- July 28, 2021
- Posted by: Stratford Team
- Category: Business
Aspen City Council on Tuesday approved a $2.9 million contract with an architecture and engineering design team to move the Lumberyard affordable housing project forward at the Aspen Business Center.
A portion of the contract, for $695,728, was approved for the Montana-based Cushing Terrell to help the city in schematic design and land use application support for as many as 300 units on the city-owned, 10.5-acre parcel.
Cushing Terrell will join the city’s Lumberyard team, which includes DHM Design, a land planning consulting firm and Connect One Design, which has helped with community outreach, among other tasks.
The city paid $30 million for the property where the workforce housing will be built, and the project is estimated to cost $330 million.
Council is following the direction of previous elected boards in accelerating the project due to the housing shortage crisis in the valley, particularly in Aspen, and is aiming…