It wasn’t a surprise that Blue River residents denied a ballot item that aimed to take away the cap on property taxes, since there wasn’t much support going into it. Seventy-nine people voted for it, while 351 voted against.
Blue River property taxes are used partially for roads and to police the town. Of the town’s $711,929 budget, about 2/3 of it originates from property taxes; the measure would have given the town about $33,800 in 2009. Voters against the ballot issue said the measure would have increased property bills by a minimum of $41.
Allyn Mosher, town treasurer, told the Summit Daily News that the denial won’t affect 2009 budget, but it may cause a big problem in the future.

Tags: Breckenridge real estate

BUILDER: DEVIGNE DEVELOP ING, INC.

This home was in Parade of Homes 2008

DESCRIPTION:

This distinctive home, constructed by Devigne Developing, Inc., which also played an integral role in its design, is located in the prestigious Jack Nicholas designed Read more »

Tags: Breckenridge real estate, New developments, Summit County parade of homes

Intrawest, which owns Copper Mountain, narrowly avoided bankruptcy by refinancing a $1.7 billion loan Oct. 23. CEO Bill Jensen said it was challenging to get a new loan with the state of the credit market. The loan terms the company got will cost more, which may cause stress on Intrawest’s financials, creating possible declines in capital investments or services.

For the third time, Home Depot is submitting a proposal to come to Silverthorne. The big box would be 100,000 square feet on a parcel south of intestate I-70, near the outlet stores. In order to deal with traffic concerns, Home Depot developers would extend South Adams Avenue by two lanes, with a median in the center. The Colorado Department of Transportation needs to approve the access. Home Depot would also need approval from the town and the U.S. Army Corps of Engineers, in order to essentially move a wetlands area from the river to Cottonwood Park. Previous proposals failed due to concerns about traffic and the environment. The chain is closing about 15 stores and abandoning plans to open 50 others, but it continues to show interest in Silverthorne because of the region’s prosperity.

Tags: Silverthorne

It looks like the 51.5 acres of Smith Ranch will be filled with about 220 multi- and single-family, affordable homes, thanks to preliminary approval by the town of Silverthorne. Named the Red Peak Village, the development would be the first of its kind in Silverthorne real estate. The planning commission unanimously recommended the town to deny developer Tim Crane’s affordable housing proposal because it didn’t include enough parking and it seemed too dense, but the town approved it unanimously.
Mayor Dave Koop commented that the economy would not grow without the housing. The development would include a park, daycare, trails and open space, as well as market-priced properties.
Breckenridge homes

Tags: Silverthorne, Silverthorne real estate

BUILDER: J&E DEVELOPMENT, INC.

This home was in Parade of Homes 2008

DESCRIPTION:

Bent Tree Retreat is a mountain home sanctuary grounded in nature. Constructed by J&E Development, Bent Tree Retreat seems to grow from the earth and exudes an energy of calm mountain living. Fine craftsmanship and locally sourced materials make up this wonderful Breckenridge home. Upon entering, one will notice the stone Read more »

Tags: Breckenridge real estate, New developments, Summit County parade of homes

Homeowners in Keystone can sigh a bit of relief knowing that workers will begin removing dead lodge-pole pines on national forest around Keystone.

It will take three years and $1.4 million to thin the 1,000 acres planned, which is the second largest mitigation project in the nation.

It will take down trees in the forest, all the way down to the south side of Highway 6 near Frey Gulch and around Summit Cove and Swan Moutain Road, up to Sapphire Point. That will diminish the possibility of wildfires breaking out and destroying surrounding homes, because thinning makes it easier for firefighters to stop any fire before it spreads to residences.

Meanwhile, Keystone property owners are also taking care of dead trees on their lots.

Tags: Keystone, Keystone real estate