Plan for $3.2 billion Deer Valley expansion includes 3,700 new acres of ski terrain plus a village built by the developer of posh New York City residential towers
A new report by Headwaters Economics highlights progressive growth strategies across the country to help amenity-rich communities navigate growth challenges
The ski resort operators left. The ski academy plan is done. Residents are suing. Owners are suing. And now the state is looking into claims of election law violations.
Texas billionaire Red McCombs has spent 36 years vying for access to a 300-acre inholding on Wolf Creek Pass where he plans a resort village for 10,000 residents.
There are more people living in their vacation homes in Colorado’s resort communities. There are more people visiting and staying in short-term rental homes. “But it’s a challenge to quantify any of this,” said Jake Andersen, deputy chief of operations for the Aspen Fire Protection District. Fire chiefs like Andersen can gauge one impact of […]
Alex Kaufman thought it would be an amusing website. Something to poke fun at the largest resort operator in North America. So he bought epicliftlines.com for $12 last March, just as Vail Resorts announced a plan to slash the price of its popular Epic Pass by 20%. “I thought ‘Oh, this could become a thing. […]
There’s a new heavyweight investor buying up properties on Crested Butte’s historic Elk Avenue. But this time it’s not a reclusive billionaire from afar. Jeff Hermanson, who transformed Denver’s Larimer Square and Union Station, has lived in Crested Butte for 48 years. And he’s buying commercial properties on what he calls “one of the greatest […]
Aspen’s city council this week stopped issuing not just short-term rental permits, but permits for all home construction as the city struggles with a critical lack of affordable housing and the increasing use of homes by vacationers. A moratorium, passed unanimously by emergency ordinance Wednesday night after two meetings in two days, goes beyond suspending […]
The blistering pace of real estate sales is continuing in Colorado’s high country, with every resort community setting new records in each month this year. “It’s been crazy,” Crested Butte broker Frank Konsella said, “way past everything in 2019 and 2020.” Last year saw record numbers of home buyers paying highest-ever prices for properties in […]
Short-term rental properties are under fire in the Colorado mountains as communities weather record traffic, a surge of new residents, soaring home prices and a painful shortage of workers. “We are beaten down. Everybody is overworked. We have way too many people here and it’s not sustainable and it’s not productive,” Martha Keene, a longtime […]