Millions Invested in the Redevelopment of East and West Vail

The hot topic of discussion at Vail’s last council meeting was the new development of the Lionshead Parking Structure.  Both investors felt it was critial to create a second grand entry to Vail.  With development plans for the Ritz-Carlton, west of Lionshead, this only makes sense for guests to feel threre is easy skier access to the mountain, great restaurants, adequate shopping and family activities at both ends of the mountain.

Over a Billion Dollars are being spent on these new developments and renovations of exisiting buildings, with more to come!  Here is how it breaks down:

Completed or Summer 2007 Completion

• Vail Cascade Resort & Spa Remodel- $20 M
• Lionshead Skier Bridge expansion
• Antlers at Vail Remodel - $24 M
• Montaneros Remodel - $3 M
• Middle Creek - 142 rentals - $23 M
• Vail Marriott Mountain Resort - $40 M
• Town of Vail Streetscape Phase I - $10 M
• Vail Plaza Club and Hotel - $70 M
• One Willow Bridge - $100 M
• The Sonnenalp Resort at Vail - $4 M
• Vail Mountain Lodge & Spa - $25 M
• The Tivoli Lodge - $30 M

New Projects to be Completed

• The Cascade Residences
• The Arrabelle at Vail Square -$250 M
• Vail’s Front Door Project - $115 M
• Fours Seasons Resort Vail - $260 M
• Solaris at Crossroads - $170 M
• Ritz-Carlton Residences - TBD
• Manor Vail Resort Penhouses - $65 M
• Lodge at Lionshead - 3.5M
• Timberline Lodge/Condos $25 M

Yes, Vail will never look like the quaint Village it was ever again.  To maintain the status of being the Number 1 Mountain Resort requires change.  Vail will have something for everyone, even the locals.  Why Harry Frampton says he will offer locals membership to the new spa he will build in the new Lionshead structure, that is if his company is awarded the contract.  We can also skate on the two new public ice rinks, bowl, see movies, and dine in the fine restaurants.

Vail will feel like a brand new town, high-end with exceptional skiing and there will be no other town like it in America.  Those who opposed the growth on the basis that it will loose its European and old appeal will see, the tourists will enjoy the change and the locals will profit.

For more information on these new developments, contact Teri Lester, EcoBroker 980–766-2618 or tlester@gatewayland.com

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