homes. The design calls for “higher end” finishes for the condos — complete with granite counter tops, slate and tile flooring, premium carpet, and natural wood cabinetry. Commissioner Terry Novak said he would like to see a commitment to getting full-time residents in there.

Because the site’s existing “commercial” zoning designation required a higher ratio of commercial to residential square footage and precluded any ground floor residential units, the town council passed an emergency zoning resolution in February to allow the planning process to continue. Even with the emergency accommodation, the owners must still meet the formal requirements for their proposed Planned Unit Development (PUD), as well as for the conditional use permit. If the approval process continues without a hitch, the developers expect to break ground spring in 2009.

Resource
A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding their rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.


REAL ESTATE
541-elk-circle.jpgIf you would like additional information about real estate in Breckenridge Colorado as well as anywhere in Summit County Colorado contact us at 1-800-791-3990 ext 421.

Jeffery McClintock is a real estate broker in Summit County and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.

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