Vail site of proposed Marriott Residence Inn is now for sale | VailDaily.com

Vail site of proposed Marriott Residence Inn is now for sale

Site of the old Roost Lodge has been vacant property for several years

The West Vail site of a proposed Marriott Residence Inn is for sale. Developers received a crucial town approval in 2017, but haven't since acted to build the hotel and apartments.
Special to the Daily |

Four facts

Location: West Vail, on the old Roost Lodge site.

Parcel size: 1.99 acres.

Proposed hotel: 170 rooms.

Proposed housing: 102 apartments, including 96 deed-restricted units.

VAIL — Months of planning and often-contentious public meetings in 2016 led the Vail Town Council in early 2017 to grant a key approval for a proposed Marriott Residence Inn in West Vail. The property is now for sale.

Chicago-based developer Peter Dumon’s Harp Group has twice proposed the project on the site of the former Roost Lodge. The first attempt was shelved in 2014 when the Harp Group’s financial partner decided the numbers didn’t work the way they should.

Dumon rreturned to the town in 2016 with a plan that would include a hotel, deed-restricted housing and parking on the 1.99-acre site.

That plan was vigorously opposed by neighbors, who said the proposal was simply too big for the site. Backers pointed to the proposal’s 96 deed-restricted apartments as a key selling point, as well as the promise of “mid-priced” hotel rooms.

In February of 2017, the project earned a key town approval, when the Vail Town Council on a 4-3 vote approved creating a “special development district” for the property. Those districts in Vail allow developers to exceed existing town zoning requirements.

Once the project earned that approval, the Harp Group needed to negotiate a development agreement with the town before any work could begin.

In July of 2018, Chris Neubecker, then the interim director of the Vail Community Development Department, told Vail Town Council members that it had been “at least six months” since anyone in that department had heard from the developers.

Now, the property is listed with CBRE Group, Inc., an international commercial real estate and investment firm. Locally, the company led the sales of properties including the Vail Cascade — now Hotel Talisa — the Four Seasons in Vail and the Park Hyatt Beaver Creek.

Email messages to both CBRE and the Harp Group inquiring about the Vail property weren’t returned.

Vail Daily Business Editor Scott Miller can be reached at smiller@vaildaily.com or 970-748-2930.