Plans unveiled for Steamboat resort, but city imposes moratorium on development | SummitDaily.com
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Plans unveiled for Steamboat resort, but city imposes moratorium on development

STEAMBOAT SPRINGS – A developer wants to build up to 500 residential units and a $4 million gondola at the Steamboat Springs resort, but he may have to wait because of a 45-day moratorium on development at the base of the ski area.The City Council approved the moratorium Tuesday to buy time to work out details of redevelopment plans.”We don’t want to make the same mistake we made three years ago when the base area was created without a plan,” Councilman Steve Ivancie said.City Manager Paul Hughes said the moratorium won’t delay the construction times of any proposed projects because no one planned to break ground this season.The moratorium applies to the area covered by a new urban renewal authority. A half-dozen condominium projects have been proposed since the authority was approved last month.Developer Whitney Ward presented preliminary plans for One Steamboat Place, a pair of condominiums with up to 125 residential units, and the 47-acre Wildhorse Meadows, which would include up to 375 units around the ski area’s remote parking lot.The buildings would be linked by the new gondola, which could deliver at least 1,200 people an hour to a new public deck.Ward said he hopes to finance the gondola with a public-private partnership among his development team, the Steamboat Ski and Resort Corp. and the city so the public wouldn’t have to pay to ride. He said the goal is to reduce bus traffic.Ward has proposed a transfer fee on real estate sales within his development, which he estimated would initially generate as much as $2.5 million for lower-income housing.


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