Peaceful Pines at Elkhorn Ridge development agreement
Summary
About 25 acres of new housing east of the existing Peaceful Pines Senior Living — townhomes, single-family lots, and a 98-unit apartment building. It advances to City Council with a development agreement covering phasing and parks.
At a glance
- Total mentions
- 7
- Last 30 days
- 0
Last discussed May 18, 2026.
Impact analysis
New sewer allocation purchases from Elkhorn Ridge and public infrastructure construction will be covered by the developer under a development agreement.
Future renters and homebuyers get new housing options in a growing corridor.
Residents who question whether the rents will actually be affordable to local workers, and overlapping taxing entities during the TIF period.
Mentions & discussions (7)
City Council - May 18, 2026
The city finalized its deal with the developer of a 28-acre, 60-lot plus 98-unit project near Exit 17, including an $58,000 city cost share to widen the St. Onge Road path to 10 feet. Residents questioned park land dedication and whether TIF 10 dollars double-cover the rec path.
City Council - May 13, 2026
The final buildout of Elkhorn Ridge includes utilities, roads, stormwater, a developer-owned park plan and a third-of-a-mile recreation path. Staff wants the city to pay about $58,000 (20%) to widen the path to 10 feet to match regional trail standards.
City Council - May 4, 2026
The council created a new TIF district and approved a plan letting the developer recoup up to $2,051,432 for a 98-unit apartment project, with rents capped for ten years. Critics say the state's income math makes the 'affordable' rents unaffordable for many Spearfish locals.
City Council - Mar 16, 2026
The developer of a 94-unit apartment complex at Peaceful Pines can now build roads, utilities, and the apartments at the same time — saving money and getting rentals ready sooner. No one moves in until the city accepts the infrastructure, and a 120% bond backs the work.
City Council - Feb 25, 2026
A big addition near Elkhorn Ridge — 98 apartments, 54 townhomes, 10 single-family lots — goes to public hearing Monday. Streets will be dedicated to the city; a park area with a dog park stays under private easement maintenance.
Planning Commission - Feb 17, 2026
About 25 acres of new housing east of the existing Peaceful Pines Senior Living — townhomes, single-family lots, and a 98-unit apartment building. It advances to City Council with a development agreement covering phasing and parks.
Planning Commission - Feb 3, 2026
A 98-unit apartment building plus townhome and single-family lots near St. Onge Road and Highway 85. Traffic on two-lane St. Onge Road and missing bike/ped connections to downtown are open concerns; a roundabout project at the Highway 85 intersection is expected in 2027.
Related development
Peaceful Pines at Elkhorn Ridge
Could speed up tax-increment returns by letting housing start early, and adds a 10-foot trail segment connecting toward the regional path network.
Peaceful Pines Phase 2 Development Review District Concept and Final Plan
Roughly 160+ new housing units on the city's growing northeast side, with construction possibly starting this spring.
The Pines at Elkhorn Ridge TIF District / affordable housing development
Adds 98 rental units with income-based rent caps, a multi-use trail connecting Colorado Boulevard to the St. Onge trail, and new infrastructure — but some residents argue the rents won't be affordable for typical Spearfish incomes.
Peaceful Pines Phase II Special Exception
Adds significant housing stock east of Elkhorn Ridge with public streets dedicated to the city and a dog park/green space maintained by easement.
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