Hayden Commercial Site Offering Memorandum

H AY D E N A I R P O R T COMMERCIAL SITE

G AT E WAY T O S T E A M B O AT S P R I N G S

72 ACRES OF COMMERCIAL DEVELOPMENT LAND

H AYDEN, CO

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EXECUTIVE SUMMARY SITEPLAN & PRICING S T E A M B O AT S P R I N G S H AY D E N CRAIG C O N TA C T

EXECUTIVE SUMMARY Northwest Colorado’s premier retail and lodging development site.

72 Acres adjacent to the Yampa Valley Regional Airport, gateway to the world-class ski resort in nearby Steamboat Springs, and centrally located to the communities of Steamboat Springs, Craig and Hayden.

With over 100,000 enplanements annually, the airport brings visitors from multiple metropolitan areas around the country, drawn to skiing, outdoor recreation and hunting in the surrounding area. The site offers a unique opportunity to be the first and last impression seen by visitors, with the option of retail and lodging to accommodate these guests.

Further, Hayden occupies an attractive location for a home store anchor, situated between current stores in Silverthorne/Friso, Colorado and Laramie, Wyoming, and convenient to Steamboat Springs, Craig, Hayden and the extended populations of Routt and Moffat Counties. There is potential to provide a convenient source for home and building products, circumventing the current need to drive ninety minutes to an alternate location. With a tight real estate market and substantial construction and remodel work ongoing, the opportunity is compelling.

Hayden is poised to grow as easily exploited housing in Steamboat Springs severely lags demand. A well-anchored shopping center and motel could form the nexus of a vibrant retail center serving the region.

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H AY D E N A I R P O R T C O M M E R C I A L S I T E H I G H L I G H T S 72 Acres of Commercially Zoned Land

Great Visibility to Airport Passenger Traffic

Flexible Development Standards

Growing Area with a Diversified Economy

Utilities Available Near Site

Opportunity to Create a Regional Center

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SITEPLAN & PRICING

PROPERTY OUTLINE

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OFFICIAL ZONING MAP O

Residential Low Density District Residential High Density District

MHD

Mobile Home Residential District

CBD

Central Business District Light Industrial District

I-2

Industrial District

Building Height

" ) 185

" )

" )

51B

Y Regampa ion Vall al A ey irpo rt

37

" ) 59

HEIGHT

Ya m All rights reserved, Town of Hayden, Colorado. No part of this document or data contained hereon may be reproduced; used to prepare derivative products; or distributed without specific written approval of the Town of Hayden, Colorado. This map was prepared from the best data available at the time of printing. Parcel ownership lines are derived from Routt County Geographic Information System Department’s mapping for the area in and around the Town of Hayden. The Town of Hayden, Colorado makes no claim as to the completeness or accuracy of the data contained on the base map.

BUIDING FORM

Planned Unit Development Overlay District Co Rd 59

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Commercial

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Open District

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Airport Overlay District

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ZONING DISTRICTS AO

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yR REVISION LOG e DATE 2/17/2005 2/17/2005 7/21/2005 7/21/2005 11/17/2005 4/5/2007 9/20/2007 10/1/2007 4/3/2008 7/17/2008 2/5/2009 2/5/2009 8/22/2011 9/20/2012 9/20/2012 8/1/2015 6/16/2016 6/16/2016 6/12/2017

gioACTION na557 Ord. Ord. 558l A Ord. 565 Ord. 566 Ord. 570 Ord. 584 Ord. 589 Ord. 591 Ord. 600 Ord. 607 Ord. 620 Ord. 621 Ord. 642 Ord. 650 Ord. 652 Revamp Map Ord. 672 Ord. 673 -

OTHER STANDARDS

Zoning district boundaries are intended to be property ownership lines or lot lines; centerlines of streets, alleys or extensions thereof; channelized waterways or similar rights-of-way; the centerlines of blocks, sections or township lines; town corporate boundaries, the centerlines of stream beds; or other lines drawn approximately to scale on the Official Zoning Map.

" )

In the event that a zoning district boundary is unclear or is disputed, it shall be the responsibility of the Town Manager to determine the intent and actual location of the zoning district boundary.

53

35’ max

All rights reserved, Town of Hayden, Colorado. No part of this document or data contained here on maybe reproduced; used to prepare derivative products; or distributed without specific written approval of the Town of Hayden, Colorado. This map was prepared from the best data available at the time of printing. Parcel ownership lines are derived from Routt County Geographic Information System Department’s mapping for the area in and around the Town of Hayden. The Town of Hayden, Colorado makes no claim as to the completeness or accuracy of the data contained on the base map.

0

750

TYPE Annexation & Zoning

Annexation & Zoning irp Annexation ort Rezone& Zoning Annexation & Zoning

Rezone Annexation & Zoning Annexation & Zoning Zoning Annexation & Zoning Annexation Zoning Rezone Annexation & Zoning Annexation & Zoning Entire Map Annexation Zoning Rezone

BUILDING I INTENSITY 1,500 Feet

Lot Coverage Floor Area Ratio

DESCRIPTION County Fairgrounds Berwick, Skate Park, etc.

Frith Lake Village Dry Creek Village 155 N. Maple X-West Cannon Precision Excavating Williams “D” Hayden Regional Commerce Park Hayden Regional Commerce Park Deepe Rezoning Hayden Heritage McCarty Update Zone Categories McCarty McCarty 2010 Pero Subdivsion Rezoning

Co Rd 51C

No min No min

SETBACK

Distance from Property Line

Per side

25’ max

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L AY O U T O F S I T E

PROPERTY DESCRIPTION PROPERTY SUMMARY Parcel Size: Max Height:

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72 acres 35’

DESIGN TEST FIT Total Square Feet: Saleable Sq. Ft.: Parking:

3,136,320 518,310 2,913 spaces

SITE PRICE SUMMARY

TEST FIT PRICING

SUMMARY LAND SIZE ACRES LAND SIZE SF

MAX HEIGHT MIN LOT COVERAGE

PRICING

72 3,136,320

35’ none

$5,500,000

TOTAL SQ. FT.

PRICE/GROSS SQ.FT.

SALEABLE SQ. FT.

PRICE/SALEABLE SQ. FT.

3,136,320

$1.75

518,310

$10.61

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STEAMBOAT SPRINGS

ST E A M B OAT OV E RV I E W Steamboat Springs is a unique mountain town with a vibrant

2004

community that is active year-round. The small town continues to be one of the top ranking mountain towns in Colorado, sitting

Steamboat Ski Area urban renewal authority formed

at 6,700’ in the Rocky Mountains,

2007

Steamboat Springs is one of Colorado’s most beloved mountain

Sale of Steamboat Ski Resort

towns. Founded in 1900, Steamboat was first home to cattle ranchers who named the town after the famous hot springs.

2008

Today, the city still honors its American west heritage with

Ski Time Square & Apres Ski Way roundabouts completed

annual rodeos and western clothing shops in historic downtown Steamboat. In addition to paying homage to its roots, Steamboat

2009

Springs offers world renowned skiing and is overflowing in yearround activities and festivals. With the Yampa River flowing

One Steamboat Place, Edgemont, Howelsen Place, Olympian, and Alpenglow offer higher quality residences at Base Area and Downtown

through the city’s heart, and the Medicine Bow-Routt National Forest to the east, Steamboat Springs is truly a gorgeous town

2012

that embodies Colorado mountain culture.

For the future, Steamboat Springs is committed to investing in

2013

its experience for residents and tourists. From 2007 to 2018

Promenade and Burgess Creek daylight project completed

$20,000,000 milestone for capital improvements reached

Downtown Steamboat has seen unprecedented private and public investment. With new ski area ownership, Steamboat is the next great Colorado mountain town.

2018

Alterra purchased Intrawest, Downtown improvements complete, 16 new restaurants, expanded direct flights, new IKON ski pass offered

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In recent years, more and more people are

TOP RANKING TOWN

discovering Steamboat Springs in whole new ways. In 2018, Steamboat Springs made many lists for top ranking towns.

STEAMBOAT SPRINGS SCHOOLS RANKED SECOND Steamboat Magazine, April 2018

The public-safety focused organization BackgroundChecks.org recently announced their 2018 rankings of the top school districts in Colorado. The Steamboat Springs School District placed second in the state. Schools were ranked based on math and reading test scores, dropout rates, school funding and area poverty rates.

“The 2016-17 scores and awards continue to acknowledge the excellence in teaching and learning that has become the expectation

T WO OF NATION’S TOP THREE ‘BEST SMALL TOWNS TO VISIT’ ARE IN COLORADO Denver Business Journal, July 2018

and standard that takes place in our classrooms on a daily basis,” says Marty Lamansky, director of teaching and learning for the

According to the new U.S. News Report list, Telluride is the nation’s

Steamboat Springs School District.

top small town to visit and Steamboat Springs is No. 3. Jackson Hole, Wyoming is No. 2 and Sedona, Arizona is No. 4... Steamboat Springs “offers excellent ski conditions, a community of friendly

STEAMBOAT RANKS #3 IN ‘BEST PLACES TO TAKE SUMMER VACATION’ CBS Denver, April 2018

locals and geothermal hot springs that are perfect after a long day spent on the slopes. Travel to Steamboat in the spring or summer to enjoy the Yampa River Botanic Park’s flora and free concerts. Or,

US News ranked the Colorado town as number three on the list of

take the kids on a mountain coaster ride or kayaking and swimming

the best places to take a summer vacation.

in the Colorado River.”

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S T E A M B OAT S K I R ES O RT ST E A M B OAT S K I R ES O RT

Alterra Mountain Company purchased the Steamboat Ski Area in 2017, and Steamboat is primed for a whole new era of

S T E A M B OAT S K I R ES O RT

skiing.

With the purchase, Steamboat has Ski been in the Alterra Mountain Company purchased the Steamboat Areaincluded in BASE Ikon Pass and Alterra hasforalready announced multiple base 2017, and Steamboat is primed a whole new era of skiing.

With

Major Ski Resort Improvements Final approval for ski area expansion completed

AREA RESTAURANT RENOVATIONS 40% capacity increase

area investments, including a new in 2019 and a new the Mountain purchase, Steamboat has the been included in the Ikon Pass and Alterra Company purchased Steamboat Skigondola Major Ski Resort Improvements The base

area restaurant has been completely transformed into New, faster gondola in 2019/2020 season Alterra has opened already announced multiple base area plans investments, recently restaurant.

Expansion underway include Final approval for ski area expansion completed the new Timber & Torch. Renovations include expansion of indoor skiing. With the purchase, Steamboat has been included in the lift could reach 355 acres that are2 currently only a including a new gondola inannounced 2019 and a new recently opened new and 355 additional ski acres.

The Ikon Pass 40% capacity increaseis valid seating New to seat 290 people, new outdoor heated patio, indoor/ Ikona Pass andlift Alterra has already multiple base through backcountry gates area investments, including a new gondola inStates 2019include and and a new restaurant.

Expansion plans underway a new lift faster and 355 at 38 resorts in the United across the world. outdoor bars, and installation of an exterior fireplace and outdoor BBQ. New, gondola in 2019/2020 season Area in 2017, and Steamboat is primed for a whole new era of

recently opened restaurant. Expansion plans underway include

additional ski acres. The Ikon Pass is valid at 38 resorts incould the reach 355 acres that are currently only accessible New lift

a new lift and 355 additional ski acres. The Ikon Pass is valid at 38 resortsStates in the United States and United and across the across world.the world.

through backcountry gates

In addition to the base area restaurant renovations, the resort is

Base area Restaurant Renovations

adding a new food truck concept. Taco Beast will be a “slopeside”

Base area Restaurant RenovationsThe base area restaurant has been completely transf food truck, an on-mountain, roaming snow-cat serving street tacos, The base area restaurant has been completely transformed

into the new Timber & Torch. breakfast burritos, and Mexican-style beer. Renovations include ex

into the new Timber & Torch. Renovations include expansion of

seating indoor seating to seat 290 people, newindoor outdoor heated patio, to

seat 290 people, new outdoor heat

2 indoor/outdoor bars, and installation of an exterior fireplace and outdoor BBQ.

2 indoor/outdoor bars, and installation of an exterio and outdoor BBQ. MAJOR

In addition to the base area restaurant renovations, the resort

SKI RESORT IMPROVEMENTS

is adding a new food truck concept. Taco Beast will be a

Inroaming addition to the base for area restaurant renovations, Final approval ski area expansion completed “slopeside” food truck, an on-mountain, snow-cat serving street tacos, breakfast burritos, Mexican-style isand adding a new beer.

t

food truck concept. Taco Beast will

“slopeside” food truck, an on-mountain, roaming sno 40% capacity increase

serving street tacos, breakfast burritos, and Mexican beer.

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New, faster gondola in 2019/2020 season

New lift to reach 355 acres, currently only accessible through backcountry gates

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S K I I N G AT ST E A M B OAT S K I I N G AT S T E A M B OAT

It is no secret that Colorado is known for its iconic skiing and snowboarding.

Every year, people travel from all over the country to experience a one of a kind

S K I I N G AT S T E A M B OAT

It is no secret that Colorado is known for its iconic skiing

skiing experience offered by the Rocky Mountains. With this kind of reputation, and snowboarding. Every year, people travel from all over

it seemsthe only fittingtothat several aColorado including Steamboat country experience one of a ski kindresorts, skiing experience offeredItbe by the RockyonMountains. kindfor ofski reputation, it Ikon Pass. isincluded no secret that isthis known its iconicThe skiing Resort should thisColorado year’sWith most popular pass; seems onlysnowboarding. fitting that several Colorado ski resorts, Every year, people travel including from all over The Ikon Passand offers skiers and snowboarders an experience of a lifetime with Steamboat Resort should be included on this year’s most the country to experience a one of a kind skiing experience access to the Rocky Mountain’s unique terrain.

The pass features resorts popular ski pass; Ikonmost Pass.

The Ikon Passthis offers offered

by The the Rocky Mountains.

With kindskiers of reputation, it in California, Colorado, Utah, British Vancouver and more, making and snowboarders an experience of a lifetime with to including seems only fitting that Columbia, several Colorado skiaccess resorts, the Rocky Mountain’s most unique terrain.

Thewant. pass features it the perfect way to ski where you want,be when you Starting this year Steamboat Resort should included on this year’s most resorts in California, Colorado, Utah, British Columbia,

popular ski pass; The Ikon Pass.

The Ikonwith Pass offers skiers Steamboat’s ski pass was upgraded to the IKON Pass over 30 destinations Vancouver and more, making it the perfect way to ski where and snowboarders an experience of a lifetime with access to across world, which opens new world of potential for Steamboat Springs. you want, when you a want. the Rocky Mountain’s most unique terrain. The pass features resorts in California, Colorado, British Columbia, Starting this year Steamboat’s ski pass Utah, was upgraded to the Vancouver and more, making it the perfect way IKON Pass with over 30 destinations across world, whichto ski where want, when you want. opens you a new world of potential for Steamboat Springs.

Starting this year Steamboat’s ski pass was upgraded to the IKON Pass with over 30 destinations across world, which opens a new world of potential for Steamboat Springs.

165 165 trails trails

349349” inches165

trails annual annual snowfall snowfall

349 inches

annual snowfall

2,965 2,965 acres acres

2,965 41,026 people 41,026 acres

per hour capacity people/hr capacity

57

41,026 people per hour capacity

57 17

T R AV E L TO ST E A M B OAT S P R I N G S DIRECT FLIGHTS With direct and private jet flights to Yampa Valley Regional Airport, and continued improvements to the highways, getting to Steamboat Springs has never been easier.

YAMPA VALLEY REGIONAL AIRPORT Located 22 miles west of Steamboat Springs

Daily non-stop commercial flights from 15 major airports

Major carriers: Alaska, American, Delta, JetBlue & United

Major expansion of private jet facilities underway

YAMPA VALLEY REGIONAL AIRPORT Yampa Valley Regional Airport has been working on several improvement projects

STEAMBOAT SPRINGS AIRPORT

and has seen a dramatic increase in operations. Airline passenger growth has

3 miles west of Downtown Steamboat Springs

private jet operations have increased by 11% during the same period. The airport is

increased by 8% during the 2018-2019 ski season compared to the previous year, plus also building or has completed $13.5 million in renovations to the terminal, parking,

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Serves private, recreational, corporate &

and FBO facilities in anticipation of continued growth in demand. With all the growth,

business airplanes / helicopters

there are several new direct flights including Boston, Ft. Lauderdale, and Long Beach

Highway 9 to get to town.

There has been dramatic improvements made to the roadways to Steamboat

T R AV E L TO ST E A M B OAT S P R I N G S

Springs. State Highway 9 is finishing

FROM DENVER TO STEAMBOAT SPRINGS up repairs in 2018 and wildlife and

safety improvements been Steamboat Springs is abouthave a 3 hour drive recently northwest of Denver through the Rocky completed making the route anMountains, easy, taking Interstate beautiful drive. 70 to Highway 9 to get to town.

There have been dramatic improvements made to the roadways to Steamboat Springs. State Highway

Denver to Steamboat springs 9 is finishing up repairs in 2018 and wildlife and

Steamboat Springs is about a 3recently hour completed safety improvements have been drive making northwest of Denver throughdrive. the the route an easy, beautiful Rocky Mountains, taking Interstate 70 to Highway 9 to get to town.

There has been dramatic improvements made to the roadways to Steamboat Springs. State Highway 9 is finishing up repairs in 2018 and wildlife and safety improvements have been recently completed making the route an easy, beautiful drive.

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HAYDEN & CR AIG

H AY D E N FA C T S avg. commute time 24.9 minutes

approx. 1,022 employees

1,794

current population of Hayden

147

retail

$ 2 0 7, 9 0 0 median property value

$55,104

median household income

22

106

construction

115

services

CRAIG FACTS avg. commute time 20.4 minutes

approx. 4,039 employees

8,903

current population of Hayden

634

retail

$161,600

473

construction

582

services

median property value

$49,831

median household income

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C O N TACT

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C O N TACT FROM DENVER TO STEAMBOAT SPRINGS Steamboat Springs is about a 3 hour drive northwest of Denver through the Rocky Mountains, taking Interstate 70 to Highway 9 to get to town.

There has been dramatic improvements made to the roadways to Steamboat Springs. State Highway 9 is finishing up repairs in 2018 and wildlife and safety improvements have been recently completed making the route an easy, beautiful drive.

CHRIS SIAS & THE PAOLI GROUP 970.819.5543

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C O LO R A D O G R O U P R E A LT Y 5 0 9 L I N C O L N AV E N U E S T E A M B OAT S P R I N G S , C O LO R A D O

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