Developers ready to break ground on Peak One project |

Developers ready to break ground on Peak One project

summit daily news

FRISCO – After numerous public meetings, planning and prep work, Frisco’s new Peak One affordable-housing neighborhood is just days away from construction.

A groundbreaking ceremony is set for Wednesday at 9 a.m., and everyone is invited. A group photo will be taken to commemorate the event.

“I’m excited to get going,” said lead developer David O’Neil. “And I don’t care how many times I’ve done this. When you break ground and you start work, it’s always thrilling.”

The new deed-restricted neighborhood is being built south of Main Street on the 12.68-acre Peak One parcel, and the plan will include 70 units in a mix of duplexes and single-family homes.

The Peak One units will range from small cabins (around 800 square feet) to single-family homes up to about 2,000 square feet. The homes are being made available to people making between 80 percent and 160 percent of the area median income, or income ranging between $68,000-$136,000 for a family of four. Ten Mile Partners anticipates construction to build-out will take at least five years.

Twelve homes will be built this summer.

O’Neil said construction this season will take place along Belford Street. And to make sure the project won’t be too invasive for people already there, O’Neil said there will be plenty of communication with the residents. Work will be restricted to “reasonable hours,” and developers plan to make sure access to the area and its trails will still be possible.

“There will be plenty of people around the site, so it will be easy to find people on site to speak with if there are concerns,” O’Neil added.

Caitlin Row can be reached at (970) 668-4633 or at

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