Wednesday, December 06, 2006

Olympian Downtown Steamboat

City council approved the development plan for The Olympian, a 41,000 sq ft mixed use commercial building at Fifth and Yampa streets across from the river by the bridge to Howelsen Park and River Road. The building combines brick, stone, steel and timbers and consists of almost 7,000 sq ft of ground level commercial space, 23 residential units (3 restricted affordable units) underground parking, and improvements to the surrounding sidewalks. It is located just north of Riverwalk Steamboat and at the entrance to what the city is planning to be an improved pedrestrian and shopping area along Yampa Street as it flows down to the new Alpenglow and Howelsen Place buildings.

Paul Franklin plans to break ground this spring. Constuction for this type of building typically takes 18 months. Paul included a transfer tax on any sales in the building to benefit the Steamboat Springs Winter Sports Club. He has two daughters and they are both skiers involved in the club. He is the second developer down town to voluntarily impose a transfer tax. Jim Cook started with the Sheila Cook fund for arts in the downtown area.

If you would like to know more about the Olympian, the overall revitalization of Downtown Steamboat or see plans for any of the projects. Give Jon Wade a call at 970-819-6930 or email

Back to the Steamboat Springs blog main page for more.

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