Colorado Project Goes From Mansions to an RV Park

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July 21, 2011 by   - () Leave a Comment

With downscaling the order of the day, a gated community being built a few years ago at Granby, Colo., along the headwaters of the Colorado River, is now being recast as a possible RV park. And instead of mansions for well-heeled flyfishermen and golfers at Shorefox, planners are talking about "attainable" housing, Pique newsmagazine reported.

The lender for the project, CNL Lifestyle Properties Inc., a Florida firm that holds broad interests in resort properties, has foreclosed on the property and retained a firm called Resort Ventures West to see how the 1,550 acres resort property 15 miles from Rocky Mountain National Park could be repositioned.

The original project had grand ambitions, and much of the infrastructure work was completed before the Great Recession dashed hopes. The 18-hole golf course was 85-90% complete, reports the Sky Hi News, and all water and sewer mains had been installed. So had fire hydrants, plus man-made ponds, bridges and retaining walls.

All of this was to be gated, but now the idea of gates has been shelved. So has the 100-room hotel and commercial space geared to the needs of fishermen, hunters and others with an avid interest in the outdoors.

The golf course, now growing weeds and cattle, could eventually be completed – but not any time soon. The area from Winter Park to Grand Lake already has three or four golf courses, and that seems to be plenty for a mountain valley with one of the shortest summers in the Rocky Mountains and a real estate economy in deep slumber.

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