Tuesday, September 08, 2009

New Affordable Housing Project in Breckenridge

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.

Tuesday, September 01, 2009

Interstate 70 Discussion Continues

The Rocky Mountain Rail Authority held a meeting late last week to discuss its final version of a report that details the cost of building and operating rail lines along the I-70 corridor, as well as a Front Range line, paralleling I-25.

The report includes schematic drawings of the system, including stops at Keystone and Frisco. The study focuses on proven technologies that could be ready for operation by 2020.

According to the draft version of the report, the east-west line from DIA to the Eagle County airport would cost about $15 billion. The north-south Fort Collins to Pueblo line would cost another $5 billion.

As always, the biggest question mark is finding the money, but the rail authority board makes the case that the rail lines would enhance Colorado's overall transportation network at a time of rising oil prices and growing congestion. About 80 percent of the funding would have to come from federal sources, with the rest generated from a combination of state, local and private funds. In particular, the rail authority is looking to the federal government for infrastructure grants, citing the importance of the I-70 corridor as an “economic engine” for Colorado.