10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

Breckenridge Officials Weigh Accessory Dwelling Units in The Town’s Runway Neighborhood

Breckenridge’s long-awaited Runway Neighborhood project has officially broken ground, sparking a heated debate among officials, staff, and residents about the future of housing in the town. At the heart of the discussion is whether accessory dwelling units (ADUs) should be fully integrated into the neighborhood or simply prepared as “ADU-ready” shells for future development.

The Town’s Last Major Workforce Housing Effort

Runway Neighborhood is seen as the last significant workforce housing development in the town, with 81 units in the first phase, 27 of which could potentially include ADUs. Initially envisioned as a two-phase project with 148 units, the plan was scaled back due to economic uncertainty. The town committed roughly $34.6 million to subsidize phase one instead of moving forward with the full $50 million investment.

For many officials, this project represents more than just housing—it’s a chance to shape the workforce landscape of the town for decades to come. Mayor Kelly Owens emphasized that the decisions made today will determine how well Breckenridge can balance affordability and availability in the years ahead.

Balancing Affordability with Growth

Staff members advised caution in adding fully built-out ADUs, estimating construction costs at $120,000 per unit, with an additional $30,000 in utility hookups and permit fees. For buyers, this could increase home prices significantly, potentially pricing out qualified workforce buyers in the town.

Housing project manager Melanie Leas warned that requiring ADUs upfront might narrow the pool of potential buyers. “We just really couldn’t feel great about the million-dollar price point of a five-bedroom, deed-restricted home,” she explained. Instead, staff recommended a flexible model: build ADU-ready shells with infrastructure in place, leaving homeowners the choice to complete them later—possibly supported by grants.

Differing Views from Council Members

Despite affordability concerns, some members of the Town Council favored a more aggressive approach. Council member Todd Rankin argued that with limited land in the valley, density is essential for meeting workforce housing goals in the town. He suggested that fully building out ADUs could increase housing stock more efficiently, even if it raised costs.

Other council members, like Jay Beckerman, worried about inconsistencies in costs and permitting between attached and detached units. Meanwhile, Dick Carleton supported the staff’s recommendation for shells, pointing to the potential for grants to help homeowners finish ADUs when they’re ready.

The split opinions highlight a central dilemma for the town: how to increase housing density without making homes unaffordable for the very workforce they are meant to serve.

Looking Ahead for The Town

As Breckenridge continues to develop the Runway Neighborhood, the decision on ADUs will play a pivotal role in shaping the community’s housing strategy. With around 47% of the workforce already living in the valley, town leaders remain committed to maintaining a balance between affordability and growth.

For residents and workers in the town, the future of the Runway Neighborhood could determine whether housing remains accessible or drifts further out of reach. Council members have not yet reached a final vote, leaving the community waiting to see how this crucial decision will unfold.

Stay updated with the latest business and startup news. Visit Startup News for in-depth insights and fresh updates.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link