ABy Pu

ONLioopeand

Hecoba cethe

Fousurnumoftegla

Themo

Doalthnum

“W

 

A ‘Mat AMY CORblished: M

N a chilly evonshead, a vening of thed, soon to b

elping to crebblestone stenterpiece

e Town of V

unded in thrvival trainimerous peaen complai

amorous riv

e Arrabelle odern stand

zens of projhough that mber of pro

We’re bringin

ture’ RTESE

March 2, 20

vening in latvillage in Vae Arrabelle be complete

eate a Europtreets and sof a major m

Vail.

he early 196ing there, Vaks and snoned that th

val, Aspen. A

is just one dards of lux

ojects are un has lately bojects have

ng the expe

Ski T008

te Decembeail, Colo., fo at Vail Squed, a spa an

pean-style several restmakeover f

60s by veterVail has growowy bowls, ihe aging villAs they pol

piece of a bury.

nder way inbeen upgrad risen.

erience peop

Town

er, hundredor hot coco

uare, a luxurnd conferen

town squartaurants anfor Lionshe

rans of the Awn into oneit drew six mlages were nitely put it,

broader effo

n what has cded to “the

ple have in

(970) 84

n Get

ds of revelera, ice skatinry resort fece center.

re for the $2d cafes, also

ead, which,

Army’s 10the of the wormillion visinot on par w Vail was be

ort to rema

collectively $2 billion r

town to the

45-8053 - (970

s a F

rs gatheredng and firewaturing a 3

250 milliono recently a along with

h Mountainrld’s best-kitors last yewith the quecoming “a

ake Vail into

been calledrenewal” as

e same leve

Co David M

0) 376-7171 - k

 

ace-L

d in the newworks. The 6-room hot

n developmadded. The Vail Village

n Division, wknown ski reear alone. Buality of the a mature res

o a year-rou

d “the billios constructi

el as the mo

ontact Kenton McHugh e-PROkhopkins@slife

Lift

wly remade festivities wtel, 66 cond

ment are a sk developmee, forms the

which onceesorts. With

But local dev skiing — osort.”

und resort t

on-dollar reion costs an

ountain,” sa

Hopkins MREO for Additioner.net & dmch

center of were for thedominiums

ki school, ent serves ae heart of

e conductedh its velopers r of a more

that reflects

enewal” — nd the

aid Robert A

E, CRS, GRI onal Informationhugh@slifer.ne

e

as

d

e

s

A.

or n et

 Katzresorinclu

A shodeveof th

Still is Ev

The 9hotelto beDesigsaid.

Vail VcompmainwindVail

The S1970restaoppo

A Fo2009hotel

ThesMouvillagand aarchi

Vail’persowhile$275

The ssaid

 

, the chief erts and has uding the Ar

ort walk froelopment ofhe Ritz-Carlt

in the planver Vail, a re

9.5-acre sitl, condos, r

e certified bgn, or LEED.

Village, juspleted a $11n chairlift fodows and a Mountain C

Solaris, a $0s-era strucaurant spacosition beca

our Seasons9. Sitting atl, including

se are in adduntain Lodgges like Beaas far “dowitect Daniel

s makeoveronal conciee their stree5,000 plus a

supply and Rodney Sli

executive of spent morerrabelle. Ot

om the Arraf 16 luxury rton Residen

ning stage, esort on the

te, a formerretail storesby the UniteD, program

st east of Lio15 million dor Vail Villa ski school, Club.

250 millioncture with a ce, a movie tause of its s

s resort — tht the entrang 16 private

dition to rege, the Tivolaver Creek,

wn valley” asl Libeskind

r will bring erge and, afet shoes areannual due

variety of hifer, a partn

 

f Vail Resore than $700ther project

abelle is Goresidences.nces, expec

and perhape edge of Li

r brownfields and publiced States Gr

m. The proje

onshead, isdevelopmenage. The dev as well as 1

n redevelop new builditheater andheer scale,

he chain’s fnce to Vail, i residences

ecently comli Lodge an where an es Edwards,

d is being pl

a new levelfter a day one fetched. Mes (or $150,

housing arener at Slifer

rts, a comp0 million dets are being

ore Creek Pl An additio

cted to be co

ps the mostionshead, b

d, is to be a c wetlands. reen Buildiect is awaiti

s also undernt called Vavelopment

13 ski chale

pment projeing containd undergrou is expected

first propertit replaces a

s and 19 res

mpleted renod the Sonn

ecologically a town whelanned by R

l of luxury tn the slopes

Membership000 withou

e also expan, Smith & F

any in Brooeveloping pg led by the

lace, the Vaonal 71 luxuompleted in

t ambitiousby Vail Reso

pedestrian According ng Council’ing final ap

rgoing a traail’s Front D includes nets, a spa an

ect by Crossing 75 condund parkingd to be comp

ty in Coloraan older hoidences hav

ovations in enalp resor

y friendly Were a mixed

Remonov &

to the area.s, can rest wps at the slout a parking

nding. “In tFrampton R

omfield, Coprojects in V Town of V

ail Resort’s ury condomn 2010.

s project at orts.

n-friendly m to Mr. Katz’s Leadershprovals fro

ansformatioDoor, arounew ski amen

nd a private

sroads Reddos, 60,000g. The projepleted in 20

ado — is expotel and gasving fractio

the valley, rt. The build

Westin Riverd-use develo Company,

At the Arrawith a warmopeside Vaig space).

the old daysReal Estate,

olo., that opVail Village

Vail and priv

recently cominiums are

an estimate

mixed-use vz, the entire

hip in Energm the Vail T

on. Vail Resnd the Vistanities like r membersh

evelopmen0 square feeect, which h009.

pected to osoline statioonal owners

including tding fervor rfront Resoopment des a local dev

abelle, guesm drink in til Mountain

s, it was jus and twice t

erates sevee and Lionshvate develop

mpleted $6 rising near

ed cost of $

village featue village is egy and EnviTown Coun

sorts recenta Bahn chairestrooms, thip club call

nt, will replaet of retail ahad faced in

pen in the fon with a 12ship.

those of the extends tort and Spa signed by th

veloper.

sts have acche ski valetn Club cos

st condos, pthe mayor o

eral ski head, pers.

60 million rby as part

$1 billion,

uring a expected ironment ncil, he

tly irlift, the ticket led the

ace a and nitial

fall of 20-room

e Vail nearby is rising, he

cess to a t lounge st

period,” of Vail.

 But ownown

Withslow

At thnear

Conaccothirdup trangof a

Locaand mouMr.

“In tgrowover

Nondeve

“Thewithbuoy

“Vaiinve 

 

 

 

as older bunership optinership with

h near-recowdown has b

he Arrabellr the height

ndos and fraording to deds of the Rio $1,900 a ging from $ summer 20

al develope partial-own

untains, the Katz.

this whole vwth has beerbuilding.”

netheless, melopers hav

e market is h distinctiveyed by the s

il is in a leaestment.”

uildings areions, from th the conve

ord snowfalbarely regis

e, a lottery t of the hou

actional shaevelopers. Titz-Carlton square foot

$300,000 fo008 openin

ers attributenership opp

ere is a limi

valley, theren sensible,

mindful of thve begun to

not as frothe, high-endstrong curr

gue by itsel

torn downtime sharesnience of 2

ll this seasostered here

was conduusing boom,

ares are stilThe Front D residences,t. At the Weor a studio

ng.

e the strongportunitiested amount

e is no subp unlike par

he 1970s, w sound a bit

hy as it wasd propertiesrencies of th

lf,” he said.

n to make ws to more co24-hour hot

on, Vail seem.

cted for its , according

l selling briDoor’s 13 ch, not scheduestin resortto around $

g performan, and limitet of develop

prime mortts of Florid

when Vail unt more caut

s,” Mr. Katzs most in deheir countri

“There is a

way for new omplex clubtel amenitie

ms to be sit

65 condos, to Mr. Kat

iskly, and whalets sold fuled to opet in Beaver $2 million f

nce to a desed supply. (pable space

tgage crisisda and Calif

nderwent rtious note.

z said. He aemand. Fories.

a sense amo

ones, he sab membershes.

tting pretty

, which drewz of Vail Re

well in advafor around en for anoth Creek, 60 pfor a three-

sirable locat(Because the.) Many bu

; it just doefornia wher

apid develo

added that beign buyers

ong buyers

aid, “there ihips,” comb

. The nation

w 500 interesorts.

ance of their$2,500 a sq

her 18 montpercent of tbedroom, h

tion, demanhe area is heuyers pay in

esn’t exist,” re there was

opment foll

buyers weres, though, h

that that w

s a variety obining priv

nwide hous

rested buye

r completioquare foot, ths or so, hahe 210 con

have sold in

nd for seconemmed in b

n cash, acco

Mr. Stifler s tremendo

lowed by a s

e being morhave been m

will protect t

of ate

sing

ers in 2005

on, and two-ave sold fordos,

n advance

nd homes by rding to

said. “Our us

slowdown,

re selectivemore active,

their

,

r

, ,