Vail to interview Timber Ridge finalists | VailDaily.com
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Vail to interview Timber Ridge finalists

Melanie Wongmwong@vaildaily.comVail, CO Colorado

VAIL, Colorado Four firms hoping to rebuild Timber Ridge, Vails aging employee housing complex, will be interviewed in a public meeting by the town council next Tuesday.The finalists include Fritzlen Pierce Architects of Vail, Gorman & Company of Wisconsin, Alliance Residential Company of Denver, and Vail Timber Ridge, LLC of El Paso. The work session will begin at 8 a.m. Tuesday in the Vail Town Council Chambers. Copies of the firms proposals may be viewed by appointment in the towns Community Development Department offices by calling 970-479-2144.Tuesdays meeting will includes two executive sessions by the Town Council to discuss a negotiation strategy in its selection of a development team. The timetable for a final decision has not been determined. The town plans to rebuild 5.04 acres of the Timber Ridge property in the first phase of the redevelopment, providing a minimum of 600 employee beds, which will remain affordable and deed-restricted.Plans also stipulate that the town will remain the owners of the land and that its debt from buying the property will be eliminated.Timber Ridge was built in 1980 and is the largest rental development in Vail. It was purchased by the town for $20 million in 2003 to preserve the property as affordable rental housing for local employees. Staff Writer Melanie Wong can be reached at 970-748-2928 or mwong@vaildaily.com.


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