Mixed-use project to fill Yampa Street void
Steamboat Springs — The lonely space on the corner of 11th and Yampa Streets soon will be filled with upscale townhomes and businesses.
The city approved the Waterside Village mixed-use development Tuesday night and the developer, Waterside Villages LLC, plans to break ground on the project at the end of the month.
“This building will set the tone for Yampa Street and be essentially a catalyst for that side of downtown, which has been neglected for a long time,” Waterside Village manager Stephen Caragol said.
The development will include 13 townhomes set on top of nine commercial spaces. Primarily brick with stucco and wood accents, the building will be similar to the style of the new Steamboat Ski and Bike Kare building on the corner of Fifth Street and Lincoln Avenue
Caragol said Bike Kare’s building “definitely set a new bar for buildings in Steamboat.”
The townhomes will include two employee units and 11 high-end spaces varying between 1,500 and 2,300 square feet.
The three- and four-bedroom units each will have a one-car garage and terrace.
“There is no product out there right now that’s even remotely like that,” Tom Wilson of Prudential Steamboat Realty said about the project’s downtown location.
The price of the townhomes will be between $350,000 and $600,000.
There has been a “tremendous” response from people wanting to reserve the units, Caragol said. He bought the property in 1997 and waited for the market to mature before pursuing the development.
His goal was to capture Old Town Steamboat in a “timeless” building, designed to last in structure and style for 100 years, he said.
The old Emerald City teen center building on 11th Street will be torn down before construction starts on the development. Holmquist-Lorenz Construction Company is building the project.
There are no definite tenants for the commercial spaces, which amount to a total of 7,476 square feet. The corner unit will have a patio and room for outdoor seating — ideal for a high-end restaurant, said Caragol, who also hopes to see a deli combined with a health food store in one of the spaces.
The remaining units probably will be filled with small retail shops, he said.
For more information on the project, visit http://www.watersidevillagesteamboat.com
People interested in purchasing a townhome should call Wilson or Lisa Olson with Prudential at 879-8100. Hal Unruh, also with Prudential, will answer questions about the commercial spaces.
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