(Read more on the multifamily market.)
BROOMFIELD, CO-Six months after announcing the project, Vail Resorts Inc. is revealing more detailed plans for the $1-billion Ever Vail project, believed to be the largest LEED-certified, multi-use resort development project in the nation. The locally based public company plans to convert its 9.5-acre West Lionshead brownfield site into a ski resort.
The property currently houses Vail Mountain's vehicle maintenance shop yard and warehouse, a gas station, and a retail and office complex. The new resort is slated to include 150 to 250 whole ownership condominium units, 75 to 125 fractional ownership condos, a 100,000-sf hotel, a 100,000-sf mountain operations facility, and 100,000 sf to 150,000 sf of retail, office, and restaurant space.
The project will also feature a public parking garage, a new gondola, a related skier portal and public park, and affordable housing. In total the new resort will encompass approximately one million sf and include between 600,000 sf and 700,000 sf of saleable residential and commercial space.
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