475 backcountry acres protected
BRECKENRIDGE – Some 475 acres of backcountry land will be protected from development after the town and the county finalized Breckenridge’s largest-ever transfer of development rights (TDR).The deal transferred 29.74 units of density from Upper Blue Valley backcountry locations to the Corkscrew property in the town of Breckenridge, according to Mark Truckey of the Summit County Planning Department. So far, the Transfer of Development Rights (TDR) program has protected more than 900 acres of backcountry land from development. Backcountry parcels that were protected through this transaction include land in the Golden Horseshoe area, the Middle Fork of the Swan River and on Mount Guyot. This transaction involved the sale of 22.05 development rights from the Upper Blue TDR bank to Blue River Corkscrew LLC, the developers of the project. In addition, the developers deeded 153 acres of backcountry land in the Golden Horseshoe area to the town of Breckenridge and the county.The developers paid $749,700 to the town and county for the development rights. That money will be used to acquire additional backcountry land for open space.The Corkscrew property is located along the south side of French Creek in Breckenridge, between the Weisshorn subdivision to the south and the Vista Point and French Creek subdivisions to the north. The town council approved the density increase on the Blue River Corkscrew property earlier this year. The sale speaks to the program’s success, said County Commissioner Bob French.”This TDR transaction demonstrates the success the county and town have had in protecting backcountry lands in the Upper Blue,” he said. “The TDR program exemplifies the cooperative relationship that the town and county have enjoyed in implementing the Joint Upper Blue Master Plan.”The program was established to reduce development in the backcountry and instead encourage it in urban areas that can more appropriately accommodate development. The county and town of Breckenridge established a “bank” from which developers could buy units of density to add to that already allowed on their land. Each unit sells for about $34,000.The Joint Upper Blue Master Plan was crafted in the late 1990s and provides development guidelines for the Upper Blue Valley.In 2005, the Board of County Commissioners will explore expansion of the TDR program across the county and ways to transfer rights between basins.
Support Local Journalism
Support Local Journalism
As a Summit Daily News reader, you make our work possible.
Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.
Your donation will be used exclusively to support quality, local journalism.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User