WHY A PUD AMENDMENT?
As many throughout Eagle County are aware, Edwards River Park evolved tremendously from a mixed-use development heavy on commercial offerings, once including a proposed amphitheater, hotel and restaurant offerings to what was ultimately approved in 2022 as a residential project largely containing deed-restricted homes.
WHAT WILL STAY THE SAME:
OUTDOOR & ENVIRONMENTAL
- 35 Acres of Open Space
- Extensive trails & sidewalks
- Planning areas and allowed uses in planning areas
- Improvements within the Eagle River Preserve property to protect the human and wildlife buffer
- Protect the visual impacts to the Eagle River Preserve
- Provide more than 30 acres of open space managed by the HOA
- A transfer fee of 0.2% proposed to be collected on every sale for wildlife enhancements and education
- Maintain wildlife and wetland buffers
- No impacts to stream setback or floodplain
- Providing access to Edwards River Park and Eagle River
HOUSING
- Total 440 dwelling units (maximum of 170 free makret homes and minimum of 270 deed-restricted homes)
- 90 deed-restricted rental units — nine price-capped rental units at 80% average median income (AMI), 72 price-capped rental units at 100% AMI and nine resident-occupied, deed-restricted units
- 98 resident-occupied, deed-restricted for-sale units
- 82 resident-occupied, for-sale or rental units
- NO SHORT TERM RENTALS
AMENITIES & PLANS
- Early Childcare Center
- Clubhouse
- Locker Room
- Covered Parking
PLANNING & REQUIREMENTS
- Planning areas and allowed uses in planning areas
- Parking requirements
- On-site and off-site landscaping including maintaining and enhancing the landscaping improvements within the Eagle River Preserve Property
- Construction of new Highway 6 roundabout including dedication of land. Developer to fully fund and construct at the intersection of Lake Creek Road and Hwy 6 and are not asking for funds from Edwards Metro, Eagle County or CDOT.
- Highway 6 transit stop improvements to facilitate expanded Core Transit service following the creation of the regional transit authority.
- Use of Developer funds for roundabout frees up government funds to concentrate on other crucial projections.
Aptitude Development wants to be able to deliver on this approval to start construction of these homes for our critical workforce in 2025, make way for the relocation of Family Learning Center to Edwards River Park, and to make the entire neighborhood financially viable. As such, the team is requesting that Eagle County support a handful of changes.
WHAT WILL CHANGE:
OUTDOOR & ENVIRONMENTAL
- Looped boardwalk removal through the wetlands — proposing boardwalk piers which reduce impacts to the wetlands.
- New parking proposed is more environmental-friendly and will allow the groundwater to recharge the fen and wetlands uninhibited as well as promotes transit use.
HOUSING
No proposed changes
AMENITIES & PLANS
- A redefined seasonal event center to an open-air structure
- Parking – replacing the previously-approved underground parking garages with a proposed multi-deck parking garage with residential above it.
- Two of the buildings will be residential over one level of podium parking.
- Proposed on-street parking.
- None of the parking decks will be visible from Highway 6.
PLANNING & REQUIREMENTS
- Eliminates commercial / retail but uses are still allowed in PUD
- Proposing to apply 10,000 square feet of commercial / retail to the required 2,500 square feet daycare for a total of 10,000 square foot early childcare center and associated, required outdoor space at 2,500 square feet.
- Building height definition and basis of elevation (only two buildings will exceed heights by 5′ and 8′), but heights remain under the critical measurement of 35′ above Highway 6.
- PA-2 density transfer for an increase to 47 from 30