A hotel, a parking garage with a climbing wall, workforce housing and more are on the way to this area of Silverthorne
Description
For the last several years, Silverthorne has been working toward creating a solidified town core area, and the area around Fourth Street continues to emerge as a focus as developers plan new introductions.
A hotel, a workforce housing project, four mixed-use buildings, new commercial spaces and a parking garage with a climbing wall attached are slated to be added to the area near the Bluebird Market and Hotel Indigo. Silverthorne Town Council approved operating plans and budgets for two business improvement districts in the area at a Nov. 12 meeting.
Fourth Street Crossing, which houses Bluebird Market and Hotel Indigo alongside residential offerings, and Fourth North, which will house the new introductions including the hotel and mixed-use buildings, were the business districts to have their operating plans and budgets approved. Arvada-based group Milender White is the developer of both.
Fourth Street Crossing’s website states it looks to make the area “the new heart of downtown Silverthorne.” Offerings from that district began coming online around 2022 and that is also when a site plan that is now coming into fruition for Fourth North was approved.
The construction for what will be the hotel in the Fourth North district is tough to miss when driving down Colorado Highway 9 in Silverthorne as the structure’s already been erected. This will be a Holiday Inn Express, according to the town of Silverthorne. Milender White director of development James Miller told the Summit Daily that this is not a Milender White project.
Miller said the 45,512-square-foot workforce housing project will yield 47 units, including 38 two-bedrooms, six three-bedrooms and three four-bedrooms. The building will have semi-subterranean parking and an exterior courtyard with an outdoor kitchen and turf area for four mixed-used buildings. He said he was unable to comment on who the owner/user of the workforce housing project is.
The Fourth North District’s planned parking garage includes 192 parking stalls and a 65-foot exterior climbing wall. Miller said part of the climbing wall will be located over a stairwell and an elevator lobby and climbers will be able to be seen from the inside of the building. The gross square footage of the structure is 76,830 square feet.
Miller said, in terms of the mixed-use buildings, the residential component of Building A is 15,135 square feet and includes 12 units consisting of two- and three- bedrooms alongside garage space. Building A also has 2,406 square feet of leasable commercial space. Similarly, Building B has 12 units consisting of two- and three- bedrooms and garage space totaling 15,130 square feet. It also has 2,410 square feet. Building C has the most residential units out of the four mixed-use buildings with 26 units and garage space totaling 20,574 square feet. The unit makeup differs from the rest and includes one-bedroom and one-bedrooms with a den space. Building C has the least amount of leasable commercial space out of the four with 1,738 square feet. Building D has 22 units, also consisting of two- and three- bedrooms, with garage space totalling 20,749 square feet. There is also 2,928 square feet of leasable commercial space in Building D. There is another building grouped into this project, Building E, but it is not mixed-use and will feature a stand alone plaza bar building with 1,275 square feet of commercial space with an outdoor patio area.
Milender White development executive Tim Fredregill told council at the Nov. 12 meeting the construction for this portion of the project should be complete around summer 2027.
There are also two commercial spaces included in the plan, one of which is around 1,150 square feet and the other around 595 square feet.
Also at the Nov. 12 meeting, Silverthorne officials granted Milender White an extension to complete the public improvements they agreed to as a part of the project’s approval. Fredregill told council there would be some construction activity for parts of the project commencing toward the end of November.
Many council members acknowledged winter would be a tough time to conduct construction, but showed support for the plans.



