Press release for The Ridge, currently known as “Diamond Ridge”
(March 25, 2022)
From the Town of Telluride and San Miguel County:
San Miguel County and the Town of Telluride are pleased to announce the pending acquisition of a 105-acre parcel less than six miles from both Telluride’s Main Street and the Mountain Village Core that will be dedicated to affordable housing. This investment is being made to create more opportunities for the workforce to live locally.
This partnership between the Town and the County is a result of the strong and consistent message from our regional community that housing working residents and families affordably within the Telluride Region is a top priority. The land acquisition is intended to allow the development of a vibrant and affordable neighborhood for local workers and families within a reasonable commute to our major employment centers, while preserving a majority of the land as open space.
The Town and the County will build on the knowledge and expertise acquired in over 30 years of affordable housing development, and past successful partnerships in developing deed restricted in the region, as the project goes through the land use review process.
The intention is to deliver an affordable neighborhood connected to municipal utilities, and designed to respect the natural landscape.
Building more affordable housing in the Telluride region will keep our economy strong and communities vibrant. The Town of Telluride and San Miguel County look forward to working together to build a neighborhood that will support our region’s current and future needs.
For more information on the Rezoning Application that has been submitted to San Miguel County for this property, please see:
https://www.sanmiguelcountyco.gov/DocumentCenter/View/7999/Diamond-Ridge---Rezoning-Application-032122
Expected meeting dates are as follows:
April 21, 2022 San Miguel County Planning Commission (CPC) meeting
Upon action by the CPC, the action would be referred to the San Miguel County Board of Commissioners for consideration.
Media Contact: Lance McDonald (LMcDonald@telluride-co.gov) and Mike Bordogna (mikeb@sanmiguelcountyco.gov)