SUMMARY OF
TOSV RESTRICTED HOUSING
CODE STANDARDS
(Prior to or during tour route)
PURPOSE – Provision of housing for low, moderate, middle income;
-60% accommodation of new employees generated by new development.
REQUIREMENTS – Job rates for various uses per 1,000 SF or per Unit;
Applied at maximum annual (peak) employment;
Other methods: (consulting publications; peak season / maximum annual employee staffing plan)
SF PER FTE EMPLOYEE – MIN. 448 SF
UNIT SIZE RANGES – STUDIO: 448-550SF
1-BDRM: 550-750SF
2-BDRM: 750-1080 SF
3-BDRM: 1,150-1,350 SF
SF PER SEASONAL EMPLOYEE – MIN. 224 SF
- Dormitory or shared living;
- Single-room occupancy for ea. employee, w/ shared living, restrooms & kitchen;
- 224 SF of shared living space per employee required
REDEVELOPMENT – 115% credit for housing mitigation on existing uses
- (Post redevelopment jobs – RD jobs x 115%)
-Existing employee housing to be replaced;
-Verifiable information on FTE employees housed;
ALTERNATIVE INDEPENDENT CALCULATION – Comparable resort or local data, analysis, surveys (based upon unique circumstances and reviewed by the Town Council)
INDEPENDENT PAYROLL AUDIT – Council may require 2-years after occupancy. Extension or additional housing addressed in agreement.
METHODS: Ownership (Town, developer or combination) – During Prel.
PROVISIONS: Development buy-down;
-Restricted sale;
-Other means: (restricted rates & use via agreement; and land for credits);
CASH-IN-LIEU FOR MINOR DEVELOPMENTS –Net cost of land and all related planning, design, development & construction expenses.
DEVELOPER RESPONSIBILITIES – Planning, design & development approvals, the land, and full costs of construction;
TOWN COUNCIL RESPONSIBILITIES – During Prel: Unit mix, configuration, rental rates, sale prices, occupancy rates, operating budgets (inc. maintenance of capital reserve), based upon comparables and housing surveys or employee staffing plan.
HOA DUES –Restricted Housing Units may only be assessed monthly dues based on comparable unit size or size of lot; CCRs shall state maximum share of general, common, limited, special or other assessments allocated to each restricted housing unit.
SUMMARY OF
VICEROY RESTRICTED HOUSING UNITS
PART OF BASE VILLAGE AND ITS RESTRICTED HOUSING AGREEMENT;
REQUIRES SALE OR LEASE;
REQUIRESRESTRICTIVE COVENANT FOR EVERY UNIT SOLD OR RENTED;
BASE VILLAGE EMPLOYEE HOUSING REQUIREMENT: 138K SF
-(i.e., 306 FTE or 614 Seasonal employees)
EMPLOYEE HOUSING TO BE PROVIDED IN BV:
- 19K, INCLUDING 6,600 SF IN VICEROY
OTHER:
- 38K AT CLUB COMMONS II;
- 32K AT SINCLAIR MEADOWS;
- 39K CREDITS;
- 10K LATER BY AGREEMENT
EXISITING EMPLOYEE HOUSING IN BV: 3,900 SF, INCLUDING 2,200 SF IN 2 UNITS AT VICEROY PLUS 4,400 SF ADDITIONAL w/i 5 EDU IN ANNEX.
SALE PRICE: COMPARABLE TO DALY T.H.
LEASE RATE: COMPARABLE TO MOUNTAIN VIEW PHASE II
BRIEF OVERVIEW ALONG THE TOUR ROUTE
- ASPEN SCHOOL DISTRICT EMPLOYEE HOUSING
- FAIRWAY III T.H. – PITKIN COUNTY PROJECT
- SINCLAIR MEADOWS – B.V. MIGITATION (32K SF)
21 Restricted T.H. Style Units
3 with 2-car garages;
others with 27 carportspacesea. w/ 30 SF storage closets;
20 surface parking spaces
SUMMARY OF
CLUB COMMONS II EMPLOYEE HOUSING
JOINT PROJECT WITH SWSD: Rezoned ‘MF’
MITIGATION: 38K SF in 36 Units w/ 120 bedrooms & 102 parking spaces
EMPLOYEE HOUSING RESTRICTIVE COVENANT REQUIRED
USAGE: Open to all employees in the Town; May be filled by Town’s Housing office pursuant to TOSV policies and procedures
PERMANENT (Bldg. B12) AND SEASONAL HOUSING (Bldg A24):
-SWSD has 1st right of refusal on 3 Units (1st in B12, then in A24);
-SKICO has primary use rights for seasonal units
SUMMARY OF
RODEO PLACE HOUSING
NOT MITIGATION HOUSING FOR DEVELOPMENT.
A TOWN PROJECT ON TOWN-OWNED PROPERTY
24-LOT SUBDIVISION – ZONED ‘MF’ TO ALLOW DUPLEXES; NO PUD.
SF LOT SIZE RANGES: 5,000 TO 10,300 SF
DUPLEX LOT SIZE RANGES: 8,200 TO 11,500 SF
SETBACKS: 8’ ALONG STREET AND ALLEYS; 5’ SIDE YARDS
MAXIMUM HEIGHT: 28 FEET.
MAXIMUM F.A.R.: 0.75 F.A.R. IN ‘MF’ NOT APPLICABLE;
-LIMITED TO 3,000 SF TOTAL;
-MAX. 2,100 SF ABOVE GRADE;
-MAX. 1,250 SF BELOW GRADE
BUILDING DESIGN GUIDELINES: Western-heritage ranching theme w/ rustic durable materials
FUNDING BY: F.A.E.T. PROGRAM (Explain has may be needed)