There is a new promenade being built that stretches from Torian Plum to One Steamboat Place area. It looks great. It’s a year-round pedestrian walkway featuring snow-melt pavers in the winter and Burgess Creek highlighted in the summer. The Promenade has already transformed the way the base area looks, and it isn’t set for completion until next summer.
Torian Plum and Torian Creekside— Torian Plum and Creekside have used the timing of the promenade construction zone to repair the roof over the Torian parking garage and transform the large grassy area into an integral part of the promenade. The $2 million improvement will be paid from capital reserves and a special assessment to the Torian Plum and Torian Creekside owners.
The Phoenix— The Phoenix has a great walk-to-ski location, but it looked a bit dated. This summer, the Phoenix HOA completed a $3.9 million renovation that brought the Phoenix exterior from it’s tired 1980’s exterior up to a stylish, modern façade. Owners at The Phoenix were assessed between $50,000-$90,000 based on the size of their condo.
The Ranch at Steamboat— The Ranch is a large development built in the 80’s with great views of the ski mountain. The Ranch HOA took advantage of the slower economy to spruce up the development with a multi-year remodeling project. The Ranch has replaced and renovated the decks and hot tub area and updated the grounds with new landscaping, exterior staining, and new signs and lights.
The Ranch has a pool, tennis, conference room and large 23 acre open space making it a unique Steamboat condo development. The good news? Ranch owners didn’t have a big bill for a special assessment as reserve accounts and a line of credit funded the project.