About Smith Ranch Neighborhood
Following design team interviews by a committee made up of Town of Silverthorne staff, Town Council members and citizens, Silverthorne announces that local firm Compass Homes Development, LLC* has been selected as the developer for Smith Ranch.
Compass Homes Development has extensive experience in working with the Town of Silverthorne and has 20 years of experience in Summit County including many workforce and market-rate neighborhoods. The integrated Compass Homes Development team is comprised of Arapahoe Architects, REVEAL, Mary Hart Design, Norris Design, McGraphix Creative and Ten Mile Engineering.
“Silverthorne’s residential development is stronger than ever with projects that include all types of housing in a variety of price ranges, and workforce housing is a critical need for our community,” said Mark Leidal, Silverthorne Assistant Town Manager & Urban Renewal Authority Executive Director. “We are pleased to partner with the Compass Homes team to bring Smith Ranch to life, further revitalizing Silverthorne in alignment with our Comprehensive Plan and providing much-needed affordable housing for residents.”
Anticipated to break ground in spring 2018, Silverthorne officials estimate 180-240 deed-restricted dwelling units can be accommodated on the residential portion of the 62.7 acre Smith Ranch property. To help meet community housing needs identified in the Summit County Housing Needs Assessment, the Town is planning for a combination of townhomes, duplexes and single-family homes, which will be owner-occupied by local residents who work in Summit County.
*Smith Ranch Development, LLC was formed (in the early stages of the development planning) to serve as the operating entity developing the Smith Ranch Neighborhood, thus eliminating Compass Homes Development, LLC as the developing entity.