Project continues trend | SteamboatToday.com

Project continues trend

— A vacant lot at Fifth and Yampa streets could become the site of another mixed-use retail and residential building — the kind already transforming Yampa Street.

Developer Paul Franklin has begun the city planning process with a tentative plan to construct 20 residential units and three retail spaces. The documents submitted to the city call for four employee housing units located on the alley between Lincoln Avenue and Yampa Street.

The site is on the northwest corner of the intersection and across the street from the Lion’s Club pocket park on the banks of the Yampa River.

Franklin previously developed the Elkins Meadow luxury residential subdivision on Fish Creek Falls Road.

His latest project fits a growing trend on Yampa Street that includes the recently completed Waterside Village at the corner of 11th Street and the proposed River Walk and Harbor Hotel redevelopment projects. Franklin’s building is smaller in scale than the other projects, but it is at a strategically located site where pedestrians use the Fifth Street Bridge to go to Howelsen Ice Arena, Brent Romick Rodeo Arena, the Howelsen Hill Ski Area, softball diamonds, free concerts and the hiking and biking trails on Emerald Mountain.

The proposed Fifth and Yampa project would include 20 three-bedroom flats ranging in size from 1,580 to 2,200 square feet. Parking would be built underground. The largest of three retails units would offer 5,000 square feet and be located on Fifth Street next to the alley entrance. Smaller retail spaces of 1,762 and 848 square feet would be on the corners of the Yampa Street elevation.

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Franklin’s plans are in the tentative phase. During upcoming Planning Commission and City Council reviews, he will be given feedback on the project, but no votes will be taken.

River Walk in next phase

Just a block east on Yampa from Franklin’s proposed project site, other developers have submitted final development plans for a similar but larger project called River Walk. It would be built on land adjoining the river that presently is occupied by the Westland Mobile Home Park.

The project would include 10 buildings and be built in three phases moving west to east on the site and continuing until 2010.

The project calls for building a public trail along the Yampa River as well as opening public courtyards along Third and Fourth streets. Spring Creek Plaza is one of the public gathering places proposed for the development. It would include amphitheater seating fashioned of stone blocks and would be built where Spring Creek flows through the site.

— To reach Tom Ross, call 871-4205or e-mail tross@steamboatpilot.com