There is a unique opportunity to own development property with river frontage in downtown Steamboat. After assembling 4.7 acres of prime real estate between 3rd and 5th Streets a decade ago, Green Courte Partners, a Chicago-based real estate investment firm, has secured unprecedented approvals for the Riverview planned unit development. 

Following three years of planning negotiations with city officials, approval for a multi-use site was awarded. The flexible zoning permits a hotel, low and high density residential including luxury riverfront duplex homes, plus restaurant and a few retail opportunities. 

A metro district has been established to construct major infrastructure including roads, utilities and streetscapes, all of which are underway. Buyers could purchase the site in its entirety or choose from nine individual parcels ranging in size from 0.21 – 0.88 acres. 

“The planned unit development approvals are a great indication of Steamboat’s attitude towards thoughtful expansion,” said Chris Paoli, broker/owner and listing agent with Colorado Group Realty. 

RiverView sits at the gateway to downtown with 900 feet of Yampa River frontage, which allows the potential to establish a signature neighborhood. “From the recent $10M capital improvement project completed downtown, to the city’s specific PUD, Steamboat is poised for an exciting future,” commented Steve Goldman, CGR’s CEO. “Developers with a love for Steamboat could leave their legacy with this impossible to replicate, planned unit opportunity.”