West Steamboat Neighborhoods annexation | SteamboatToday.com

News > West Steamboat Neighborhoods annexation >

West Steamboat Neighborhoods annexation

Editor’s note: This page will be updated throughout the annexation process. 

The Steamboat Springs City Council voted Feb. 5 to annex 191 acres of land west of current city limits between West Acres and Silver Spur north of U.S. Highway 40. The annexation agreement and annexation ordinance have expired, leaving the future of the development unclear.

Brynn Grey Partners is the developer of the project that proposed 450 housing units — one-third of them deed restricted — over the next 16 to 20 years. In addition to a new school, parks and open space, the project would have commercial, mixed-use and large-format retail areas, which are anticipated to included a day care center and grocery store. Brynn Grey previously developed workforce housing projects in Breckenridge and Frisco.

Artist rendering of the Gateway Neighborhood, one of three neighborhoods slated for the West Steamboat Neighborhoods annexation area. (Courtesy Brynn Grey Partners)
Photo courtesy of Brynn Grey Partners

What’s next

Brynn Grey had until Nov. 12 to acquire the property from its current owner, Steamboat 700. Without this purchase in place, the future of the development is uncertain, though city voters approved the annexation in a referendum election this June. At a minimum, the Steamboat Springs City Council would have to re-execute the annexation agreement and approve another ordinance annexing the property.

Timeline

By the numbers

• 191 acres: The parcel includes 82 acres of open space, 12 acres for a new school, three acres of parks and two acres that were donated to the Yampa Valley Housing Authority for development.

• 450 units: One-third of the total units will have workforce deed restrictions. The Housing Authority plans to build an estimated 50 of the 158 deed-restricted units on two acres of donated land. The deed restrictions require the owners to work full-time (30 hours) in Routt County, prohibit short-term rentals and cap appreciation.

• 16 to 20 years: Buildout timeframe with 10 units in the first year and 26 units anticipated in each of the following years.

$700,000s: Target price range of market-price units.

• $300,000 to $499,000: Target price range of deed-restricted units.

Fact check: How much will homes in West Steamboat Neighborhoods cost?
Fact check: How does the West Steamboat Neighborhoods deed restriction work?

$35,000 to $45,000: Estimated cost of hiring a consultant to conduct the special election.

Location

The issues

• Water: Brynn Grey will pay a minimum of $4.67 million into the newly created Water Firming Fund, which the city will use to procure new water supplies. Of the total, $292,000 will be paid before the developers break ground and $15,000 will be paid at the closing of each of the 292 market-priced units.

Fact check: Does the city have enough water to serve West Steamboat Neighborhoods?

• Traffic: Brynn Grey will pay a minimum of $3.50 million into the newly created Transportation Firming Fund, which the city will use to pay for road improvements. Of the total, $292,000 will be paid before the developers break ground and $11,000 will be paid at the closing of each of the 292 market-priced units.

Fact check: What traffic impacts are anticipated from the West Steamboat annexation?

• City services: A 1 percent real estate transfer assessment will be assessed on the resale of each unit within the annexation area. The funds will be used to pay for city services, with the exception of snow plowing.

• Snow plowing: Brynn Grey will pay $610,000 to fund the purchase of additional snow-plowing equipment. The funds will be paid to the city prior to breaking ground on the 199th unit, which is expected to be sometime during the eighth year of development. Prior to that, Brynn Grey will provide snow-plowing services.

• Deed restrictions: One-third, or 158, of the units in the project will have workforce deed restrictions, which require the owners and occupants to work at least 30 hours in Routt County (location-neutral employees are an exception). The restrictions also prohibit leases of fewer than six months and cap appreciation at 3 percent annually or the increase in area media income, whichever is higher. Fifty of the 158 deed-restricted units will be built by the Housing Authority and target residents making less than 80 percent of area median income, which was $86,700 for a household of four in 2018. The remaining 108 deed-restricted units are intended for households making 100 to 150 percent of AMI.

• Pioneers: For $100, Routt County residents can join the West Steamboat Neighborhoods Pioneers, a group of people who will have first dibs on deed-restricted units through a lottery. Sign up to be a Pioneer at WestSteamboatNeighborhoods.com.

Your view

Poll

Do you think the West Steamboat Neighborhoods annexation should go to a public vote?

View Results

Loading ... Loading …
Poll

Do you support the Brynn Grey annexation agreement?

View Results

Loading ... Loading …

Annexation agreement

Read more



City Council FYI: 6 years well spent

October 20, 2019

STEAMBOAT SPRINGS — During my time on Steamboat Springs City Council, there were occasions where I questioned whether the size of the matter needing a decision exceeded the reach of my knowledge and competence. I...





West Steamboat Neighborhoods annexation approved: What now?

June 26, 2019

STEAMBOAT SPRINGS — With the ballot question on the West Steamboat Neighborhoods annexation now answered, the community is looking ahead to what happens next.   Though results are still preliminary, the annexation was approved with 59.7%...



West Steamboat Annexation ballots are due by 7 p.m. Tuesday

June 23, 2019

STEAMBOAT SPRINGS — Ballots for the West Steamboat Neighborhoods annexation election must be turned into the secure ballot drop box at the Steamboat Springs City Hall or Routt County Courthouse by 7 p.m. Tuesday, June 25....




Beth Melton: Vote ‘yes’ for housing

June 19, 2019

This time last year, I was running for office, talking to people across the county — young, old, wealthy, working class, from each municipality, longtime residents and new arrivals. Over and over, I had conversations...


Richard Levy: Vote ‘no’ to WSN

June 18, 2019

Thank you, Steamboat Pilot and Today, for your June 4 “Our View” editorial. You stated that “West Steamboat Neighborhoods was never intended to be an affordable housing project.” I could not have said it better....


Young Professionals Network Board: Vote ‘yes’ on June 25

June 18, 2019

For many years now, the Young Professionals Network — or YPN — has been surveying our members, asking them what issues and challenges are most important. We consistently hear that “housing” is a big concern. Having a healthy...


Stephen M. Aigner: Ready, fire, aim!

June 18, 2019

This current proposed annexation is unnecessary for our community. We currently have enough housing approved or in the pipeline to provide housing for 1,877 new residents. This is over one and a half times the...


Local builders: Support annexation

June 18, 2019

As representatives of the building community, we are in support of the West Steamboat Neighborhoods annexation and encourage everyone to vote “yes” on Question 1 by June 25. We believe annexation of the West Steamboat...



Scott Ford: The cornerstone of our community character

June 11, 2019

Community character refers to the distinct identity of a place — the collective impression it makes on residents and visitors. People often choose the places they live and spend their leisure time based in part...