Last week, Vail Resorts and the town of Breckenridge announced their plans to build a long-awaited gondola connecting Peaks 7 and 8 with the town below.
This week, Vail announced that the project to develop the area around the gondola stop at Peak 7 is also under way.
“Between the gondola announcement and this (news), the past week or two has been great for Breckenridge,” said Alex Iskenderian, vice-president of development for Vail Resorts Development Company (VRDC). “We’re really taking Breckenridge real estate to a new level with this project,” Iskenderian said.
VRDC and locally owned Grand Timber Development Company are partners on the project to develop the new base area at Peak 7. Plans call for 44 whole ownership condominiums developed by VRDC and a 114-unit fractional ownership facility developed by Grand Timber.
Work began last week clearing trees in the Cucumber Gulch area, so that County Road 3 can be moved down the hillside lower than it currently is.
Along with the road shift, developers will be moving the relatively new Peak 7 Independence SuperChair about 100 yards down from where it loads skiers and riders today. Vail Resorts will add a couple of towers to relocate the lift, and the new base area will spring up around the new lift site.
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