The city vote was tallied yesterday and determined that the plan for Steamboat 700 would not be realized in the near future. Steamboat 700, a plan for the annexation of 700 acres of land west of town, was scheduled to develop between 1,837 and 2,243 residential units. As many as 448 of them were scheduled to be deed-restricted community housing units. The plan was overturned by a vote of ’2,592 ballots against the annexation and 1,661 ballots in favor, a 61 to 39 percent result for the mail-only vote that began in February.’
The development team was not sure of its next step after the rejection of Steamboat 700. ‘There are multiple Plan B’s, and I haven’t finalized any of them,” Mulcahy (Steamboat 700 principal and project manager) said. “Unfortunately, there’s not a Plan B of approaching the city with another annexation.’ However, it appears as though a different plan for annexation will not be approched by the same investment group ‘Cost is a small part of it, but after 300 hours of public meetings, meeting all the requirements of the West of Steamboat Springs Area Plan … there’s nothing that would give any certainty or any likelihood that going through this would result in a different outcome,’ Mulcahy said. ‘Why would there be a different outcome in another three years?’
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