Vail Resorts to partner in workforce housing project in Colorado
Submitted by paula on Wed, 12/07/2016 - 11:41pm
Summit County is currently in the review process for a 28-acre workforce housing site in Keystone from a development partner of Vail Resorts.
Affordable housing firm Gorman & Company filed the application for the proposed 196-unit Wintergreen Neighborhood on Nov. 21 in follow up to the June announcement of an agreement with the ski resort company to construct new residences for seasonal workers. The deal called for Vail to lease the property to Gorman, located between Keystone and Dillon on the north side of U.S. Highway 6, for $35,400 per year in exchange for the construction of the workforce units. Vail Resorts announced last December it would pledge $30 million and land it owned to help solve the resort housing crises in Colorado, California and Utah.
“The availability of affordable housing is critical for the sustainability and vitality of our resort communities and we firmly believe Vail Resorts should be an integral partner in expanding employee housing capacity,” said Rob Katz,chairman and CEO of Vail Resorts at their December, 2015 announcement. “We are hopeful this new commitment will complement our existing efforts and all of the projects that are already in the works with local government agencies.”
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