Duplexes gain, single homes lose in Steamboat real estate market | SummitDaily.com
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Duplexes gain, single homes lose in Steamboat real estate market

STEAMBOAT SPRINGS – Last year was the year of the duplex in Steamboat Springs. The Steamboat Pilot reports permits for 107 duplex units were awarded, compared with 67 units the year before.At the same time, fewer permits for single-family homes were awarded, reflecting a growing scarcity of vacant lots within Steamboat. Instead, more free-standing homes are now being built in Oak Creek and other outlying communities.Overall, Steamboat issued permits for $119 million in construction, well below the banner year of 1998, when several major projects, including a large hotel and a hospital, pushed the total to $169 million.Vail’s redevelopment yields huge numbersVAIL – It shouldn’t have surprised anybody, but the building numbers out of Vail are astounding nonetheless. The town reports issuing $245.5 million in permits last year, a 63 percent increase over the previous year. This sets a record.Vail’s base-area redevelopment projects tell most of the story: Arrabelle at Vail Square, valued at $110 million; the Sonnenalp Resort expansion, valued at $20 million; and Gore Creek Place, valued at $50 million.The development also yielded handsome revenues for the town government, $1.5 million in building permit fees altogether.This year is likely to be another big year, as three major projects are expected to begin construction: 1) The Ritz-Carlton Residences, 2) Four Seasons, and 3) Vail Resorts’ “Front Door” project. Also, zoning approvals for the redevelopment of the Crossroads Mall and the Roost Lodge are also expected soon.New mayor vows to educate snowmobilersHOT SULPHUR SPRINGS – The town of Hot Sulphur Springs has a new mayor, Clint Roberts, and he promises to “educate” snowmobilers. Roberts tell the Sky-Hi News of complaints that snowmobile joyrides in the town are disrupting the general peace.While town code allows people to ride their snowmobiles to and from their town, “It doesn’t say you can ride your snowmobile around in circles on the streets or in the parks,” he said.Avalanches take toll in British ColumbiaWHISTLER, B.C. – In an astounding irony, a woman was swept by an avalanche on a ski trail at Blackcomb Mountain even as the resort observed Avalanche Awareness Days.The woman suffered a broken leg after being carried nearly 1,000 feet (300 meters) in what was described as a Class 1 avalanche. Class 1 avalanches are described as being minor, like sloughing of snow, and relatively harmless to humans. A Class 2 avalanche could bury or injure or person, while a Class 3 avalanche could bury a car and destroy a small building.Whistler-Blackcomb does avalanche control on more terrain than any other resort in North America, said safety manager Brian Leighton.


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