22nd Aug, 2012

Breckenridge Peak 6 Expansion May Signal Future Real Estate Projects?

Hot off the press, the US Forest Service announced its decision to allow Breckenridge Ski Resort to expand onto Peak 6.  Breckenridge Colorado real estate near Peak 10, Peak 9, Peak 8, and Peak 7 quickly developed following the opening of ski activity on those mountains.

Peak 6 will take about two years to open for the 2014-2015 ski season.  For now, investors and Summit County homebuyers looking for new developments of Breckenridge real estate may be interested in Spruce Valley Ranch homes in Blue River or a Breckenridge CO home on Peak 8.  See Featured Listings.

Breckenridge Ski Resort is adding “550 additional acres and two new lifts in an attempt to ease overcrowding,” according to an August 21, 2012 report by Paige Blankenbuehler in the Summit Daily News.  It took seven years of environmental analysis and community input before a decision could be made.  The process itself was a journey for residents of Breckenridge homes, area businesses, and numerous experts, Resort and Forest Service staff.  The result of the in-depth environmental analysis is a compromise.

Most of the local concerns had to do with the environmental impacts.  The Summit Daily article explains.  “Peak 6 is adjacent to an extremely degraded habitat for the Canada lynx – an endangered variety of living in the mountains.”  White River National Forest supervisor Scott Fitzwilliam’s, however, told the Daily that according to federal standards for lynx habitat, Peak 6 does not qualify for the standard.Others were concerned that the expansion will not alleviate overcrowding but rather draw more guest skiers to the resort and create future crowding in an area that is presently very secluded.

Rob Katz the chairman and CEO of Vail Resorts, explained how the addition of Peak 6 will improve the guest experience, providing access to intermediate runs and high-alpine bowl skiing.Breckenridge Ski Resort plans to add a total of 407 acres of skiing served through the lift system and two new ski lifts.  The project also increases hiking terrain by 143 acres.  Peak 6 will get a new ski patrol and warming hut plus a restroom.

The design reduces environmental impacts and address dresses congestion in a way that fits in with the 2002 White River Forest Plan as well as the 2007 Resort Master Plan.The announcement begins a 45-day appeal period during which the ski resort’s internal administration may object to the Forest Service decision.  Any appeal would be settled or resolved within 30 to 60 days.

For information about buying real estate in our mountain villages, call Barrie Stimson, Breckenridge Realtor® at (970) 390-2560.

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