Carbondale’s Overlook developers call timeout
November 21, 2009
CARBONDALE – Developers of the planned Overlook Neighborhood project in Carbondale have asked for some time to consider their options.
A continued public hearing scheduled for earlier this week before the town’s board of trustees was canceled.
Larry Green, the attorney for developer C’dale LLC, indicated that they could take as long as 90 days before coming back to the board, meaning it could be February before the hearing resumes.
Green said at the Nov. 27 town board meeting that the development group has some significant business decisions that need to be worked out, which will require some time.
The hearing would have to be renoticed when and if the developer does return, town planning director Doug Dotson said.
C’dale LLC manager John Foulkrod, who is also a member of the town board, did not return a call seeking comment. Foulkrod has recused himself from the town board hearings on the development proposal.
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The Overlook proposal calls for a mix of between 145 and 170 residential units, 45,000 square feet of commercial space and a possible 50-room hotel on the 13-acre former Carbondale Mine Services property.
The site is located near the main downtown area, north of the town hall building and the Rio Grande Trail.
The project was recommended for approval by the Carbondale Planning and Zoning Commission earlier this year. The town board, following numerous meetings over the summer as part of the public hearing process, had reached general consensus on a number of items, including an affordable housing requirement, parking and phasing.
The project would include between 18 and 21 deed-restricted affordable housing units, depending on how many total units are ultimately built.
Among the outstanding issues still to be discussed are details related to the extension of Industry Place to Eighth Street to serve as a construction haul route and eventual new town street.
Also at issue have been the period of vested rights, the time following zoning and subdivision approval that the developer would have to begin construction.
One specific item that was to be discussed at this week’s meeting was a reversion clause, spelling out when the property’s zoning would revert to industrial use if the development gets stalled.