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news graphicThis page is your location for news and events that may be of interest to Silverthorne residents and visitors.  Other sources of Silverthorne information include the Silverthorne Pulse newsletter and programming on SCTV's Cable channel 10.  Silverthorne's SCTV programming is also available online at www.summitnews.com.   We also publish a Backyard Page in the Summit Daily newspaper each Monday to highlight upcoming public meetings agendas.   You can also stay connected to the Silverthorne Recreation Center and Silverthorne Pavilion on their social media sites.

We're always happy to answer any questions you have about Silverthorne news, just give us a call at Town Hall at 970-262-7300.  You may also want to check our e-notifications page where you can sign up for automatic e-mails on a variety of Town topics. 

 HERE'S THE LATEST NEWS:

 
 

Smith Ranch Neighborhood

Silverthorne Announces Developer for Smith Ranch workforce housing

Post Date:10/23/2017 4:07 PM

Silverthorne, Colorado – Oct. 23, 2017 – Following design team interviews by a committee made up of Town of Silverthorne staff, Town Council members and citizens, Silverthorne announces that local firm Compass Homes Development, LLC. has been selected as the developer for Smith Ranch.

Compass Homes Development has extensive experience in working with the Town of Silverthorne and has 20 years of experience in Summit County including many workforce and market rate neighborhoods. The integrated Compass Homes Development team is comprised of Arapahoe Architects, REVEAL, Mary Hart Design, Norris Design, McGraphix Creative and Ten Mile Engineering.

“Silverthorne’s residential development is stronger than ever with projects that include all types of housing in a variety of price ranges, and workforce housing is a critical need for our community,” said Mark Leidal, Silverthorne Assistant Town Manager & Urban Renewal Authority Executive Director. “We are pleased to partner with the Compass Homes team to bring Smith Ranch to life, further revitalizing Silverthorne in alignment with our Comprehensive Plan and providing much-needed affordable housing for residents.”

Anticipated to break ground in spring 2018, Silverthorne officials estimate 180-200 deed-restricted dwelling units can be accommodated on the residential portion of the 62.7-acre Smith Ranch property. To help meet community housing needs identified in the Summit County Housing Needs Assessment, the Town is planning for a combination of condos, town homes, duplex/triplex and single-family homes, which will be owner-occupied by residents who work at least 32 hours per week in Summit County. 

View videos from the Thursday, Oct. 26 Community Open House and discussion with Town Manager Ryan Hyland and Bruce Butler. Video Segment 1  Video Segment 2

For more information about Smith Ranch and to stay up to date on developments, visit the community development page on Silverthorne’s website.

FAQ - Smith Ranch Work Force Housing Development

Is Smith Ranch part of the Town of Silverthorne? Yes, the Town of Silverthorne purchased the Smith Ranch in two pieces, the first in 2008 and the second in 2013.  Smith Ranch will be on the Town’s water/sewer system and the roads will be maintained by the Town’s Public Works department.

How big is the property? 62.7 acres in total.  51.5 acres for housing, and 11.2 acres for commercial.

Who will develop the property?  Following design team interviews by a committee made up of Town staff, Council members and citizens, local firm, Compass Homes Development, LLC., was selected as the developer of Smith Ranch.

What type of housing will be available? The Town estimates that between 180 and 200 deed-restricted dwelling units can be accommodated on the residential portion of the Smith Ranch property.  Units will be owner-occupied by residents who work at least 32 hrs. per week in Summit County.  The developer is looking at a combination of condos, town homes, duplex/triplex and single-family homes.

Will the developer consider the wildlife on Smith Ranch? Yes…this has been a key topic at Open Houses.  The review process will follow all Town regulations, and wildlife migration is always something to be considered.   Policy LU 5.10 of the Town's Comprehensive Plan states: “work with the appropriate state and federal agencies to preserve and improve fish and wildlife habitat and to ensure that new developments minimize any adverse impacts on wildlife habitat breeding areas, and migration routes in and adjacent to Silverthorne’.

What type of public input will be solicited? The first community open house was held in June 2017 and the second open house is scheduled for October 2017.  The developer will likely hold additional open houses as the design takes shape so that the neighborhood will reflect the needs of the citizens.

What is the history of the project?

November 2008      Town of Silverthorne purchases the 51.5 acre parcel referred to as the Smith Ranch, as a land-banking opportunity for the future development of a workforce housing neighborhood.

August 2013                        Silverthorne Urban Renewal Authority purchases the 11.2 acre parcel known as Smith Ranch Commercial, located at the intersection of HWY 9 and Ruby Ranch Road, as a key property for the Town’s ongoing economic development efforts.

May 31, 2017            The Town issues a Request for Proposals (RFP) to development teams for the master planning, design and construction of a workforce housing neighborhood on the Smith Ranch properties.  The Town estimates that between 180 and 200 deed-restricted dwelling units can be accommodated on the residential portion of the Smith Ranch property.

June 19, 2017          A Community Open House regarding Smith Ranch and housing options for Silverthorne is held at the Pavilion, with comments and suggestions solicited from attendees

August 1, 2017                    A committee made up of Town staff, Council members and citizens interviews design teams and selects local firm, Compass Homes Development, LLC., as the developer of Smith Ranch.

October 26, 2017    Second Smith Ranch Community Open House is planned at North Branch Library: 651 Center Circle, Silverthorne, CO 80498, 4:30 p.m. – 6:30 p.m.

Please check this page for project updates.  More detail can be found on the community development page on Silverthorne’s website.  The Boards displayed at the Open House are linked below:

Mission Boards

Vicinity Boards

Conceptual Site Plan

Architectural Boards

Logo Board

Return to full list >>