Timber Ridge Village home sales continue as Vail businesses invest in employee housing

Triumph Development/Courtesy photo
The redevelopment of Timber Ridge Village has created a buzz in Vail.
“We could not be more pleased with the excitement and momentum that has been created with people seeing the bulldozers moving on site,” said Michael O’Connor, Triumph principal and COO.
Nearly two-thirds of the 302 homes currently under construction have been sold. For those still on the market, Triumph Development is reminding local businesses that Timber Ridge Village is a smart investment to lock in brand-new housing for employees.
Home types range from studios to four bedrooms. With no price appreciation caps, the deed-restricted condominiums only require that each home be occupied by at least one full-time employee of an Eagle County business as their primary residence — that can be the homeowner or person renting that residence.
Generously sized, modular homes are being built with local businesses in mind, and current pricing is 15-24% below comparable Vail home sales over the past two years.

Support Local Journalism
In addition to about 30 local businesses buying units, about 100 individual members of the local workforce are also under contract to buy homes. There will be one continuous phase of construction with the first building complete by the end of 2025 and the final buildings complete by the end of 2026.
Among the local businesses that have bought units are the Manor Vail Lodge and Yeti’s Grind.
“As a business owner in Vail and in other locations in the valley, we love serving locals and guests from around the world,” said Marci Leith, the owner of Yeti’s Grind. “That love that you see in our latte art is driven by our incredible staff who have been struggling to find decent, affordable housing. Timber Ridge Village is our collective opportunity as small businesses to make a huge difference in the valley’s workforce housing opportunities.”
The Bravo! Vail Music Festival, a local nonprofit that will celebrate its 38th season in 2025, has also purchased units to house employees.
“As a nonprofit organization, Bravo! Vail’s mission is to bring extraordinary music to the Eagle River Valley and make it accessible to all,” said Caitlin Murray, the festival’s executive director. “To do so, we also need to help our hard-working staff address the reality of housing here. Working with Triumph to acquire housing for our staff has been easy and exciting for our organization’s future.”
To learn more about Timber Ridge Village and sign up to discuss purchase options, go to the project website at TimberRidgeVail.com/Contact, or email TimberRidge@triumphdev.com.