| Aspen News - 3-1-2012 |
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Road work on summer scheduleFive major road projects are scheduled in Pitkin County this spring and summer. They include:
Interest in affordable housing dipsThe Aspen/Pitkin County Housing Authority reported that 2011 was a slow year for sales of affordable housing, with 60 sales worth $13.1 million. Nine resident occupied units were sold separately, adding $5.1 million. In addition to slower sales, there were also fewer prospective buyers. One bedroom units remained in demand, with dozens entering the lottery for each unit, but larger units typically attracted interest from fewer than 10 buyers. Downvalley — Carbondale voters reject Village at Crystal RiverCarbondale voters overwhelmingly rejected a proposal for a large mixed-use development on a 24-acre parcel on Highway 133 known as Village at Crystal River.
The ordinance approving the project, passed by the Trustees in November, was rejected by 65 percent of voters, 1,245 to 667.
The developer, Rich Schierburg of Denver, and local investors wanted to build 125,000 square feet of commercial retail space, 164 residential units and 15,000 square feet of office space. They promised a new supermarket building as part of the plan.
Opponents built their campaign against the project around a 1 percent public improvement fee that would have been charged on all sales, and the effects of a mall development on local businesses and town character.
Kim McKinley
Broker | Owner | Accredited Luxury Home Specialist
McKinley Sales Inc.Real Estate
605 W. Main Street, #4, Aspen, CO 81611
23286 Two Rivers Road #21, Basalt, CO 81621
O: (970) 925-7477 | F: (970) 315-0211
Search Aspen Area MLS: www.SearchAspenRealEstate.com |