Truckee riverside property owners exploring options
July 8, 2010
TRUCKEE, Calif. and#8212; With plans for Hotel Avery down the street, the Hilltop development above and the old county corporation yard across the river all moving forward, owners of the Bright property and#8212; after years of dormancy and#8212; are starting to formulate a plan.
The 26 acres at the end of South River Street have been in the Bright family for years, said agent Ron West, but in response to planned development around the property and with hopes for a rebounding economy, the family is moving into an initial planning phase, under the name Truckee Springs.
and#8220;The town is moving ahead with the corporation yard, the Hilltop plan, trails, all sorts of cool things, so we decided to move forward with a master plan that would describe circulation, how it would relate to those other projects and the neighborhood,and#8221; West said.
Jaime LaChance, assistant town planner, said the townand#8217;s general guidelines for the property would allow for either 40 single family units, 80 multi-family units or 120 hotel rooms, or a proportionate mix of those.
The project would likely also include public access to the river, West said.
and#8220;I think we have the nicest piece of property in town,and#8221; West said. and#8220;Itand#8217;s a very central parcel where everything could come together.and#8221;
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Both West and LaChance said the plan is in its initial stage, and public involvement on the level of other master plan projects like the Hilltop or the Railyard would ensue.
West said it isnand#8217;t the property ownerand#8217;s intent to get the plan to a specific level and#8212; instead getting the general entitlement in place to sell to a developer.
and#8220;The owners want to be ready for when the market comes back,and#8221; West said. and#8220;Itand#8217;s been in the family many many years but theyand#8217;re not really interested in being developers.and#8221;
LaChance said the town and the owners arenand#8217;t on the same page yet, but West said they plan to find an agreeable solution.
To learn more about the property, or to contact West, go to truckeesprings.wordpress.com.
Across the Truckee River, at the corner of West River Street and Riverside Drive, an old 1.4-acre equipment yard has become the point of focus for the townand#8217;s plans to revitalize the stretch of downtown along the river.
Early town plans for the property have included mixed-development with a public plaza and a pedestrian bridge crossing the river to the Bright property on the other side.
Public suggestions have included making the whole property into a park, or making it the site of a new public library and#8212; a replacement for the small and aging building on Levon Avenue.
The town is currently conducting a feasibility study for the site, expected to be completed later this year.
To learn more, go to http://www.townoftruckee.com and click and#8220;current projects,and#8221; then and#8220;redevelopment.and#8221;