Developer scaling back Minturn ski resort plans
July 19, 2010
MINTURN, Colo. (AP) – The company developing a private ski resort in Minturn has scaled back the original developer’s plans in response to the recession and concerns about how much water it would use.
Canada-based Crave Real Estate removed Ginn Co.’s plans for a golf course, hotel and two-thirds of the commercial space from designs for Battle Mountain. The new plan envisions the town providing most of the restaurants and businesses for the resort community. It also is reducing the number of planned ski lifts from 13 to four or five.
Several residents say they’re relieved to see plans for Battle Mountain shrink, but they’re waiting to see if Crave Real Estate will still deliver $180 million worth of public improvements that Ginn Co. had pledged the town.
“That’s the question we’re all struggling with,” Minturn Councilwoman Shelley Bellm said. “They will be on the hook to do public improvements. What scale they will be is yet to be determined.”
Bellm said a committee of town officials is talking with developers about the public benefits.
Crave spokesman Cliff Thompson said the improvements were contingent on final approval of the project, whose plans are now being revised. The chances of getting federal permits from the Environmental Protection Agency and other government agencies were low if the plans did not change, Thompson said.
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Among the improvements Ginn had agreed to fund were a recreation center, sidewalks, a bike path, a new wastewater treatment plant and a new water treatment plant, Bellm said.
Ginn’s original plan envisioned a $1 billion-plus Beaver Creek-style resort with up to 1,700 luxury homes on 5,400 acres south of Minturn. Dave Kleinkopf, a principal at Crave Real Estate, has said the revised plans could include up to 1,600 homes.
Minturn has an agreement with developers to annex 4,300 acres into the town for the project.
Ginn Co. had proposed extending development to the ghost town of Gilman, but Crave has no such plans, Thompson said.
Information from: Vail Daily, http://www.vaildaily.com