Centex not giving up on Silverthorne projects | SummitDaily.com

Centex not giving up on Silverthorne projects

SILVERTHORNE – Centex Destination Properties isn’t giving up on its plan to someday develop Silver Mountain Village and the Blue River Club. It will just move more slowly now.

The Silverthorne Town Council rejected the home manufacturing company’s proposal to restart the annexation process for parts of both properties.

Until last summer, the council spent years working with another developer that also claimed it would develop Silver Mountain Village and the Blue River Club. Those plans, which included a 10-acre site in Silver Mountain for an elementary school, fell apart. That left the school district scrambling to find a new location, now set at the less desirable location at Highway 9 and Hamilton Creek Road.

Most council members said they like what they’ve heard about Centex and suggested the developer not go away yet.

So, instead of pushing to annex and develop all of the 570-some acres included in the two parcels, Centex is likely to move first for development of the 192-acre Clark Ranch. The ranch, part of the land included in the proposed Blue River Club, is already within town boundaries. While the current zoning there allows for high density – a fact that has long worried the council – Centex Destination Properties president Joe Arcisz said they don’t intend to build anything along those lines. While nothing’s set in stone, he speculates the company would build 200 to 300 homes on the land, some of them multi-family units.

The Clark Ranch is east of the Blue River Run subdivision and Highway 9 and south of Hamilton Creek Road. Arcisz doesn’t know when Centex will come back to the town with a site plan for the Clark property.

“Our inclination is to respect what we heard the other night (from council) and just move slow,” Arcisz said Friday, “start out with the Clark and see if we can get a warm reception to that, then work at a pace they’re comfortable with on the annexations.

“I think the worst thing we could do is try to move too fast. It’s obviously a very delicate, sensitive issue.”

The council’s experience with the last developer has left a bad taste in the town’s mouth, but Arcisz wants to prove to them his company won’t subject the town to a similar experience.

“I really like this project a lot,” he said. “We’re going to give it our best shot.”

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