First, visitation topped 13 million for the first time in 2015-2016.
2013-2014 saw 12.6 million visitors, which was up 10% from the record-breaking prior year. The two busiest resorts in the nation are Vail and Breckenridge, each a 40-minute drive from Gateway Village. Overall skier visits for Vail Resorts (which includes Vail, Breckenridge, and Beaver Creek among others) increased 13.9% in the third quarter, which ended April 30, season compared with the same period of 2015. Lift revenue increased 17.4%.
Second, revenue-based permit fees from the 22 Colorado resorts operating on U.S. Forest Service land climbed more than 11% to US$23 million (2014-2015).
That figure constitutes a 49.6% rise versus the 14-year average. By the same measure, payments grew 72.9% at Breckenridge alone, where 2014-2015 payments were up 22.3% versus the year before – the largest increase among all Colorado ski resorts.
As of today there are about 9,800 residents in Lake County/ Leadville, Colorado.
Of those, an astonishing 3,800 of these residents commute by either commuter bus and or car to Summit and Eagle County on a daily basis, because the average wage is significantly higher, as is the housing cost.
Many of these people who would like to work and live in either of these counties cannot, due to the large prices of homes and apartments/condos. Between the surrounding counties there are over 2700 families who are overburdened by the cost of housing, with condos and apartments starting about $500,000 for a 1 bedroom ($2,500/mo.), and houses starting around $750,000 (New homes are starting about $850,000).
Our location is 50 minutes to Eagle, 40 minutes to Vail and Breckenridge, 30 minutes to Frisco, and 20-25 minutes to Copper Mountain and Copper Village.
With such proximity to these world renowned resorts, our housing product and apartments will be extremely inviting:
- 1 Bedroom Apartments for less than $1,200
- 2 Bedroom Apartments for $13-1400
- Town Homes for sale starting from $230k (2 bed 1 1/2 bath with 1 1/2 car garage 950SF) to the $400k range (2200 SF 3 bed 2.5 Bath 2 car garage)
Gateway Village’s generous pricing model is less than half of the surrounding communities.
The last opportunity to mention is the second home owner and investor from Denver and beyond.
Many residents of the Front Range would like a second place to call home in Summit and Eagle County, but the price points are out of reach. With a complete housing stock for a minimum of 450+ home sites available for this Project.
The purchase of additional acreage will happen immediately. However, when we are ready to move on to the next parcel, we will have great flexibility in making decisions based on market conditions, not inventory. Additionally, we have an additional 400 acres at our disposal.
864-GATEWAY (428-3929)
Gateway Opportunity Fund 11000 Riverview Dr. | St. Louis, Mo. 63138