Granby board gives final approval to sprawling Sun Communities RV resort development
April 11, 2018
It's finally official.
Granby's long negotiations with Sun Communities for a future RV park development drew to a close Tuesday night after the final approval of a slew of action items during the town's board of trustees meeting concluding a two-year process that started with the purchase of the Shorefox property in spring 2016.
"It is tremendously exciting and rewarding to see this vision realized," Granby Mayor Paul Chavoustie told Sky-Hi Wednesday morning. "This was a leap of faith. We calculated a lot. But it is wonderful to see it all come together and I truly believe it is in the best interests of the community."
After Tuesday's meeting, Sun Communities is now the official owner of roughly 300 acres of land on the Shorefox property. The final closing date of the sale will be 30 days from next Thursday.
The town purchased the original 1,500-acre Shorefox property for $4.5 million in 2016 and has sold the 300-acre segment to Sun Communities for a total of $5.25 million. According to town officials, Sun Communities plans to spend somewhere between $50 and $80 million on the future RV park, to be called River Run Ranch.
Tuesday's approval of the final development plan and plat for River Run Ranch, which is the name of the development, included a series of nine agreements between Sun Communities and the town regarding the future development. Those agreements covered a host of topics ranging from a purchase agreement for a future tubing hill to a tax shareback agreement for sales and use taxes accrued from the property.
The board also approved several amendments to the town's codes and rules governing the Shorefox property, recognizing the new ownership of portions of the property by Sun Communities. The board approved all elements of the Sun Communities negotiations unanimously during the public meeting, which followed a lengthy executive session earlier in the evening.
"We look forward to a great project," said Tom O'Branovic, Sun Communities executive vice president of RV resorts, after the board approved the final agreement.
Town officials said Sun Communities stills has to obtain construction permits and other requirements before work on the project can begin, but the company expects to break ground sometime this summer. Construction on the property will likely continue through 2019 with a resort opening date anticipated sometime in 2020.
The final approval of the River Run Ranch development Tuesday did not include Sun Communities's plans to build a workforce and attainable housing development on the property, which will be earmarked for future employees of the RV park as well as attainable housing units for local residents. That issue is expected to go back before the Granby board for continued discussion in the next few months.
"I think this is a quality project, and it is smart growth," Granby Town Manager Aaron Blair said. "We are preserving and protecting the bulk of the property for the uses we want to see but it will also have enough density for the development to occur. It is a win-win and I think we will see a huge impact to the town."