{"id":804737,"date":"2020-02-28T15:21:00","date_gmt":"2020-02-28T22:21:00","guid":{"rendered":"https:\/\/www.summitdaily.com\/?p=379697"},"modified":"2020-03-02T08:25:43","modified_gmt":"2020-03-02T15:25:43","slug":"developer-unveils-concepts-for-proposed-housing-partnership-with-frisco","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/ksmt\/local-news\/developer-unveils-concepts-for-proposed-housing-partnership-with-frisco\/","title":{"rendered":"Developer unveils concepts for proposed housing partnership with Frisco"},"content":{"rendered":"
\n
Frisco Town Council member Dan Fallon speaks with community members about a potential public\/private housing partnership during an open house Feb. 26. <\/strong>
Sawyer D\u2019Argonne \/ sdargonne@summitdaily.com<\/em><\/figcaption><\/div>\n<\/figure>\n

FRISCO \u2014 Developers unveiled initial concepts for a potential public\/private housing partnership with the town of Frisco on Wednesday afternoon, a cooperative effort that could bring up to 100 new housing units to town if an agreement is reached.<\/p>\n

Dozens of community members gathered inside the First and Main Building to view concepts for new housing opportunities on Granite Street. The concepts were put together by Norris Design and Brynn Grey on behalf of local developer Nathan Glassman, who owns an empty plot on Granite Street between Second and Third avenues. He approached town officials last year to pitch a partnership, hoping to take advantage of a pair of town-owned lots nearby.<\/p>\n

\u201cThe thought is that the whole is greater than the sum of its parts,\u201d Glassman said. \u201cI think that together we can have a greater impact on the needs of this community. The last time we held a meeting, 100% of the people who came said housing is a great need in Frisco. We know we can do way more together.\u201d<\/p>\n

The proposal includes possible development on three lots, including the Glassman lot, the adjacent town-owned Sabatini lot and another lot at 113 Granite St. just across Second Avenue.<\/p>\n

The main development would be on the Glassman-Sabatini site, where developers tentatively have proposed a four-story building complete with 20 market-rate units (39 bedrooms) and 12 workforce units (21 bedrooms). The building also would be complete with an underground parking structure that could hold up to 111 spaces, a 60-space ground-level parking structure for residents and an additional 29 spaces on the street.  <\/p>\n

According to Glassman, all of the units at the main site would be for sale with the hope that residents moving into the development would stick around long term and help to foster a sense of community.<\/p>\n

\u201cThat tends to happen more with for-sale units because people are living there longer,\u201d Glassman said. \u201cYou get to know each other, get to know each other\u2019s kids. That\u2019s where there\u2019s a lot of emphasis on the design and creating those community spaces. We\u2019ve got big courtyards in between. We\u2019ve got hardscape on either side, so you have public spaces to look out to the view.\u201d<\/p>\n

Glassman also said he hopes the extended parking options would help to make a difference throughout the entire area, facilitating overflow from the 113 Granite St. site among other nearby businesses.<\/p>\n

\u201cThat\u2019s the magic here,\u201d Glassman said. \u201cWe can actually free up other sites because there\u2019s no longer a need for additional parking there.\u201d<\/p>\n

Two separate concepts were presented for the 113 Granite St. site, both of which were proposed as affordable workforce rental properties. The first would feature a two-story building with 10 four-bedroom units for a total of 40 bedrooms. The second would include a three-story building with 24 one-bedroom units.<\/p>\n

Glassman noted that his vision for the 113 Granite St. units was to either rent out the units directly or sell them to local businesses that could in turn rent them to their employees. Regardless of how things shake out, he said they\u2019ll be affordable for the town\u2019s workforce, likely restricted to around 60% of area median income or lower.<\/p>\n

Based on the initial concepts, both buildings would feature net-zero, all-electric designs along with solar-ready roof panels and Frisco\u2019s traditional mountain aesthetic.<\/p>\n

It\u2019s unclear whether town officials will decide to move forward with the partnership or what exactly a partnership would look like. Town Manager Nancy Kerry said the next step would be receiving a formal proposal from developers and entering into a memorandum of understanding to continue with the project. Before any decisions are made by the Town Council, Kerry said there would be a detailed cost-benefit analysis.<\/p>\n

\n
\n
The lot that sits on Granite Street between Second and Third avenues in Frisco is a potential site for a proposed public\/private housing development project in Frisco. <\/strong>
Liz Copan \/ ecopan@summitdaily.com<\/a><\/em><\/figcaption><\/div>\n<\/figure>\n<\/div>\n

\u201cAs soon as we get a clear proposal, we\u2019ll analyze it to see what the benefit is to the town,\u201d Kerry said. \u201cHow much housing money are we putting in, and how many units will we get for the workforce? \u2026 If the council is willing to contribute land, the public has the right to the fair-market value. So we\u2019d want to get it appraised, figure out what that really is and then decide what the town and public get for it. We\u2019d expect some number of workforce housing units dedicated for public use, either through deed restrictions or what have you.\u201d<\/p>\n

Glassman said that even if an agreement with the town can\u2019t be reached, he still would move forward with some sort of housing project on his plot. Similarly, Kerry said the town was dedicated to pursuing more housing options with or without the Glassman site.<\/p>\n

\u201cThe council has said their No. 1 top priority is housing, period,\u201d Kerry said.<\/p>\n

Developers will take into account the new community input from the meeting and are expected to send the town a formal proposal in the next week or two. For now, community members seem tentatively optimistic that an agreement can be reached.<\/p>\n

\u201cI like the idea of more housing and more workforce housing,\u201d local resident Cindy McGuire said. \u201cI\u2019m a little concerned about workforce and private housing in the same building \u2026 and I don\u2019t particularly want it to loom over the Historic Park. But I am generally supportive.\u201d<\/p>\n

via:: Summit Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Frisco Town Council member Dan Fallon speaks with community members about a potential public\/private housing partnership during an open house Feb. 26. Sawyer D\u2019Argonne \/ sdargonne@summitdaily.com FRISCO \u2014 Developers unveiled initial concepts for a potential public\/private housing partnership with the town of Frisco on Wednesday afternoon, a cooperative effort that could bring up to 100 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[99],"tags":[],"class_list":{"0":"post-804737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-07-20 07:26:43","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSMT The Mountain","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/ksmt","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/804737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/comments?post=804737"}],"version-history":[{"count":1,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/804737\/revisions"}],"predecessor-version":[{"id":804785,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/804737\/revisions\/804785"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/media?parent=804737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/categories?post=804737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/tags?post=804737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}