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In Keystone’s River Run Village, hundreds of workers toil under towering cranes on a 320,000-square-foot development that project leaders hope will be the ski area’s new centerpiece.
Kindred Resort, a more than $300-million-dollar project set to open in 2025, will house 95 luxury condominiums, a 107-room hotel, restaurants, ski school, event space and more, all steps away from the River Run Gondola.
“We’ve all been excited for a project like this to come along,” said Shervin Rashidi, a co-founder of the development team. “Keystone hasn’t really had a true base center.”
With an endorsement from Vail Resorts, which is set to operate the planned hotel under its hospitality wing, Rashidi said the project has remained on budget and on schedule. While inflation and supply chain issues since the COVID-19 pandemic have provided challenges, Rashidi said the development has been able to avoid some of the pitfalls of other projects.
“We did a good job with OZ Architecture when it comes to overall design. A lot of our walls and steel structure and so forth are pre-manufactured and then brought in,” Rashidi said. “So that’s helped us avoid a lot of those bigger supply-side issues.”
