Gateway Village PUD

  • Townhomes
  • Design-Map
  • Deal-Summary

Project Category: Original Use Property

  • Summary

    Mixed Use, Commercial retail (28,000 sq. ft), 24/32 plex rental apartments (312 units), 2 hotels (65/71 units), 1 gas station, 2 restaurants, townhomes TH (179 units ) and single-family SF(28 units) development, 50,000 sf. flex space. This will have a 50% LTV on completion.

  • Details
    Project Qualification: Original Use Property
    Real Estate:
    • Residential
    • Office
    • Retail
    • Hospitality
    Non-Real Estate: Merto District
    Total Capital Required: $230,825,321
    Equity Required: $17,700,000
    Debt Required: $99,110,482
    Project Control: We own all the key property
    Timeline: 30-90 days
     Address: 749 CO-91 Leadville Colorado 80461 United States
  • Map

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  • Project Narrative
    Project Narrative:

    This Planned Unit Development will have final approval by September 2019. It will incorporate 502 acres of land that will be purchased outside of the
    Opportunity Zone Fund (OZF) (capital gains deferral) which also includes its own Metro District. Inside the OZ is 88 acres containing the items below with the remaining 414 acres outside the OZF. The TH and SF will be sold to fund the development of the rental and commercial property that will be held for 10 years. Completion of first plat construction to be 6-7 years with additional entitlements and construction to proceed for years to come. The local community is very receptive to growth right now. We are ideally positioned for Eagle and Summit Counties to provide affordable housing to Vail and Copper Mountain Resorts.