West Steamboat Neighborhoods
The property was purchased in 2006 by a group of sophisticated and experienced out of town land developers for $27 million. After spending 3 million they successfully annexed and zoned the property, only to have the annexation overturned by 60% of local voters in an annexation referendum. In 2016 in the course of doing due diligence on another property, we spoke with the managing partner and it immediately became clear that with our successful Colorado track record and street cred that we could breathe new life into his project. The first thing we did was create a new vision focused on Steamboat locals’ housing needs. The result was West Steamboat Neighborhoods, a development comprised of three distinct neighborhoods, each with its own sense of community and place.
We achieved some extraordinary results; however, it took almost four years, including: over thirty council meetings and two town halls resulting in a very workable and fair Annexation Agreement; meetings with the Steamboat Springs School District Superintendent and School Board resulting in an agreement to bring an elementary school to the neighborhoods; meetings with the director of the Yampa Valley Housing Authority and the YVHA board resulting in an agreement to provide housing affordable to a lower price point and gain their much needed endorsement for the project; multiple meetings with Colorado Department of Transportation Access Coordinator, the Governor’s office and CDOT officials, resulting in the Hwy 40 Temporary Access Agreement; literally years of negotiation with the Routt County Rifle Club and their board resulting in an agreement whereby they reversed opposition to the earlier annexation and supported ours; and, finally, to top it off, we worked with locals on an intense, well organized election campaign that resulted in the WSN annexation winning support of 60% of the voters.West Steamboat Neighborhoods