Local developer making plans for Edwards B&B property | VailDaily.com

Local developer making plans for Edwards B&B property

Chris Outcaltcoutcalt@vaildaily.comEdwards, CO Colorado

EDWARDS, Colorado One of the last big pieces of undeveloped land in Edwards could have its fate sealed in the near future. A local developer has partnered with the owner of the Edwards B&B property and plans to bring an application to the county sometime this spring. The Edwards-based The Atira Group recently joined BWAB Incorporated, a Denver investment company, to work on a development plan for the 105-acre piece of land in Edwards. It just seemed like a good fit, said Lance Badger, senior development partner with The Atira Group. The land which has been home to a gravel pit is west of the Edwards Spur Road, bordered by both Highway 6 and Interstate 70, and divided by the Eagle River.The company doesnt have a specific plan for the land yet, Badger said. They intend to analyze the possibilities for the spot during the next few months, he said. Its a blank slate right now, he said. Im not sure what the highest and best use is what was viable three years ago probably is not viable now. The county considered buying the land to use for affordable housing, but abandoned the idea after some residents protested the price was too high.Badger said the company is excited to work in its own backyard.We want to make sure its contextual with all of Edwards, Badger said. Pretty much every property around this piece has been defined its like fitting a large puzzle piece into the final puzzle. The Atira Group developed Cordillera and is working on projects in Steamboat Springs and Crested Butte. Todd Williams, a member of the Edwards Metro District, said he thinks the spot is suited for housing.I have a hard time seeing too much commercial there, Williams said. Its a beautiful spot and its been great having the gravel pit there from a building standpoint, but itll be nice to see something done with the property.Badger said the economic recession could restrict how quickly something can be done with the property. Our analysis has to take into account the existing market, Badger said. We have to make sure we dont come up with a great plan that wont get done in the current economy.Don Cohen, executive director of the Economic Council of Eagle County, said solving any traffic problems will be one of the keys to developing the spot.Its a very interesting and attractive piece of land, Cohen said. Within the Edwards community, there are those that would like to see it remain open space forever and there are those that think its an ugly gravel pit.No matter what the project is, its going to take time to finalize, Cohen said. Something isnt going to appear there overnight, Cohen said. I think there will be plenty of time to have a good community conversation about it.The Atira Group plans to have a couple different design concepts for the site in January, Badger said. Its a good time to do visioning and planning, he said. Staff Writer Chris Outcalt can be reached at 970-748-2931 or coutcalt@vaildaily.com.

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