Open house for Silverthorne’s Smith Ranch project Wednesday |

Open house for Silverthorne’s Smith Ranch project Wednesday

Summit Daily staff report
There will be an open house from 4-6 p.m. Wednesday at the Silverthorne Pavilion for the town’s Smith Ranch project, a mixed-use development planned on more than 60 acres of town-owned land on the northern end of Silverthorne. This photo taken from Ruby Ranch Road shows some of the open land that’s to be developed.
Eli Pace / |

Silverthorne is hosting its third open house later this week for a massive workforce housing and commercial development project on the Smith Ranch property.

The community forum will be from 4-6 p.m. Wednesday at the Silverthorne Pavilion, 400 Blue River Pkwy.

The developer selected to spearhead the project, Compass Homes, is proposing the first draft of the Smith Ranch planned-unit development, which will establish zoning and density for property, according to the town.

The roughly 62-acre parcel on the northern end of town is divided into two distinct pieces of land with about 51 acres designated for 180 or more workforce-housing units and 11 acres slated for commercial development.

For the residential piece of the project, the developer is looking at a combination of town homes, duplexes, triplexes and single-family units, all of which are to be owner-occupied and deed-restricted.

The town bought the Smith Ranch property in two land deals, one in November 2008 and the other in August 2013, and town officials see the property at Highway 9 and Ruby Ranch Road as a key piece of Silverthorne’s ongoing economic development efforts.

Hopes are to break ground sometime this spring with construction on the first homes possibly starting as early as next summer.

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