East West Partners just announced they are dropping out of the running to redevelop the entryway to Lionshead, i.e., the Lionshead Parking?Structure.? Open Hospitality Partners-Hillwood Capital Groupis nowthe lone developer in the hunt to re-do this?highly valuable?location in Lionshead.
The Vail Town Council will likely decide the fate of this 6+ acre parcel within the next month or so.? They may?proceed with the?redevelopment process (select Open Hospitality Partners), or do nothing at this time.? East West Partners?stated too many unknowns and costly public benefits were too much to overcome, and thus, they pulled out.
Pretty soon the speculation will be over and we'll know the true future of the Lionshead parking structure.? Stay tuned!
For (some?of the) answers to your questions about the Vail Valley, please contact Doug Schwartz at email@example.com or at 970-926-6777
I know Vail hasn't been quaint in many, many years; some would say not since a highway was built through this small valley.? But for many folks, it still has the appeal of a small mountain town: albeit one that is flush with high-end boutiques, world class restaurants, world renowned performers etc., and some?of the best skiing anywhere.
The 2 proposals in front of the Vail Town Council are very similar, and both would require continued construction in a small area that has seen years of recent construction.? Some locals and business owners say enough is enough: let's jsut wait awhile.