Lowe’s store close to final plan in Silverthorne | VailDaily.com

Lowe’s store close to final plan in Silverthorne

Julie Sutor
summit daily news

SILVERTHORNE – A proposed Lowe’s home improvement store is slowly but surely making its way through the development process in Silverthorne. Town staff expect the company to submit the last few documents of its final application later this week.

The company’s preliminary application, submitted several months ago, contained plans for a 138,000-square-foot store and garden center on 11.2 acres at the intersection of Buffalo Mountain Drive and Wildernest Road.

Lowe’s submitted elements of a final site plan in late June, but the town is still awaiting a final drainage plan and final soils and geotechnical report. Once the application is complete, the town will send it out to other government agencies for a 25-day review.

Pending review by outside agencies and the Community Development Department, the proposal could go before the Silverthorne Planning Commission and Town Council for final review in late August or early September.

On Wednesday evening, the Silverthorne Town Council will consider Lowe’s request to participate in the town’s Enhanced Sales Tax Incentive Program (ESTIP). Through the program, developers are required to make improvements to public infrastructure like intersections, drainage and sidewalks, and then are reimbursed for the work by the town through sales tax rebates. Wednesday’s conversation will take place in an executive session, since it involves negotiations with Lowe’s. Executive sessions are not open to the public. Should an ESTIP agreement be negotiated between the town and the company, it would be considered by the council in concert with the final development application.

Home Depot, another national home improvement chain seeking to land a store in Silverthorne, is a few steps behind its competitor in the development process – even though it started sooner. Home Depot submitted a preliminary plan deemed incomplete in February, and the town is still waiting for additional items.

“At this time, we do not have a sense of Home Depot’s timeline for submitting the necessary documents, so it’s unclear when this application might return to Planning Commission and Town Council,” town spokesman Ryan Hyland said.

Mike Ciletti, a spokesman for Home Depot, said Monday the company’s application is “moving along, but about at a snail’s pace.”

Ciletti said the company is still committed to the project, and he hopes for fairness and equitable treatment in the development process.

“When you have similar retailers like this, some folks in the community may have a preference about where they like to shop,” Ciletti said. “This isn’t about where people like to shop – this is about meeting the standards in the town code.”

Ciletti said the company has been treated fairly to date, and he expects that to continue.

SDN reporter Julie Sutor can be reached at (970) 668-4630 or jsutor@summitdaily.com.

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