Roaring Fork Community Development Corporation

Elise Thatcher

  The Roaring Fork Community Development Corporation has agreed to take a loss in selling land to the Town of Basalt. The CDC owns land along the Roaring Fork River that the town is eyeing to turn into a community park. A ballot measure posed to the voters this fall will ask if the town should buy that land for the appraised value  - $2.9 million. Currently, the CDC owes more than that amount on the land, and would be taking a loss.

Elise Thatcher

The Roaring Fork Community Development Corporation is raising concerns about Basalt’s latest plan to handle the Pan and Fork parcel.

Elise Thatcher

Basalt may ask voters to pay for a Pan and Fork park this fall. Town Council decided Tuesday night to start nailing down how much the land is worth and other preparations.

Marci Krivonen

Basalt Town Council met behind closed doors last night to discuss a possible land purchase and go over a new “roadmap” for downtown development. 

The Roaring Fork Community Development Corporation is urging council to consider buying land it owns downtown. The non profit’s 2.3 acres is prime real estate along Two Rivers Road. Board President Michael McVoy says the corporation would like to retrieve its investment. The land was purchased as a partnership with the town in 2011.

Marci Krivonen

A development group is now involved in the discussions around redeveloping downtown Basalt.

Lowe Enterprises has partnered with a landowner involved in the redevelopment process. Lowe built The Gant hotel in Aspen. They’re partnering with the Roaring Fork Community Development Corporation that owns 2.3 acres along Two Rivers Road, where a trailer park once stood. Town government owns adjacent land that sits in the floodplain and borders the Roaring Fork River.

Marci Krivonen

As mobile homes make way for a public park in Basalt, some say a non profit organization has broken promises about how it would help residents. More than 200 people in the flood-prone Pan and Fork Mobile Home park now have to move or get ready to, as riverfront work starts there. One resident Adriana Torres, says years ago, the Roaring Fork Community Development Corporation, or CDC talked about relocating the residents.

Marci Krivonen

The relocation of families living in 38 mobile homes in Basalt is moving forward. Last night Basalt’s City Council passed several measures designed to move the residents out of the trailer park as a step towards redevelopment of the property. As Marci Krivonen reports, the meeting room was packed with people on both sides of the plan.

The effort to relocate dozens of residents in Basalt’s Pan and Fork Mobile Home Park is underway. Town staff met with residents in eight homes on Monday. They’re trying to find out what kind of replacement housing would suit each, individual household. As Marci Krivonen reports, it’s a task unlike any other the Town has taken on.