EAGLE VISION 20/20 | VailDaily.com

EAGLE VISION 20/20

Twice a year, the town of Eagle and the Eagle Chamber invite local residents to town hall to learn about what’s happening in the community and what’s looming on the horizon.

But Tuesday night, Eagle Mayor Yuri Kostick noted that the news regarding two big developments that dominate Eagle’s future planning is murky. Three weeks ago, RED Development of Kansas City, Mo., announced it would not be proceeding with the approved plan for Eagle River Station, a commerical/residential project located on an 88-acre parcel on the east end of town just south of Interstate 70.

The Haymeadow project is a837-unit residential development located immediately east of the Eagle Pool and Ice Rink property.

Kostick noted that ERS and Haymeadow essentially mark the boundaries of Eagle as defined in the Eagle Area Community Plan, the town’s master plan document. As such, the two projects will, in large part, define the community’s future.

Kostick said the RED Development announcement that it would not be proceeding with the plan approved by both voters and the Eagle Town Board three years ago begs the question “Where does that leave the town?”

“The developer owns the property and the property is annexed. That remains,” said Kostick. He said that means RED can either sell the land or come back with another plan.

“ERS as we know it is no longer. If they come back, it will be much smaller in scale.”

As for the Haymeadow, Kostick noted that Ric Newman, the developer’s representative during the approval process, is no longer associated with the project.

“That was news to us,” said Kostick.

However, he said the restructured Haymeadow team is moving forward with planning efforts, although there is no established time frame for the development to begin construction.

Economic Development

With uncertaining clouding the future of the town’s two big projects, Kostick said Eagle has nonetheless established economic development as a priority for the year ahead.

“What that means to us is how do we support our local businesses and help them to grow?” said Kostick.

He noted that Eagle is working with a consultant to develop an economic development plan, but that plan is still in the formative stages.

“This is something of a cliffhanger. Stay tuned,” said Kostick.