10th Nov, 2008

Possible Expansion of Breckenridge to Peak 6

The proposed opening of ski terrain on Peak 6 at Breckenridge Ski Resort will undoubtedly also mean more Breckenridge Colorado real estate options for buyers and investors. For example, one party owns a piece of the woods adjacent to the proposed new lift on Peak 6 and wants to sell. Does anyone see a new development of secluded ski-in/ski-out luxury Breckenridge CO real estate on the horizon? Some say, wait and see how the community absorbs the 700 new units of prime Breckenridge real estate on Peaks 7 and 8 after the 2008 changes to those areas.

Leading the nation in number of skier visits, Breckenridge Ski Resort has been juggling weekend crowds too long and wants to extend the ski services and terrain onto Peak 6. The Peak 6 development plan proposes to open about 450 acres of terrain north of the ski area’s existing trails, with 285 acres above and 67 acres below the timberline served by a single new lift. At the base of the lift, the resort would build a restaurant and at the top would be a ski patrol and warming hut.

Discussions and impact studies have been ongoing. As people bring up various issues, the Resort, Forest Service, and Town are weighing the considerations. Some say Vail is twice the size, why can’t we too grow? Others say that they like living in a smaller community. Some don’t want more new development; others make a living by building mountain luxury properties. Some want to keep the backcountry on Peak 6 more secluded, and others want to be able to access it more easily. Some are concerned about elk habitat in the Ten Mile Range as herd populations in the state reach record levels. But is limiting development the solution? Most of the ski resort utilizes Forest Service lands and is surrounded by national forest.

With Colorado’s population continuing to grow at a healthy rate, Vail Resorts anticipates weekends will just get more crowded if the plan gets delayed. The goal of the expansion plan is to spread out the skiers, especially on peak days, by providing more intermediate terrain. Peak 6 is easily accessible from Main Street and is relatively safe from avalanches two important reasons for a thumbs up on the plan.

For information about resort real estate to enjoy for years to come, call Rick Allemang of RE/MAX Properties of the Summit at 970-547-1002.

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