HomeMy WebLinkAboutVail Timber Ridge Open House Presentaton 1230
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Introductions…
Vail Timber Ridge L.L.C.
Humphreys & Partners Architects L.P.
Pylman & Associates, Inc.
Victor Mark Donaldson Architects
Timber Ridge Affordable Housing Corporation
Vail Town Council
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Background…
Constructed in 1981
Purchased by ToV in 2003 for $20 million
Housing (H) District
Operated by TRAHC
Presently 198 Employee Units
30% employee housing goal
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Background...
The “GAP” = 749 employee beds
The “GAP” after Timber Ridge, Arosa Duplex, Chamonix and First Chair = 450 beds
Request for Qualifications and Proposals
Pre-development agreement
Pre-application meeting
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Description of the Project…
5.24 acres
352 dwelling units
Minimum of 570 “pillows”
Five-story tall building
540 parking spaces
+/- 300K of GRFA
45% one and 55% two-bedroom units
391 sq. ft. – 969 sq. ft.
100% rental
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Review Process…
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Next Steps…
1/11/10 - PEC worksession to review preliminary plans
1/19/10 - Update to the Vail Town Council
2/8/10 - PEC final review of the redevelopment applications
2/17/10 - DRB final review of the design review applications
3/2/10 - Vail Town Council update
4/15/10 – Start demolition
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