HOW WE PARTNER WITH DEVELOPERS

HOW WE PARTNER WITH DEVELOPERS

How does YVHA work with private developers?

On all our new housing developments, YVHA has established a public-private partnership with a qualified developer. This is done to leverage the financial and other resources YVHA brings to the development. It also serves to limit the risk exposure by YVHA, including construction, lease-up, and operating risks. Resources YVHA brings to each partnership differ slightly, but include the following:

  • Local financial resources to be used as part of a project’s capital sources where appropriate,
  • Property, sales and use tax exemptions authorized under CRS §29-4-226 and CRS §29-4-227 where appropriate,
  • Local entitlement expertise, including planning and zoning applications, process coordination and representation at public hearings,
  • Local consultation aiding in determining development feasibility and market characteristics

Current partnership properties in Steamboat Springs

  • The Reserves – developed in partnership with Overland Property Group
  • Alpenglow – developed in partnership with Overland Property Group
  • Sunlight Crossing – developed in partnership with Gorman & Company
  • Anglers Four Hundred – developed in partnership with Overland Property Group

Partnership projects in YVHA’s Pipeline

  • Mid Valley – being developed in partnership with Lone Tree Trust
  • Brown Ranch – being developed in partnership with The Michaels Organization

YVHA’s Development Partners