Wild Horse Meadows Steamboat (TM)
Update 5/8/11: Trailhead Lodge at Wildhorse Meadows is now in the foreclosure process. I have started a list of interested people that I will keep up to date with more details so it you are interested in what is happening or are interested in buying after the foreclosure process is complete. Please email or call me if you would like to know more or get on this list. No one follows Wild Horse as closely as I do and I have contacts that can give me good info earlier than you will find elsewhere. My cell is 970--819-6930 and my email is jon@TheSteamboatGroup.com .
For more info on the Wildhorse Meadows Foreclosure click the previous link and here for more up to date info on Wild Horse Meadows in Steamboat I keep that site more up to date than this blog.
From February 2006:
Here are some updated details on Wild Horse Meadows Steamboat (TM). Wild Horse Meadows (TM) is in the area above the the Tennis center and meadows parking lot. They now plan several hundred units made up of houses, town homes, condos and a condo hotel with a gondola linking it to the base area. Views from this parcel are great and the team putting this development is first class. Members of the team have been involved in quite a few quality projects like Catamount in Steamboat Springs and many other projects around the western US.
Quoted from the Steamboat Pilot: whole article here.
Wildhorse Meadows could add 600 residential units within 10 years
By Tom Ross, Staff Reporter Sunday, February 19, 2006
The developer of 600 planned residential units near the Steamboat Ski Area base would like to begin site preparation in Wildhorse Meadows by late summer. RP Steamboat LLC, led by partners Whitney Ward, David Hill and Brent Pearson, has filed a development plan with the city of Steamboat Springs.
"We're ready to go," Ward said this week. "We have all of our capital arranged and closed and ready to be invested in the community." The plan calls for a range of dwellings as well as commercial buildings and amenities to include a public learning center on 47 acres formerly known as Tennis Meadows. The project could take 7 to 10 years.
The site wraps around the ski area's remote parking lot and extends up a steep ridge to Mount Werner Circle. The project would be linked to Gondola Square by a people-mover gondola. As proposed by the development team, it would be private, however, Ward said this week that he remains open to a partnership with the ski area and the city that would make the lift public. "We don't have our hand out here for this lift," Ward said. "We think from a community sense, it would make sense if this lift were available for public use. We're willing to make our private easement available for public use." Ward has proposed an equal cost sharing among his development, Steamboat Ski and Resort Corp. and the city. However, he emphasized that he and his partners are prepared to build a lower capacity lift at their expense. "We're not asking for any money to build our lift," Ward said. ...Cipped here...
For more info on the Wildhorse Meadows Foreclosure click the previous link and here for more up to date info on Wild Horse Meadows in Steamboat I keep that site more up to date than this blog.
From February 2006:
Here are some updated details on Wild Horse Meadows Steamboat (TM). Wild Horse Meadows (TM) is in the area above the the Tennis center and meadows parking lot. They now plan several hundred units made up of houses, town homes, condos and a condo hotel with a gondola linking it to the base area. Views from this parcel are great and the team putting this development is first class. Members of the team have been involved in quite a few quality projects like Catamount in Steamboat Springs and many other projects around the western US.
Quoted from the Steamboat Pilot: whole article here.
Wildhorse Meadows could add 600 residential units within 10 years
By Tom Ross, Staff Reporter Sunday, February 19, 2006
The developer of 600 planned residential units near the Steamboat Ski Area base would like to begin site preparation in Wildhorse Meadows by late summer. RP Steamboat LLC, led by partners Whitney Ward, David Hill and Brent Pearson, has filed a development plan with the city of Steamboat Springs.
"We're ready to go," Ward said this week. "We have all of our capital arranged and closed and ready to be invested in the community." The plan calls for a range of dwellings as well as commercial buildings and amenities to include a public learning center on 47 acres formerly known as Tennis Meadows. The project could take 7 to 10 years.
The site wraps around the ski area's remote parking lot and extends up a steep ridge to Mount Werner Circle. The project would be linked to Gondola Square by a people-mover gondola. As proposed by the development team, it would be private, however, Ward said this week that he remains open to a partnership with the ski area and the city that would make the lift public. "We don't have our hand out here for this lift," Ward said. "We think from a community sense, it would make sense if this lift were available for public use. We're willing to make our private easement available for public use." Ward has proposed an equal cost sharing among his development, Steamboat Ski and Resort Corp. and the city. However, he emphasized that he and his partners are prepared to build a lower capacity lift at their expense. "We're not asking for any money to build our lift," Ward said. ...Cipped here...
posted by Jon Wade | 11:47 PM
1 Comments:
C&T,
You may not know but under the proposed affordable housing rules the developers of Wildhorse Meadows would have to either include 15% affordable housing in the project or build 18% more affordable units offsite which is the likley option since the high level of amenities offered in a project like this make the HOA fees so high it is difficult for on-site units to be affordable.
The lack of affordable housing is a much broader issue with a long history so it is somewhat shortsighted to place the whole burden of solving it on the most recent development.
Doing this is very likely to look good on the surface but actually exacerbate the problem by driving up the cost of new contruction and all current property by comparison. This will provide a few units but make everything in town more expensive. Even more property becomes out of reach for a much larger set of people than were helped in the first place. This is great for existing property owners but not so great for people trying to buy their first home. It's not an easy problem to solve but pushing up the whole market to provide a few units is a dangerous game.
Jon
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