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City says Lumberyard project will add 277 deed‑restricted units; council, commissioners press on access and transit

Joint meeting of the Aspen City Council and Pitkin County Board of County Commissioners · February 9, 2026
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Summary

City staff presented the Lumberyard affordable housing plan: 277 units across three buildings, deed restrictions through APHA, a two‑phase financing schedule and an estimated city contribution of $250 million. Elected members pressed staff about highway access, signal removal, transit and coordination with county engineers.

Chris Everson (City of Aspen staff) described the Lumberyard Affordable Housing Development as a 277‑unit rental project implemented through a public‑private partnership with Gorman and Company. "The lumber yard will provide, 277 affordable rental units of, 1, 2, and 3 bedroom apartments," Everson said; he added the project serves income categories 1–5, that 70% of units will be in categories 2–3, and that the city will request APHA sign a limited partnership for tax‑exempt operating status.

Everson reviewed site design concepts (frontage road, raised intersection, transit stops and a multimodal trail tie‑in) and a transit station with two buses on 30‑minute intervals. Several elected officials asked about Highway 82 access control plans, an underpass or roundabout, and how to coordinate construction timing with the airport project. Staff said the 2012 CDOT access control plan and county engineering input shaped the frontage road location and that a larger regional study (a pending $2.5 million planning grant) will examine broader connectivity.