Blue 52 is Breckenridge’s newest workforce housing project. It contains a total of 52 housing units. Seventeen went up during phase one and the remaining 35 are set for phase two.
The second phase will feature 25 two-bedroom units, five one-bedroom and five three-bedroom townhomes, ranging in price from $249,000 to $515,000.
The Project is currently taking applications now through May 16 from people who work in Summit County and might want to own a home in Blue 52.
Many of the people who applied for units in phase one landed exactly what they wanted. While interest in the development is strong, having almost twice as many available homes for the second round means that even more people will likely get into their desired unit.
What are the Options
Each of the 35 homes will feature one of three finishes – standard, upgraded or premium. This will help anyone who might have a little extra money buy into an elevated package with upgraded amenities such as granite countertops and wood floors, without having to pay top dollar for a custom-built home.
The ultimate goal is to deliver a wide range of housing units at a variety of prices; all of which helps local workers stay local.
All three-bedroom townhomes will also come with two-car garages. Most of the two-bedroom units will feature single-car garages and dedicated surface parking will be included with one-bedroom properties. Homes without garages have private storage rooms on-site.
An additional selling point for the neighborhood is the new Oxbow Park, which will be right next to Blue 52.
Work on the new park will start in a couple of months and homebuyers should be prepared for construction continuing this summer – both at Blue 52 and at Oxbow Park.
However, once complete, the Blue 52 community will have new amenities nearby. There will also be trail and walking path connections for convenient options to get to nearby places.
What You Need to Know
The application process is to come before a lottery which is scheduled for June 1st. At that time those who have applied will learn if they’ll be offered contracts to close on one of the homes, likely sometime in June or July of 2018.
To download an application form, go to Blue52Breckenridge.com. The website contains price points for different units, a list of preferred lenders, floor plans and information about the different finishes, along with copies of the deed restrictions, HOA documents and more.
Breckenridge Town Council also voted to increase the rental-rate restriction, allowing someone who purchases a deed-restricted home to rent out a room inside of it for up to $850 per month.
The home itself cannot be rented out, however the move was designed to give someone who purchases workforce housing with the plan of having a roommate help offset payments a little more room financially to make such an arrangement work.