Lena Street Commons scheduled for six-year buildout

by Dalton Carver

Another housing development in Ridgway is one step closer to breaking ground after a preliminary plat approval by town council at its regular meeting the evening of June 13. Lena Street Commons, a project that was originally proposed in August 2016, will take about six years to complete in a phased process.
The development proposes 19 single-family townhouse-style units and four commercial units on the property east of Lena Street and west of Railroad. The land, which is also north of the Ridgway Public Library, has the Riverway Trail running through it.
Council and the development team, including Tate Rogers and Sundra Hines, have negotiated that there will be three permanently deed-restricted units included in the development.  
Short term rental of units will be allowed in two buildings of the development and will count toward the 50-rental limit established by the town via ordinance in May 2017.
Councilors had two large project elements in front of them Wednesday evening – the preliminary plat consideration and the project’s development agreement. The preliminary plat, which was approved by council first, allows the development project to get underway.
However, most of the evening’s discussion was on the development agreement, which lines out a property transfer, street improvements and the timeline of project completion. Jen Coates, town manager, said the town and the development team have been in discussion for months crafting the development agreement, of which staff recommended...

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