HomeMy WebLinkAboutMinutes 06-02-08Minutes
Timber Ridge Redevelopment Advisory Committee (“TRRAC”)
June 2, 2008, at 12:00 PM
Attending the meeting were Committee members: Mike Coughlin
Mark Gordon
Anne Fehlner Gunion
Steve Lindstrom
Alex Potente
Mark Ristow
Margaret Rogers
Absent:
Staff attending the meeting: Judy Camp
Nina Timm
Stan Zemler
The meeting was called to order at 12:15 PM.
Stan Zemler provided the Committee with a copy of the “Goals” section from the Request for Proposals (RFP) that the Town of Vail issued in 2005 to solicit proposals for redevelopment
of Timber Ridge. It was discussed that the goals were very general and did not provide clear expectations to a respondent. The “Goals” section for the development of the Town owned
Chamonix Property was distributed. It was discussed that these goals are specific without prescribing an actual development. In order to have successful redevelopment, it is the intention
of this Committee to develop specific goals for the redevelopment of Timber Ridge.
Stan then asked the Committee to respond to the “who” should be targeted in a redevelopment of Timber Ridge. There was a brief discussion that Middle Creek is not providing any seasonal
housing and this type housing will need to be provided somewhere in Town. It was also the experience of Middle Creek during their first season of operations that seasonal workers did
not necessarily integrate well into the overall development. The 2007 Eagle County Housing Needs Assessment points out seasonal housing is a disproportional issue in the Town of Vail
as compared to Eagle County. Alex Potente said the County has not made it a point to address seasonal housing needs in their developments.
It was once again brought up to make sure the Committee defines the minimum required for successful redevelopment.
The Committee worked to define goals and not implementation strategies.
The following goals were discussed:
Replacement of at least the existing number of employee beds
House some seasonal workers
What is the least amount of land needed to do this?
Increase in the number of beds
Look at new job generation in Vail
Quantify the loss of existing rentals in Vail
Eagle County has experienced absorption issues
Belief that all product will ultimately be absorbed
Minimize total parking provided
Ensure proper transit alternatives to the car
Possible future re-use of the parking area
Permanently affordable
Encourage master leasing
Businesses subsidize rents for their employees
Control occupancy and not rents
Benchmark rents to local rental rates
Land Lease
What do “we” want to control?
Future uses
Affordability
Define terms
Length
Lease payment
Define the parcel
Is a goal to make money?
Define risk and reward
Development must be fiscally responsible
Be careful in defining goals – specify minimum requirements
This redevelopment seems to collapse under its own weight
Make this an achievable project – limit size and scope
George Ruther presented an overview of the Housing (H) District. The H District specifically offers flexibility regarding the following areas:
Parking
Height
Density
Gross Residential Floor Area
Site Coverage
Landscaping
The pros and cons and the flexibility were discussed and the potential impacts to these have on a developer. The Committee discussed methods to limit the potential changes in expectations.
A master plan for the site may provide greater certainty because it allows the Town the opportunity to understand redevelopment potential outside of the development review process.
Another option may be a joint Planning and Environmental Commission, Design Review Board and Town Council work session was discussed in order to develop a snap shot consensus for the
redevelopment goals. There was discussion about creating another zone district as well. It will be important to understand what the pros and cons for each alternative might be.
The anticipated schedule for the Committee’s work:
Committee recommended RFP presented to Town Council at the August 5, 2008 public hearing.
Issue a RFP following the hearing, possibly August 6, 2008.
Receive responses from the development community by September 30, 2008.
Committee review responses and provide Town Council with a recommended developer by October 30, 2008.
Break ground on redevelopment in April, 2010.
The following meeting schedule has been adopted:
Monday, June 16 12:00 to 2:00 PM
Monday, June 30 12:00 to 2:00 PM
Monday, July 14 12:00 to 2:00 PM
Monday, July 28 12:00 to 2:00 PM
Tuesday, August 5 Town Council Work Session and
Public Hearing
The meeting adjourned at 2:10 PM.
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