Steamboat 700 vs. Steamboat 360: New Steamboat Developments at a Glance
| Steamboat 360 | Steamboat 700 | |
| Location | Borders Steamboat II and Silver Spur‘s Western edge | Borders Silver Spur’s Eastern edge |
| Access Road | US HWY 40 and RCR 42 | US HWY 40 and New Victory Parkway |
| # Acres | 350 | 700 |
| # Acres of Open Space | 140 | 221 |
| # Projected Homes | 600-650 | 1800-2200 |
| Project Mix | Rental apartments, entry-level homes, Estate homes, shopping, restaurants, grocery store | High density mixed residential, Village Center with shopping, restaurants, grocery store, school, fire station |
| Major Hurdles: | Not adjacent to City of Steamboat; some acreage outside the West of Steamboat Springs Area Plan (WSSAP) | Didn’t get urban growth boundary enlarged to include 185 acres, so Steamboat 700 has been pared to 515 acres. |
| Project Manager | Tony Connell | Danny Mulcahy |
| Public Benefits | 60% Affordable Housing below 180% AMI
6 miles of trails Playing fields |
20% Deeded Afford Housing below 150% AMI
10 miles of trails Village Center |
| Project Introduction Date | May 2008 | December 2007 |
| Price Paid for Property | $6,740,000 | $24,600,000 |
| How Far Along is the Project | Early stages. Still working on Urban Growth Boundary extension. | Pre-annexation approved; will submit petition and annexation application by Oct. 31, 2008 |
Steamboat residents either love or hate Steamboat 700 515. Steamboat 700 515 is the new development west of town that promises up to 2000 homes full time residents can actually afford to live in.
Steamboat 700 now has only 515 acres that can be developed into a high-density, planned community with small lots, if they get annexation approval. (Most likely, but there are a few vocal residents who are doing there best to put Steamboat 700 up for a vote for the community to decide whether the land is annexed.) The other 185 acres that made up the 700 acres in Steamboat 700 was outside the Urban Growth Boundary.
Both the Steamboat City Council and the Routt County Commissioners needed to approve the UGB change before the other 185 acres could be considered for annexation into Steamboat. Although City Council approved the expansion, the County Commissioners denied the request. As it stands, those 185 acres can only be developed into five 35 acre parcels for now.
Besides Steamboat 700 515, there is another development, Steamboat 360, about a mile further down the road that is in the planning phase.
Both of these developments need approval by the City of Steamboat Springs and the Routt County Commissioners to go forward. Steamboat 700 is farther along in the process and close to annexation.
Posted: September 11th, 2008 under New Developments.
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Pingback from Steamboat 700 Gets Annexed into Steamboat Springs | Steamboat Real Estate Home Search and Blog
Time: October 15, 2009, 6:30 am
[...] Steamboat 700, the controversial acreage west of Steamboat where up to 2000 homes could be built, was annexed into the City of Steamboat Springs this week. [...]
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