Overlook would bring more affordable housing units into Carbondale’s mix
CARBONDALE, Colorado – The proposed Overlook Neighborhood mixed-use development would produce between 18 and 21 deed-restricted affordable housing units, depending on how many total units are ultimately built.
The houses would be targeted for families earning 10 to 20 percent less than the Area Median Income (AMI), and be priced between $192,182 and $230,327 based on the current median income for the Carbondale area.
Those were some of the basic parameters generally agreed to at the last meeting to discuss the proposed 145- to 170-unit Overlook development.
A public hearing on the proposal by C’dale LLC to build that plus 45,000 square feet of commercial space on the 13-acre former Mine Services property north of downtown Carbondale continues during the Carbondale Town Council meeting tonight.
Trustees have reached general consensus on a number of items, including the affordable housing requirement, parking, environmental studies of the site and phasing at an Aug. 25 meeting.
Still to be discussed in detail are issues related to water rights; extension of Industry Place to Eighth Street to serve as a construction haul route and eventual new town street; and a requested building height variance for parts of the new development.
Also to be discussed will be a range of optional land uses if a 50-room hotel is not built as proposed. With a hotel, the Overlook would include about 145 total residential units.
Developers have asked that an additional 25 multi-family housing units be allowed if the hotel is not feasible. Other possibilities could include a conference center, additional commercial space or senior housing.
Town staff is recommending the hotel site be reserved for five years before alternative development is pursued. However, another type of “community” use could be considered as a special use during that time period.
Tuesday’s meeting begins at 6:30 p.m. at Town Hall.
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