Vail Valley Voices: Ever Vail approval nears
Vail, CO Colorado
Editor’s note: The following is an excerpt from the Vail Homeowners Association monthly report for September. We publish weekly excerpts from the association, which keeps a close eye on economic and political trends in and outside the town. The newsletter electronic version with links to supporting documents is available at http://www.vailhomeowners.com
Ever Vail in west Lionshead, the next big $1 billion project aimed at the affluent buyer, is expected to get final town of Vail approval for its master planning, phasing and zoning entitlements prior to the November Town Council election. Sales in Vail are slow for residential units in the larger new luxury condominium properties built during the boom. Ever Vail’s plan includes building similar types of developments. According to some Wall Street analysts, the company will shelve the project until market conditions improve. Company executives say the earliest start date for phase one may occur in 2013. Phase one includes straightening the South Frontage road, moving it to the northern edge of the site. The remaining three commercial buildings on the site (west of Sandstone Creek) will be demolished and replaced with a surface parking lot for several hundred vehicles. According to Vail Resorts’ conceptual phasing plan, the next phase will be the construction of a new gondola built over an underground complex to replace the existing on-mountain equipment maintenance and warehousing facility.
Timber Ridge redevelopment project
Town officials are still awaiting word from their developer as to whether the project will move forward into construction. At last report, the developer was looking for funding from the federal government and more concessions from the town of Vail. Concerns have been raised by some that the town needs to avoid any concessions that might set aside much of the rationale used to justify the massive size and purpose of the project as affordable housing for local workers. Meanwhile, the Town Council is investigating rehabbing several units in that portion of the project scheduled to be replaced. The proposed project, if it is ever built, will be one of the largest structures in the community.
Vail cultural arts
Participate in The Longevity Project
The Longevity Project is an annual campaign to help educate readers about what it takes to live a long, fulfilling life in our valley. This year Kevin shares his story of hope and celebration of life with his presentation Cracked, Not Broken as we explore the critical and relevant topic of mental health.
Vail Jazz Festival brings nationally/internationally recognized performances free to Lionshead weekly in summer.
The Vail Jazz Festival, along with the Bravo! Music and International Dance festivals, have created a formidable power house of summer cultural programming. Collectively, the trio brings the best from the New York City cultural scene. The Bravo! Vail Valley Music Festival will celebrate the 10th anniversary of hosting the New York Philharmonic Orchestra next year. The famed orchestra has extended its Vail contract for three more years. Anne-Marie McDermott, in her first season as artistic director, created a diverse and engaging program that was a tribute to her aspirations for the future of the music festival and the Vail community.
The programming and operational costs of each of the cultural entities is supported mainly through the philanthropy of Vail’s part-time residents, the economic and social value of which sometimes goes unrecognized by the local community. Over $1 million was raised in one week this summer for local charities. The town of Vail needs to be more inclusive in how it allows its non-residents to participate in the governing process. As the town’s discretionary funds are shifted to more pragmatic obligations, dependency upon the philanthropy of nonresident property owners to fund community institutions will increase.