Monthly Archives: May 2011

Memorial Day Weekend 2011

05/13/11


MountainFilm arrives in town this weekend and with it the official start of summer. This year the festival is offering a new outdoor venue in Town Park and the Telluride Golf Course opens today as well.

In other news, Mountain Village has removed two controversial subareas from the most recent draft of its Comprehensive Plan. The previous plan proposed building two hotels where the Village Bypass and Boomerang ski runs intersect, dubbed the Boomerang and Comanche parcels. It also proposed building 45 deed-restricted units along Prospect Creek near the Telluride Ski & Golf Company’s maintenance yard off of San Joaquin Road.

Originally the plan proposed eight subareas and the current draft has only three subarea focuses: the Village Core, Town Hall Center and the Meadows neighborhood. The new draft sees more density in the Village Core and more municipal building possibilities by the existing Town Hall building. At the request of the Telluride School District, the plan also allows for a possible future school site that could also serve as a multi-\-purpose community building and looks to expand the Telluride Conference Center to help attract more conferences and group travel.

Town Council meets next on June 1 at 3 p.m. and will consider voting on the planning document. For more details visit www.townofmountainvillage.com.

We hope to see you in town this summer and encourage you to please feel free to stop by the office or contact us online or at 970-728-0213 with any questions.

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Spring 2011

05/11/11


With the ski area closed and spring still threatening to arrive for good, the general consensus is that it was a good winter season for local tourism and we are now in the heart of what is fondly known as “off season.”

In early April The Peaks sold its first 30 hotel units, adding over $5M to the San Miguel County real estate sales for 2011 and in Telluride the first four of the new Element 52 condominiums have closed with 10 more currently under contract. Generally speaking we are seeing the number of sales in our market increase while prices remain considerably below their former highs for all but the most prime properties.

In other regional developments, the Mountain Village Town Council has added more comprehensive plan meetings in the hopes of having a revised draft of its proposed Master Plan by May 19 for a possible resolution adoption with a special meeting June 1. Also in April, the school district hired Kyle Schumacher, currently the assistant superintendent for educational services for the Lake Forest School District in Illinois, to replace outgoing superintendant Mary Rubadeau and has started a search to replace out-going high school principal Alex Carter.

As always, please feel free to stop by the office or contact us online or at 970-728-0213 with any questions.

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