Silverthorne’s latest development
Town council ok’d a new development on a 51-acre parcel known as the Smith Ranch property, off Highway 9, near the Kum & Go gas station.
Tim Crane, of Compass Homes Development, owns the property and must annex and zone it by Oct. 31, 2008. The development will be called Red Mountain Village and will include affordable housing. (Currently, Silverthorne has no deed-restricted properties that are not rentals.)
Crane hopes to build both single family and duplex homes and expects to start building next year.
