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$500-Mil Expansion Plan Could Get EPA Green Light

BRECKENRIDGE, CO-The Environmental Protection Agency appears poised to give its blessing to a $500-million expansion plan for two peaks. Vail Resorts has unveiled an ambitious plan that includes a large-scale, 148-unit grand lodge.

By John Rebchook | Updated on February 20, 2001

BRECKENRIDGE, CO-Any day now, the Environmental Protection Agency is expected to issue a permit to Vail Resorts for its $500-million expansion of Breckenridge, a ski resort 60 miles west of Denver. The Peak 8 plan calls for developing 48 of its 258 acres with a mix of residential and commercial units. Vail Resorts, owner of Breckenridge, would replace all the current ski area operations and administration buildings at Peak 8, some of which had been constructed shortly after the mountain opened in 1961.

About 430 condominiums will be built, averaging less than 900 sf. The plan also calls for 12 single-family home sites. A key component will be a “grand scale” lodge with 148 condominium hotel units, a fitness center with swimming pool, tennis courts, a year-round ice-skating rink and a 12,000-sf conference center.

The Peak 7 plans calls for a “smaller, more intimate village” comprised of two condominium buildings with skier services on the plaza level and a series of small mountain lodges, each with six to 10 condominiums.

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