Edwards developer pulls open space request | VailDaily.com

Edwards developer pulls open space request

Chris Outcaltcoutcalt@vaildaily.comEdwards, CO Colorado

EDWARDS, Colorado A local developer withdrew a request last month to remove an open space restriction from a parcel of land behind Edwards Corner in Edwards, Colorado, but hasnt abandoned plans to build there. Remonov & Co. developer Rick Mueller proposed a high-end condo project designed by high-profile architect Daniel Libeskind for the site, but pulled the project late last year after learning the land was restricted for open space. Mueller subsequently asked the county to remove the open space restriction. County land use regulations require the decision to remove the designation be based on whether the change would provide for a demonstrated community need a decision the county cant make without knowing what Mueller has planned for the site, said Eagle County Environmental Sustainable Coordinator Yuri Kostick.Theres no way to judge that (community benefit) without knowing what its going to be, Kostick said. We need a development plan so that we can see whats coming. The county gave Mueller until today to reschedule a hearing on the open space designation. But Mueller sent a letter to the county on Oct. 28, asking the amendment request be pulled. He said he intends to resubmit the request with preliminary plans for the site in about a month.Instead of high-end homes and retail, Mueller is considering high-density housing and commercial space for the 7.3-acre spot known as Tract K. Hes also considering affordable housing for a 1.3-acre piece of land behind the fire station in Edwards called Tract T.But even if the restriction is lifted, it could be years before anything is built because of the poor economy, Mueller said. Its not a good time to be out in the world doing speculative-type projects, Mueller said. Its hard to get financing, and there are no buyers. Mueller said the county process has been cumbersome. Its difficult to know what to do they put us in between a rock and a hard place, Mueller said. We spent a huge amount of money thats just thrown away. Kostick said the county didnt handle the file with any malicious intent. Staff Writer Chris Outcalt can be reached at 970-748-2931 or coutcalt@vaildaily.com.

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