Vail Resorts takes critical step in land swap
Vail Resorts has kept up its end of the deal by filing a zoning application for land it may acquire in a multi-parcel land swap with the U.S. Forest Service. The exchange has been delayed for more than two years.
The ski company is requesting a 40-acre parcel of forest land be re-designated to accommodate 300 units of affordable housing, but has not specified if those units will be for rent or for sale, said Ruth Borne, Avon’s community development director. The company has stalled the land swap for nearly 30 months and finally filed a zoning application in March under legal pressure from the Forest Service.
The 480 parcel, still owned by the Forest Service, is located between Avon and Singletree. In exchange for the land, the Forest Service would acquire 500 acres south of Eagle, called the Vasser Meadows.
The ski company initially wanted 40 acres for affordable housing, while the rest would be protected from development by the Eagle Valley Land Trust, a preservation group.
However, the ski company has a surplus of housing and the location and topography of the site makes it difficult to develop. But the land must still be re-zoned for housing to close the deal.