If you haven’t heard, Colorado is currently experiencing an unprecedented real estate boom. Demand for new housing and accommodations are at an all-time high, with construction being almost as ubiquitous as Colorado’s picturesque scenery.
The city of Fraser and nearby Winter Park have been meeting this new demand in real estate by developing new amenities and housing to handle this hot market. There are a number of developments underway in the Winter Park/Fraser area that is making the area more attractive to those looking to purchase real estate in the area.
For Fraser, this includes:
Cozens Ranch Open Space
A planning effort with the desired outcome of protecting the land, river, and wildlife while increasing river access, recreational activities and educational opportunities in order to connect residents and visitors to the beauty and serenity of the Fraser River.
Elk Creek Condos
Elk Creek Cottages
Phase 4 release coming soon
Elkhorn Townhomes at Rendezvous
3 story, 2 to 4 bedroom units with attached garages
Highway 40 Improvements
The US 40 Pedestrian Safety Improvement Project will provide corridor improvements in the form of new medians and pedestrian crossings in downtown Fraser. 60% of this project will be funded via grants from the State of Colorado.
Luxury patio homes coming soon
New Recycling Facility
Recycling and Pay-As-You-Throw (PAYT), including a free, single-stream recycling that will be available to Fraser Valley residents and visitors (still in the planning stages).
The family-run distillery, slated to open in 2018, will offer its own variety of vodka, whiskey, and gin made in-house.
3 – 5 bedroom homes with attached garages, two-story decks, and attached 2-car garages
The Ranches at Devil’s Thumb
17 luxury vacant lots
WINTER PARK UPDATES
Winter Park has its own share of recent developments, including:
Arrow at WP
The Arrow community consists of 3 - 4 bedroom townhomes with attached garages and rooftop decks.
The Town of Winter Park owns several pieces of property that are earmarked for attainable housing development in the future. The Town is also actively working with developers and private property owners to ensure that they have an adequate supply of attainable housing to meet all needs across all demographics.
Another complex holds 28 two-bedroom units and 10 one-bedroom units that were rented based on a lottery of qualified applicants.
Fireside Market & Eatery
Winter Park’s grocery store officially opened in November 2017. In addition to groceries, they offer a juice/coffee bar, salad bar, burrito bar, pizza by the slice, grilled cheese bar, an ice cream sandwich bar, and even a cozy area to enjoy lunch.
5 large townhomes plus 6 – 10 two-bedroom condominiums above ~3,500 square feet of commercial space.
Pending annexation and Plat approval
Winter Park Preserve
10 luxury riverfront homes
(Many of the in-progress projects listed here are currently accepting reservations for purchase.)
Additionally, the town of Winter Park has proposed a number of other updates, including:
Burying electric lines between Miller Road and Rendezvous Way in the summer 2018
Winter Park’s Town, Resort and Grand Foundation announced its Neighbors to Neighbors challenge grant program to provide $250,000 in matching funds for affordable housing.
The Sitzmark workforce housing project has closed as of November 2017, adding 38 units to Winter Park. Investors are invited to invest in $5,000 increments through RBC Wealth Management
An additional workforce housing project is currently in design that will focus on short-term workers. This project will include up to 100 beds on vacant land behind the King’s Crossing Center.
The Town Council of Winter Park secured naming rights for the new stage in Hideaway Park (now renamed Rendezvous Events Center), which secures $3.5 million in funding for both the park and a 15-year leaseback for the current Visitor Center/Chamber of Commerce that will be remodeled.
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As you can see, real estate in Fraser and Winter Park is on the rise. Based on today’s market trends jumping in early may allow your future home’s value to increase exponentially as everyone discovers Colorado’s beauty for themselves. Contact me today to learn more. I’d love to hear from you!
Author:Erin Jeziorski Phone: 970-281-9567 Dated: March 1st 2018 Views: 2,353 About Erin: Following graduation with a Bachelor’s of Science degree in Geology and Environmental Studies, I m...
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