More News on Breckenridge Grand Vacations New Timeshare Resort

More News on Breckenridge Grand Vacations New Timeshare Resort

Skiers anticipate the new Breckenridge Grand Vacations resort

Skiers anticipate the new Breckenridge Grand Vacations resort

Want to know more about the exciting, new development by Breckenridge Grand Vacations on Peak 8, that we told you about on Thursday? (See: Green Light for Breckenridge Grand Vacations Expansion at Peak 8) As many readers have shared with us, the fabulous amenities and design of the existing Breckenridge Grand Vacations timeshare properties set the bar high for this newest development to be yet another outstanding vacation ownership ski resort.

The new resort will include a five-story building that will be home to 75 timeshare units, an aquatics area, spa, café and multiple movie theaters. There will also be tributes to the Bergenhof day lodge, a historic restaurant that operated for some fifty years at this location. The landmark will be demolished, but the new Breckenridge Grand Vacations property will honor the memory of the lodge and what it once represented to the community. The $80 million construction project will also give preference to hiring local subcontractors in the Breckenridge, Colorado area.

What else does a timeshare resort project like this Breckenridge Grand Vacations resort mean to the community?

  • The new timeshare resort is anticipated to protect some 130 jobs that are to be phased out in the next six to eight years as the existing Grand Lodge on Peak 7 approaches sellout.
  • Besides protecting existing employment, the new lodge is anticipated to bring some 100 additional jobs to the local community.
  • The project will also generate approximately $2.5 to $3 million in town revenues through real estate transfer tax.

Excavation will begin in May of 2013 with sales projected to begin in the fall of 2014.  Breckenridge Grand Vacations co-owner Rob Millisor says, “We’ll do the major utility work and dirt work this summer. Then next April (2014) is when we’ll start putting in the footers and then we’ll go vertical.”

It clearly looks like another great resort in the BGV family of properties will soon be underway, which is great news for current Breckenridge Grand Vacations owners, future timeshare buyers, the vacation ownership industry, and the community of Breckenridge, Colorado. 

Breckenridge Grand Vacations Timeshare Project May Get a Boost Today

Breckenridge Grand Vacations Timeshare Project May Get a Boost Today

Plans for a new Breckenridge Grand Vacations timeshare may get a boost today when the Breckenridge, Colorado Town Councils meets.

The proposal for a new timeshare at Peak 8, to be owned and developed by Breckenridge Grand Vacations, is one of the items on the agenda for discussion by the Council. A new proposal, which has been in the works for several months, is regarding a development agreement that would enable site work on the new timeshare resort to commence before a final building permit is issued.

The website, Town of Breckenridge (www.townofbreckenridge.com) points out that this plan would be a, “new path for the town, since development codes don’t allow site work to begin before a building permit is issued.”

The proposed plan would give timeshare developer Breckenridge Grand Vacations a head start on developing its new timeshare resort property on Peak 8. The plan would allow the demolishing of the existing structure on the site, the former Bergenhof restaurant (now closed), to commence as well as the start of constructing the new resort infrastructure.

http://www.vacationownership.com/resorts/breckenridge-grand-vacations/
Breckenridge Grand Vacations Grand Lodge on Peak 7

Specifically, writes TownofBreckenridge.com, the plan calls for, “Vail Resorts selling the property to the timeshare developer, as well as an increase in overall density above what is allowed on the site and a decrease in parking spaces.” The density changes would be based on the reclassification of the use of the space.

Additionally, Breckenridge Grand Vacations is proposing a donation on its part, to the town of Breckenridge, in the amount of $25,000 to help ongoing and planned preservations activities in Cucumber Gulch. Cucumber Gulch is a a critical wetlands complex and wildlife habitat, which the town has been working to protect for several years.

Breckenridge Grand Vacations, owner of the Grand Lodge on Peak 7, and other ski area resorts, is one of the most popular ski vacation properties among timeshare owners today.

1...234