Fraser’s new mixed-use development to provide workforce and attainable housing, plus walkability
Byson Investments/Courtesy photo
If you have driven by Fraser Valley Distillery on U.S. Highway 40 lately you may have noticed two new three-story buildings being constructed. The buildings are part of Byson Development’s new mixed-use development project called Koselig on Main that is nearing completion. Koselig, which is Norwegian for the feeling of warmth you get from a community, offers stylish, attainable housing with four retail spaces on the ground floor.
Not only does Koselig feature some of the only glass-fronting retail in Grand County, but it also aims to provide walkable connectivity to the town, Fraser River and the transit system. There are a total of 20 units comprised of one-bedroom, two-bedrooms and three-bedrooms, which will be ready for move in by mid-November for one year leases. Two of the units are deed restricted to 80% of Area Median Income, and the main tenant must work at least 30 hours a week in Grand County.
The apartments, located at 406 Zerex St., provide easy access to The Lift (a bus stop is less than 40 feet away), proximity to the bike path and it’s only a three-minute walk to the train station.
The connectivity of the project will help with the Town of Fraser’s efforts to create a high-density, walkable mixed-use neighborhood that integrates downtown with the Fraser River, while generating economic revitalization. Fraser’s Board of Trustees recently rezoned portions of downtown as a Riverwalk District, which requires ground-floor commercial use for some properties located on the highway and Clayton Court. The new district also comes with affordable housing restrictions, and businesses such as repair shops and outdoor storage, are now conditionally permitted.
Kevin Rifkin, who is a managing partner with Byson, says that they wanted to build more than the typical workforce housing by providing luxury, attainable accommodations tenants could take pride living in. The design of the project is also about building a sense of community, hence the name Koselig on Main.
“Byson worked closely with the Town of Fraser to deliver something that would transform the town,” Rifkin stated in an email to Sky-Hi News. “Another ask (from Fraser) was to have this be the start of ‘main street.'”
Rifkin explains that the whole project is surrounded by 8-foot sidewalks that connect to other parts of Fraser. The town and Byson also worked together to create a park that will be in the center of Koselig, ensuring connectivity between tenants and downtown.
The apartments feature large outdoor patios with storage units that can fit up to six mountain bikes, oversized soundproof windows, in-unit washer and dryers, new stainless steel appliances, high-speed fiber internet and views from every window.
“This project creates a sense of community that was missing from this downtown area,” Rifkin said. “Our architect, Outlier, and Peter Nelson designed the property to facilitate connection with your town and neighbors while playing up the natural beauty of the site and surrounding area.”
Tenants will also enjoy the convenience of having a coffee shop, lounge and two other retail businesses located just steps away from their door. Byson says they were able to attract local, diverse retail businesses by offering below-market rent and a location that will likely attract more customers.
Rifkin added, “We hope that while this provides not only the highest quality places to live for people who work and live in Grand County, new dining, retail, and commercial activities, a fresh place to gather, but more so the start of a true, walkable, and attractive downtown district for the members of Grand County and anyone visiting.”
While most of the units are already leased to employees living in Grand County, there are still five units available, plus one deed-restricted unit open (at the time this was written). Anyone interested in leasing should contact Rifkin at 303-946-2757 or email kevin@byson.io.
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
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The developers of Koeslig on Main in Fraser are calling the apartments attainable luxury. The units will be ready to move in by mid-November.
Byson Investments/Courtesy photo
Tara Alatorre is the editor of Sky-Hi News. You can reach her at 970-557-6031 or talatorre@skyhinews.com.
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