Archive for Sunday, October 15, 2006
Developers target Burgess Creek Road
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A redevelopment proposal would convert this 2-acre site on Burgess Creek Road into three triplex town-home buildings and a three-story, 12-unit condominium building.
Steamboat Springs A development team is proposing to redevelop a Burgess Creek Road building into nine townhomes and 12 condominiums.
The members of the limited liability company planning to build the Storm Meadows office/residential building have submitted preliminary plans to the city of Steamboat Springs. No public hearings have been scheduled.
Members of the LLC include the manager, Kris McGee, who is a real estate broker with Colorado Group, and Tammy McGee. Others are Jerry Ostrin of San Francisco, Josh Kagan (a principal in Yampa Valley Mortgage) and Karin Kagan, Jim Cook also of Colorado Group, restaurant owners Jeff and Kristi Brown and Mitch Clark of Steamboat Home Source, all of Steamboat.
The site is a shallow 2.1-acre parcel of land bordering Burgess Creek just upstream from the point where the creek makes a bend to enter Ski Time Square. Long-established condominium projects Kutuk and Bronze Tree are between the site and Ski Time Square.
Kagan said his group has negotiated a pedestrian easement through Bronze Tree to allow owners easy access to Ski Time Square and the Christie chairlifts.
"It's quiet up there, but people from the Front Range could come for the weekend, park their cars, and walk to restaurants and shopping," Kagan said.
The developers would replace an existing office/residential building that has become dated with the new condominium building. Those units would average fewer than 2,000 square feet. A trio of triplex buildings would be built on a portion of the site that is undeveloped. They would be 3,000 to 4,000 square feet in size. The three-story buildings would be cut into the north-facing hillside.
The condominium building, also three stories, would have a functional basement level that would house a resort office.
Tentative exteriors include stone and shingle finishes with exposed wood timbers.
Architect Tom Jarmon of Eric Smith Associates wrote in a note to the city that the developers would like to satisfy their affordable housing requirement of 3.6 units with a cash payment in lieu of actually building the affordable units.
Kagan said his group would proceed with the city planning process with the intent of gaining all of the necessary approvals needed for a construction start next spring or summer. However, they will also keep an eye on the timing of other projects near the base of the ski area before making a business decision to go forward.


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