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Summit County real estate transactions for the 4th week of June 2021

Summit County real estate transactions for the 4th week of June 2021
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2020 town sales tax reports show slight increases in overall business revenue

December sales tax reports from Breckenridge, Frisco, Dillon and Silverthorne provide insights into business trends in each town for both the month of December, which is typically a busy time of year for Summit County, as well as 2020 as a whole. Despite COVID-19 restrictions that were tough on businesses, Dillon, Silverthorne and Frisco reported slightly higher total sales tax revenue in 2020 compared to 2019, while Breckenridge saw a decline. However, in December, only Silverthorne and Frisco reported an increase in year-over-year sales tax revenue. In Dillon, sales tax revenue was down about 1% in December 2020 compared to December 2019. However, the town finished the year slightly up in sales tax revenue with an increase of about 0.2% compared to 2019, thanks to a profitable summer and early fall.

Preliminary site plan approved for Fourth Street North, an extension of Fourth Street Crossing

Rendering from Milender White presentation to Silverthorne Town Council A preliminary site plan for Fourth Street North, an extension of Silverthorne’s Fourth Street Crossing development, was approved unanimously by Silverthorne Town Council at last week’s meeting. Plans for Fourth Street North are taking place as construction continues at Fourth Street Crossing. Fourth Street North is proposed to include a hotel; mixed-use buildings with retail, restaurant and service space; residential units including workforce housing; and a central plaza with a commercial building, outdoor seating and a climbing wall. The proposed development includes two mixed-use buildings along Fifth Street, a four-story parking structure with 190 spaces along Adams Avenue, and another mixed-use building that will include parking, commercial space and residential units on Adams Avenue.

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