Please check
back often for an updated list of frequently asked questions.
To submit a question, please e-mail us at info@steamboatwest.com.
How big is the
property in West Steamboat?
The Steamboat 700 LLC
property is 700 acres. It is a largest part of the 1,100 acre total
area in the West Steamboat Springs Area Plan (WSSAP).
What is the WSSAP?
The WSSAP is a guiding
vision developed cooperatively between the City of Steamboat Springs
and Routt County in 1999 and updated in 2006. The objective of the
plan is to comprehensively plan West Steamboat Springs and ensure
a coordinated and compatible development in the area west of Steamboat,
which has been designated as the area to accommodate Steamboat's
future growth. The West Steamboat Springs area lies northwest of
Steamboat Springs, and it is encompassed generally by the airport
on the east, the broad curve of Deer Mountain on the north and west,
and US 40/Yampa River on the south. Steamboat 700 LLC is using the
WSSAP as a framework to guide the planning and development of Steamboat
700.
Who is Steamboat
700's master developer?
Steamboat 700 LLC is a
group of real estate professionals who oversaw some of the most
diverse and award-winning master planned communities in Nevada,
including Summerlin and Green Valley. The range of Steamboat 700
LLC's real estate development experience also includes downtown
mixed-use projects, office buildings, business parks, industrial
warehouses and retail centers. We recognize the importance of creating
a world-class community in West Steamboat, but also to tap into
the local expertise that is here in Steamboat. We have assembled
a team made up primarily of local consultants and experts.
How many homes
are planned for Steamboat 700?
Based on current plans,
we estimate a range of 1,950 - 2,165 total housing units. This number
includes single-family homes of varying lot sizes, condos, duplexes,
townhomes and apartments. The WSSAP calls for anywhere between 1,100
and 2,600 total housing units (includes approximately 400 existing
homes). Steamboat Springs currently has approximately 7,000 housing
units.
How much are homes
going to sell for?
That is yet to be determined.
The housing mix will be designed with a focus on full-time Steamboat
residents, but may also include some housing for secondary homebuyers.
This represents a broad
range of housing types
and prices currently in Steamboat, so the housing mix will reflect
a similar range and variety.
How are you addressing
affordability?
According to the WSSAP,
20% of the housing units are to be designated as affordable or "community
housing." Several tools and approaches are being considered
for the Steamboat 700 Community Housing Plan, including smaller
lots to promote more affordability.
What size of lots
and homes will be offered?
We will have the full
spectrum of lot sales from 4,500 sqft lots to large 2 acres lots.
Based on current plans, we are projecting a majority of the project's
single family home sites to be lots from 4,500 sqft to 8,000 sqft
to promote smaller houses and smaller building envelopes which should
promote more attainable housing.
When will I be
able to buy a lot or a home at Steamboat 700?
It will be at least a
year before home and lot sales will commence.
Will there be
a bike trail or running trail into Old Town Steamboat?
Based on the proposed
draft open space and trails plan being prepared by the City, the
Core Trail will be extended out to Steamboat II. Steamboat 700 proposes
to connect to that Core Trail in the vicinity of the Sleepy Bear
mobile home park.
When will the
development be complete?
The development process
should be completed in phases over a 10-15 year period.
When will construction
in the area begin?
The development of Steamboat 700 into a master-planned community
will first require annexation by the City of Steamboat Springs,
followed by the installation of essential infrastructure such as
streets, water and utilities. Initial infrastructure construction
will hopefully begin in 2009. Steamboat 700 will be developed in
multiple phases depending on market conditions.
In addition to
housing, what other elements are planned for the Steamboat 700 area?
It will be a mixed-use community that will include office and retail
(approximately 100,000-200,000 square feet), in addition to housing.
Over the estimated 10-15 years of buildout, there will also be open
space, parks and trails. Based on current plans, there are 9 acres
designated for civic amenities, possibly including a fire station
and a school.
Will there be
a grocery store?
A grocery store could
be one of the components of the retail mix for Steamboat 700, but
no final decisions have been made. We are reviewing a number of
options for retail and services that will serve the current and
future neighborhoods in West Steamboat.
What are the transportation
elements of Steamboat 700?
A series of north/south
and east/west roads will connect the areas within Steamboat 700
and its surrounding road network, including US 40, Elk River Road
(Routt County Road 129) and County Road 42. The plans also establish
a new centrally located east/west connection ("New Victory
Parkway") to allow future residents to travel around the West
Steamboat area without entering US Hwy 40. The transportation system
will also be multi-modal to reduce dependency on cars-service will
be provided by Steamboat Springs Transit (SST), and there will be
a comprehensive pedestrian and bicycle trail system. Also, the neighborhoods
are being designed to position transit stops or a trail within walking
distance
of every housing unit.
Steamboat Springs Transit will determine the location of transit
stops in
Steamboat 700.
What type of amenities
will be included?
The full scope of amenities
is still to be determined. The current concept plan provides approximately
200 acres of open space and parks, and an extensive trail network.
We are still investigating retail and services options that could
include a grocery store, ball fields, fitness center, day care,
schools, etc.
Updated: July 27, 2007
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