Those who support the new Ford Park parking structure feel the?parking on?Vail's Frontage Roads is?why taxpayers should? build a large one-story parking structure under the ball fields at Ford Park.? The ball fields are to be converted to artificial turf and placed on top of the proposed parking structure. The proposal is expected to be included in a Vail Recreation District (VRD) master plan to be presented to the Vail Town Council in early August.? Some VRD officials appear to be aiming at putting a property tax measure on the election ballot within a year or so.? The ballot will most likely include the parking structure and perhaps other major recreational amenities.?
Vail's?North Day Lot will be the location of the New 18 Million Dollar Bus Station
Despite, pleas from neighbors at the Landmark Condominiums and Rob Katz, Vail Associates CEO,?the Vail Town Council approved the new ground level bus station for the North Day lot in Lionshead.? Council members?were concerned about future growth and the new station will?include room for town buses, county buses, hotel shuttles and skier drop off.?
Vail is counting on $5 million in federal grants, $1 million in state grants, and $3 million from Eagle county, yet to be secured.? The majority of the $18 million would come from tax-increment financing funding.? A TIF district in Lionshead allows taxes generated from redevelopment to be used for public improvements in the district, like transportation.
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.