Town of Minturn’s Resort Development Project Moves Forward
Developer Bobby Ginn's request to annex 5300 hundred acres into the Town of Minturn for a resort development that will include a private ski area and golf course moves forward
The talk in Minturn, Colorado these days is the annexation of a 5300 acre piece of property located just south of the existing town for a resort community that will consist of eight hundred residences, a private ski area and golf course.
Because of the lands proximity to the back side of Vail ski area, this property was the battle ground for a ten year ownership dispute between Gilman Mining Company and an entity held by Vail Resorts, Turkey Creek Partners. Eventually Gilman Mining Company was victorious in the suit and was awarded the property. They then sold it to Florida developer, Bobby Ginn. Since the purchase, he has been on the fast track with development plans for 800 plus residences, a private ski area and a golf course.
The project is not without challenges as part of the property includes a once superfund clean-up site from mine tailing pollution and there are several mines that still exist on the property that will have to be secured.
There is also the challenge of annexation into the Town of Minturn which could take eighteen months to two years. This will mean the town and developers will both have to increase local staffs for the dozens of meetings that are forcasted during this process.
The outlook, however, is favorable and the interest in tax and resort tourism revenues generated by the project, severe. So severe, that the Eagle County Commissioners have already offered their expertise for a piece of these revenues…"gee, thanks guys". Minturn will most likely decide to proceed with the annexation without help from the county…and will do just fine as the mining town has always been scrupulous in their decision making.
The project itself promises to be a winner as the demand for more exclusive resort locations close to the Town of Vail has reached an all time high. Also, having personally hiked the Turkey Creek, Battle Mountain, Gilman and Tigawon terrain, I can personally attest to the natural ruggedness and beauty of this north facing mountain side. The views to the Sawatch Range and Holy Cross Mountain are right in your face and their are down valley views to Beaver Creek and beyond. You also have canyon views to the Eagle River located over a thousand feet below…quite dramatic.
Watch our "New Vail Valley Developements" briefing located on the right of this page for daily updates on the progress of the Minturn Annexation.
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