After gaining preliminary play approval last week from the Ketchum City Council, the Onyx at Leadville luxury condominium project will officially be divided into separate units for sale—and as a result of the project, community housing will likely come to Warm Springs.
The 28,000-square-foot building east of Trail Creek on Leadville Avenue is scheduled for completion by June 2020 and should hit the market by Christmas of this year, developers say.
Current floorplans show eight units, two of which are top-floor penthouses, and an underground parking garage.
The Planning and Zoning Commission voted unanimously to approve the building design in February of 2018.
On Oct. 21, real estate agent Shannon Flavin announced that Onyx at Leadville developers will add to Ketchum’s affordable-housing inventory in exchange for exceeding the maximum floor-area ratio, as outlined by the city’s regulations.
“We have identified a property in a great location that we think works best for the city and community on all fronts,” Flavin said.
The property, to be governed by the Blaine County Housing Authority, is currently a two-unit duplex building, on Irene Street.
Housing Authority Executive Director Nathan Harvill voiced support of the plan at the meeting.
“This can be put into operation fairly quickly. We endorse the idea,” he said.