Colorado Suite with views of Baldy Mountain. 2005 gross equalized revenue of $30,271. Has been rented as a non-smoking condo.

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A look down Granite Street from Mount Royal shows new construction projects in Frisco, where older, smaller homes are being replaced with larger, more expensive ones. Summit Daily/Kristin Skvorc

BY HARRIET HAMILTON
Summit Daily News
June 8, 2006


FRISCO — Even the most casual observer on a stroll down Granite Street can tell things are changing in Frisco. Construction dust covers the greenery, cranes swing stacks of two-by-fours high above new foundations, and yards of utility pipe lie along the street’s shoulder.

All this activity is occurring in an area of town that was pretty much built-out 15 years ago. Older, more modest buildings are being demolished to make way for new edifices, as redevelopment becomes the focus of Frisco’s growth.

The Granite Street redevelopments, as well as nearby projects such as the upcoming transformation of 2nd Avenue’s Sky Vue Motel into12 high-end duplexes, are partly the result of local geography. According to town numbers, Frisco’s area is roughly 1,100 acres and at the end of 2005, only about 45 acres, or 4 per cent, remained undeveloped. Subtracting the town’s controversial 9.4-acre parcel leaves only 35 acres for new development.

“All the easy stuff has been developed,” Frisco’s community development director Mark Gage said. “What you’re seeing is smaller, older properties that are changing hands, and all you’ll see now is redevelopment.”

Median sale price of homes in Frisco*

*excludes sales of employee housing units

source: 2005 Assessor Sales Data; RRC Associates, Inc.

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BY DUFFY HAYES
Summit Daily News
June 13, 2006

BRECKENRIDGE - Given the flurry of activity in and around Breckenridge these days - and the recent reporting of some of the strongest numbers in Vail Resorts' history - Tuesday morning's confab between VR executives and Breckenridge business owners was a pretty optimistic affair.

Nearly 100 members of the host Breckenridge Resort Chamber had their first chance to hear directly from new Vail Resorts CEO Robert Katz, who was keen to tout the resort operator's record ski season this past year. Katz called it "potentially the best ski season in history" at the company, and he called Breckenridge "our best performer" of the five resorts that Vail operates.

This past week, Vail Resorts reported record growth and raised expectations for next year. Skier visits were up 6 percent across all five of the resorts that Vail operates - Vail, Beaver Creek, Breckenridge, Keystone, and Heavenly in Lake Tahoe - but it was Breckenridge that showed the biggest jump in skier numbers. Well over 1.6 million skier days were logged at Breck this past season, a jump of more than 10 percent over the previous year.

Katz, who reminded folks that he was part of a group that brought Breckenridge under the Vail Resorts umbrella in the early 90s, recalled that "it was crystal clear from day one that the town was a terrific asset for the resort." He lauded town officials for their foresight and vision over the years, and said that he attributed a lot of the on-mountain success at Breckenridge to the relationship that the resort has with the town.

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