6th Aug, 2012

Proposed I-70 Train Sparks Long-Term Summit County Real Estate Market

Proposals to build a high-speed rail route along I-70 could indeed spark sales of Colorado mountain real estate in Summit County. The Colorado Department of Transportation envisions a train to transport skiers and snowboarders to the mountain resorts, especially Breckenridge, Keystone, Copper Mountain, Vail, and Beaver Creek. A feasibility study is in the works with results expected this fall.

Although real estate in Breckenridge is several miles from the proposed route, local officials expect the project would include connector tunnels that with access important side communities such as Breckenridge ski real estate and Breckenridge homes.  A tunnel could possibly extend from Copper Mountain to Breckenridge Resort.

First step to completion of the project is the feasibility study. The department has been gathering information and studies to determine if it is technologically doable. The mountain terrain has been conquered by narrow-gauge trains during the gold rush. However high-speed rail would need to be able to take the sharp curves and steep grades of the I-70 mountain corridor.

If the technology is there, the next step would be determining the funding. The CDOT is projecting a completion date in the year 2025, allowing a good dozen years to accumulate the necessary funds.

However, even with cash in hand, another hurdle lurks. An Environmental Impact Statement or EIM process is on the horizon. It could last 3 to 5 years. Then the CDOT “will pitch the vision to the private industry experts who build trains in the hope of getting an idea of whether or not it will work in Colorado.”

The current proposal for the I-70 high-rail covers a 55-mile area with six main stops in less than an hour. It would pass through Jefferson, Clear Creek, Summit, and Eagle counties. The Summit Daily quoted David Krutsinger, the CDOT transit and rail program manager, explaining the stops in Summit County would probably be between Silverthorne and Frisco and maybe Copper Mountain.

The idea of a ski train is not new in Colorado. For decades, a train service delivered Denver writes to their ski resort in Winter Park. This I-70 rail would serve to spur economic growth and the desirability of mountain real estate.

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

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