Wednesday, April 05, 2006

Vail Resorts Picks Corporate Headquarters

Vail Resorts plans to move its corporate headquarters to an office building in Broomfield near the Flatiron Crossing Mall, chief executive Rob Katz told employees Monday.

“It’s got some very nice mountain views,” Katz said Tuesday.

The 10-story building is in the Interlocken area, just off of Highway 36. It is 15 miles from Denver and 10 miles from Boulder.

“Some (employees) are going to be moving into Boulder and some are going to be moving into Denver,” Katz said. “The biggest piece of feedback that I had heard was that people wanted to have the option to live in Boulder.”

Katz has lived in Boulder since 2002, but that didn’t factor into the decision on where to move the headquarters, he said.

On his first day as chief executive officer on Feb. 28, Katz announced that the company would move its corporate headquarters from Avon to the Denver metro area. Katz cited lower occupancy rates, better recruiting opportunities and better access to the company’s properties when he announced the move. About 100 employees will be affected by the move, which is scheduled to be completed by the end of July, Katz said.

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