Breckenridge Real Estate Market Update

It won't be long.  Plans are pretty well in place for new development in Breckenridge.  Vail Resorts, the owner of the ski resort, and the Town have learned to dance together to the same beat.  By next summer, you can expect new projects to start sprouting up, with emphasis on the Peak 8 base area.  Slopeside homes, townhomes, condos, restaurants, lodges and new retail will all be encompassed in the new activity on the horizon.

Recent approvals for the new Skyway Skiway Bridge (giving ski access from the mountain into Town) and the in-town gondola have brought new excitement and life to this ski resort.  Instead of parking in town and having to take a shuttle to the lifts, one primary lift will terminate right at the main parking lot. 
 
Breckenridge is undergoing a new renaissance, with development happening primarily at Peak 8, but significant changes happening in Town, as well. Agreements are in place with the Colorado Department of Transportation to route Highway 9 (with most of the vehicular traffic) around the Town core on Park Avenue, leaving Main Street much more pedestrian friendly. RFPs are out for Main Street redevelopment ideas. Redevelopment plans for the ski mountain were approved by the Town in 2002, and construction will begin this year. It's truly an exciting time to be here. Prices have also been increasing throughout 2004, and are expected to accelerate through 2005.