Developer Vincent Criscione says he believes in both sustainability and affordable housing. His proposed project has both.
Criscione, the owner of Crisco Development LLC, wants to build a mix of affordable and market-rate housing units at 2400 W. Rasmussen Road. The development — which would have commercial space, including a daycare — would be sustainably built and operated and all electric under his plan.
In a presentation to the Summit County Housing Authority on June 15, Criscione described the 23-acre site as beautiful and pristine, with a Basin Recreation trailhead and trail along the creek and a view of the mountains.
“It’s such a great location for any housing to have that be your backdrop,” he said.
Criscione, who developed Lincoln Station Apartments at 670 Bitner Road in Park City, asked the board for feedback on his proposal. He is seeking a letter of support for the project before going to the Snyderville Basin Planning Commission with a rezoning request and then eventually to the Summit County Council.
Board members said they want more details about the project before making a decision on a recommendation.
The proposal calls for 108 affordable and market-rate apartments for rent on 6 acres on the east side of the property. The nine studios, 45 one-bedroom units and 54 two-bedroom units would be in three buildings. A clubhouse, a gym, 293 parking stalls and the 10,000-square-foot Mountain Sprouts Children’s Center would be on this part of the site.
The number of apartments that would be affordable has not been determined yet.
A 5-acre parcel on the west side of the project site would have 60 condominiums in five buildings and 124 parking stalls. The two-bedroom units would be available for sale for approximately $400,000 to buyers who make no more than 80% of Summit County’s average median income.
The east side amenities would support the west side, which would be developed first.
The development site is on the north side of I-80 between Summit Self Storage and RV Resort above East Canyon Creek. Kimball Junction with all of its services — a grocery, gas station, post office, shopping restaurants and a transit center, among others — is 1 mile away. An I-80 overpass is a half mile away and Whole Foods and Walmart are a six-minute bike ride away.
Residents would be close to everything they need, which makes the location a good place for higher density affordable housing and reduces driving and greenhouse gases, Criscione said.
Criscione, who has lived in the Park City area for 30 years, is working with three affordable housing programs to help with the project, including one that provides assistance with down payments. He likely needs to begin construction of the development next spring because one of the programs sunsets in a few years, he said.
“I have to get things through in a very expeditious manner,” Criscione said.
There have been at least two previous plans to build a mixed-use project at the site but they did not come to fruition.