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Servitas presents concept for 380‑unit mixed‑income workforce housing on A8A parcel; county would secure 120 deed‑restricted units
Summary
County staff and developer Servitas presented a high‑level plan to build about 380 units on the A8A parcel (approx. 22 acres). The proposal would deliver 120 deed‑restricted units (average 80% AMI) in perpetuity through county purchase and reimbursements totaling up to $7.5M; development cost estimated at $196M and first occupancy projected roughly 14 months after permitting.
County staff and developer Servitas presented an update Aug. 26 on a proposed mixed‑income workforce housing development for the A8A parcel, a roughly 22‑acre site transferred to the county in 2007.
The Servitas proposal calls for approximately 380 apartment homes—about 260 market‑rate and 120 deed‑restricted affordable units—with an average affordability target of about 80% of area median income (AMI). Staff described a county investment that would include purchase of permanent deed restrictions for 88 of the affordable units for $5.5 million (equivalent to the purchase price) and up to $2.0 million in reimbursements to secure 32 additional deed restrictions for predevelopment expenses; total county participation for 120 deed‑restricted units was presented as $7.5 million.
Servitas said the financing approach and project structure enable deed restrictions in perpetuity and that rent‑to‑income targets would be set so rents do not exceed roughly 30% of household income for restricted units. The developer described a mix of 1‑, 2‑ and 3‑bedroom units distributed throughout the site to avoid concentration of any income group. Engineers and architects reviewed site opportunities and constraints (topography, utilities and stormwater management); staff said utility stubs and a lift station were already sized for the development.
Councilors asked about construction impacts to DP Road, bus access and emergency access; staff and the developer said they would address traffic control, access plans and fire‑safety requirements during the entitlement process and that trail connections to the Canyon Rim Trail were planned. No formal council vote occurred on the concept at this meeting; staff said a draft development agreement and ordinance would return for introduction Sept. 9 and public hearing Sept. 30 if terms are agreeable.
