 |
After more than twenty-five years of down valley development, including the creation of Beaver Creek, Bachelor Gulch, Arrowhead, Cordillera and Mountain Star, the market has made a 180 degree turn and returned to Vail. Now mid-way through our widely acclaimed billion dollar renewal, the Town of Vail will never be the same. Sales continue to be very strong, price points are rising, and with construction proceeding quickly, the "landscape" of Vail is changing quickly. I often share with my clients that, if they were to put on a blindfold today and remove it in five years, they will not recognize Vail and Lionshead! A quick glance at the many new developments highlighted below will make this all-the-more apparent. I encourage your call should you wish to discuss these new developements in greater detail.
|
The Willows of Vail
The redevlopment of The Willows of Vail represents one of the most attractive whole ownership opportunities available in Vail Village. Located in Bishop Park at the base of Vail Mountain, and perhaps a two minute walk to the Vista Bahn and the heart of the village, The Willows enjoys a truly superlative location. The design is very much in keeping with Vail's traditional mountain architecture, something many potential buyers feel is missing in some of the other new developments in town.
Scheduled to begin construction in Spring of 2007, the project consists of 19 total residences. Eight fractional units have all been spoken for. Eight of the nine whole ownership properties are currently available, ranging from a single two-bedroom of approximately 1,385 sf, up to four-bedroom residences of over 2,800 sf. Also included in the project is front desk service, underground parking and an outdoor spa area.
Prices begin at $2.8 million ($2,022/sf) and range up to $7.2 million ($2,560/sf). Based on other recent Vail Village sales comparables, along with a beautiful new building in an unparalleled location, these prices represent excellent long term value.
|
|
|
Gore Creek Place - Lionshead
Part of Vail Resorts' "Vail's New Dawn" initiative and featuring 16 luxury residences, each offers south-facing views across the Gore Creek to Vail Mountain. A beautifully landscaped, snowmelted pedestrian walkway to the north is free of motorized traffic. The elegantly-designed creekside homes are just a short walk from the Eagle Bahn Gondola and complement the continuing European-inspired designs of other projects in the area.
The project quickly sold out at prices of $1,000 sf. Two resales are under contract for close to $1,300 sf, and the properties are not yet complete!
|
|
|
Forest Place - Lionshead
Forest Place is a private, gated enclave of 4 magnificent single family homes situated along the Lionshead skiway and Gore Creek. Owners will enjoy big views of the surrounding mountains and newly renovated Vail Square. Club membership option is available to the new Arrabelle spa upon closing.
The first two homes, listed at $12,900,000 (appx $1,097) and $13,900,000 (appx $1,291/sf) have been placed under contract, with delivery scheduled for 2006/2007. The remaining two residences are offered at $12,900,000 and $16,900,000.
Given their perfect locations, beautiful architecture and special views, these are sure to become four of Vail's most highly treasured single family residences.
|
|
|
Ritz-Carlton Residences - Lionshead
107 residences to be located on the western edge of Lionshead, adjacent to the newly proposed ski lift
The Ritz Residences will include two, three, four, five and six bedroom properties and will be priced from around two million to over six million dollars.
The quality of construction and finishes promises to be opulent and of "Ritz Quality".
Building amenities will include a heated year round pool, a private spa and treatment center, a fitness center, storage lockers, ski lockers, ski valet and if approved, a high speed chairlift that will take you half way up Lionshead to the base of Chair twenty-six.
Ritz-Carlton's first venture in Vail Village
|
|
|
Arrabelle at Vail Square - Lionshead
Wildly successful redevelopment of the Lionshead core, directly adjacent to the Gondola and Eagle Bahn Express chairlift.
Arrabelle at Vail Square has replaced the old Sunbird Lodge and the Gondola Building. It will include a 36-room Rock Resort luxury hotel, 67 condominiums, restaurant and retail space, as well as a public plaza that will serve as a community gathering place in the summer and an outdoor ice rink in the winter.
|
|
|
Tivoli Lodge - Vail Village
Complete rebuilding of one of Vail Village's most venerable lodges.
Construction completed summer 2006.
|
|
|
Vail Mountain View Residences on Gore Creek
The Mountain View Residences on Gore Creek will be built where the existing Apollo Park building currently stands. Preliminary plans include six large penthouses, twelve three bedrooms and six luxury one bedroom properties. The architect is world famous Gordon Pierce and the building promises to deliver the utmost in quality and scenery.
Scheduled for delivery in 2008. Prices are appx $1,700 sf.
|
|
|
Vail Mountain Lodge
One of Vail Village's first redevelopment projects.
Fractional and whole ownership properties are sold out.
|
|
|
Sonnenalp Resort of Vail - Vail Village
The Sonnenalp Resort of Vail has completed a new wing of their resort which includes 40 new hotel suites. A new underground parking structure has been developed in conjunction with the new wing.
|
|
|
Solaris / Crossroads Redevelopment - Vail Village
Another core piece of the renewal of Vail Village
The Crossroads redevelopment project will replace structures built in the 1970's with a new building containing 75 residential condominiums, 60,000 sq. ft. of retail/restaurant space, a new half-acre public plaza with winter ice skating and summer "pop-jet" interactive fountain, underground parking, three high-end stadium seating movie theaters and a 10-lane bowling alley/arcade/sports bar. The project also features extensive streetscape improvements in all adjoining public streets and $1.1 million in public art improvements.
The project has served as a "lightening rod" between the so-called "old guard" of Vail and those who express their desire to see the village move forward. A special election is scheduled for July 11, 2006 for final approval by town of Vail voters, Stay tuned for the outcome!
|
|
|
One Willow Bridge Road - Vail Village
One Willow Bride Road is a luxury private residence club located in Vail Village offering 22 new two-, three- and four-bedroom residences, available for whole or fractional ownership. Resort management services will be provided by the world- famous Sonnenalp Resort of Vail. Amenities include concierge and valet service, underground heated parking, on-mountain ski lockers and access to all guest services at Sonnenalp. New retail space is also planned as part of the development.
|
|
|
Vail Plaza Club - Vail Village
The Vail Plaza Club is one of the first pre-construction fractional ownership real estate offering in Vail Village in 43 years.
Located on the site of the former Village Inn, on the southeast side of the main Vail roundabout.
Owners can purchase a fee simple deed to weeks that best suit their needs, i.e. what you want, when you want it, with no confusing rotating weeks, etc.
Deeded ownership begins at two weeks and can include as many weeks as you like in the time slots during the year that best meet your personal needs.
The new development boasts two on-site restaurants, year round owner storage, a full spa and fitness facilities.
Construction is moving ahead swiftly, and sales of the fractional residences has been strong.
|
|
|
Four Seasons Resort and Residences Vail - Vail Village
The resort will be located adjacent to the main Vail roundabout on 2.7 acres that used to house the old Chateau at Vail.
This is the Four Seasons first venture into the Vail Valley, and only property in the state of Colorado.
The $200 million development will feature 120 hotel rooms, 16 condos and 19 time shares.
Slated for completion in 2008.
|
|
|
Redevelopment of Vista Bahn Base Area - Vail Village
Part of Vail Resorts' "Vail's New Dawn" initiative, Vail's Front Door is currently designed to include: The Lodge at Vail Chalets, 13 ski-in/ski-out residences; a new 11,000 square foot spa for The Lodge at Vail; the Vail Alpine Club, serving approximately 500 club members and their families; and new skier services facilities at the base of the Vista Bahn chairlift.
|
|
|
|
