Profit potential seen at Eagle’s ‘pit’
EAGLE ” Is the “pit” property in the Eagle Commercial Park ripe for redevelopment?
Motorists along Chambers Avenue and post office patrons have likely noted a recent change in the landscape and an increase in truck traffic. The new owner of the property sees potential for development of the property that was once a gravel mining site for construction of Interstate 70.
Until recently, the “pit property,” located east of the post office, was home to the Eagle Valley Evangelical Free Church. But last November, the congregation sold the 6.14-acre property to Dantas Brothers Inc., a Vail-based company that wants to develop commercial and residential units on the site. County property records show the sales price as $1.4 million.
Congregation member Sharolyn Barton said there were several reasons why the church sold the land. First and foremost, it was a way for the congregation to become debt-free. And, Barton said, with the development of commercial properties along Chambers, the property simply wasn’t an ideal church location.
The congregation is now meeting in Gypsum and plans to reorganize as the Eagle Church of the Christian and Missionary Alliance.
A couple of weeks ago, the new owners razed the church building. Prior to tearing down the church, the company allowed fire department and sheriff’s office exercises at the site.
“Then the building came down pretty quickly,” said David Dantas, one of the company owners. “It took about a half-day to take it down and three or four days to load the material on trucks.”
Since removing the building, Dantas crews have been moving dirt to maximize the site’s usable area. The crews are grading the hillsides to the deepest part of the pit.
Dantas noted that even with its obvious challenges, the property presents a rare opportunity ” a 6- plus acre site in the heart of Eagle’s commercial park.
“We have been looking in Eagle for years and we finally saw this property,” he said.
Dantas said he will be approaching the town with a multi-use plan for the site which includes businesses facing Chambers Avenue, a green space around the pit, and homes on the flat portion of land that fronts Sawatch Road on the south side of the property.
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