Developer wants to build town in Wolcott
Vail, CO Colorado
VAIL, Colorado – A longtime Vail Valley developer has unveiled a plan to build a sub-division in Wolcott that will be “less than half the size of Edwards,” a press release says.
Rick Hermes wants to build 2,000 single-family homes and a variety of other housing units on 1,100 acres along the Eagle River over the next two decades.
The single-family lots are expected to start at $75,000 and the homes would be around $250,000, says the press release from Hermes Resorts Properties.
“Wolcott is Eagle County’s last and most unique opportunity to build a true master planned community and use all the resources to do it right with thoughtful, comprehensive planning instead of piecemeal development that gives rise to a fractured dysfunctional community,” said Hermes in the release.
The plan, which is supposed to be submitted to Eagle County on Friday includes 60 percent open space, Hermes said in the release
The sub-division’s village would include a pedestrian-friendly downtown with an “arts and entertainment district” and a riverfront park with natural amphitheater, yoga and meditation lawn, playing fields, children’s parks and pool, climbing walls, neighborhood barn, fitness trails, kids’ camp, day vendor plaza, kayak access, and a 400 foot-long beachfront on the Eagle River, complete with sand volleyball court and children’s activities, the company’s release say.
The art district would include what the company calls “historically-inspired” brownstones with private rooftop patios.
The plan, which was supposed to be submitted to Eagle County on Friday, would require moving U.S. Highway 6 close to Interstate 70.
“Growth, jobs and the economy seem to be in the forefront of everyone’s mind during the challenges of the past two years,” said Jeff Townsend, director of land development for Wolcott, “This will provide a steady influx of jobs for the existing Eagle County labor force for years to come.”
To see more details of the plan, visit http://www.wolcottcolorado.com.