Frisco Attempts to Solve Housing Problem

Frisco has finally received the green light to begin contract negotiations with chosen developers Ten Mile Partners to begin a project that will supply affordable housing on the Peak One Parcel. Frisco has been no exception to the common issue that has plagued a lot of Colorado mountain communities, rapid growth and escalating housing costs. As a destination resort that has brought in many residents paired with the fact that there is very little developable land around the area has left most local workers without affordable housing. On average only about 27% of workers actually live in Frisco.

The Peak One Parcel Plan will address the affordable housing problem by providing about 71 units in a mix of single- family homes and duplexes. The average cost of each unit will be about $276,670 and will be aimed at people making 80 – 160 % of the area median income which is between $55,000 and $90,000 annually.

Peak One Parcel will be developed by David O’Neil, responsible for the Wellington Neighborhood in Breckenridge in partnership with architect Matt Stais of Breckenridge and builder Dan McCrerey out of Frisco. Members of the citizen advisory group felt that the Ten Mile group had the best handle of costs, experience and responses to questions proposed by the city council and citizens. The goal is to start construction and development on the proposed $19 million project between 2010 and 2012.

While, Peak One Parcel does mean a lot of good things for many people in the Frisco community the project does not come without any concern from other locals who share the neighborhood. The land which will be built on has served as an informal open space for residents of the surrounding neighborhoods to use for recreational purposes. Also, the fear is that Frisco will get another Wellington Neighborhood and are strongly opposed to any “cookie- cutter” architecture. By the meetings end, however, the City Council felt that the plan the Ten Mile Partners proposed portrayed the Frisco integrity and blended with the surrounding community. This is yet another sign of the changing nature of resort destinations here in Colorado, plans include a community area and a greenhouse which only goes to show in the future the focus will be shifting to a more communal view where hopefully people live within their means and learn to lean on their neighbors.


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