The Summit Combined Housing Authority and Mercy Housing Colorado have announced unit pricing for Valley Brook Neighborhood — a new affordable housing development in Breckenridge. The long-anticipated Valley Brook development is located at 1100 Airport Road, between Upper Blue Elementary School and the Breckenridge Police Department.
The town is supporting the project with both a donation of the land on Airport Road and a cash contribution to help cover the costs of construction.
The town will be making a final decision on the project in September or October and if approved for a fall start, the first phase of the 42 townhomes are expected to be available for closing in May 2010, with the final phase being completed in early 2011.
The neighborhood will eventually include a playground and common recreational area. Recent improvements to the nearby recreation path, which include the addition of a new bridge over the river, will make the neighborhood easily accessible to the network of paths.