Meadows Apartments, a $25 million project in Craig, will be supported by $2.7 million state grant

By Suzie Romig  | The Steamboat Pilot

Craig Economic Development Manager Shannon Scott is excited that $2.7 million in state funding will assist a 96-unit rental apartment project for attainable workforce housing.

Formerly known as the Woodbury Park Apartments, the overall estimated $25 million project is in the final stages of land procurement for five acres of private, industrially zoned land located south of downtown Craig, Scott said Thursday. In addition to a new location, the project has a new name, the Meadows Apartments.

The overall cost of the housing project is estimated between $25 million and $29 million, said Heidi Dragoo, director of community relations for the Montrose-based, family-owned development company Colorado Outdoors, which is leading the project.

READ THE FULL STORY AT THE STEAMBOAT PILOT