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The original item was published from 12/9/2014 4:20:14 PM to 12/19/2016 12:05:01 AM.

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TOSV Press Releases

Posted on: December 9, 2014

[ARCHIVED] Council, Community to Hear State of Resort Economy and Industry December 15th


December 9, 2014—Snowmass Village, CO—The Town of Snowmass Village encourages community members to attend an upcoming presentation from Andrew Knudtsen and Tim Morzel of Economic Planning Systems on the “State of the Resort Economy & Industry” during the regular Town Council December 15th at 4 p.m.

EPS is a land economics consulting firm experienced in the full spectrum of services related to real estate development market analysis, public/private partnerships, and the financing of government services and public infrastructure. The company has been retained by the Town of Snowmass Village to review the fiscal impact analysis to be submitted as part of the Base Village PUD amendment by the Snowmass Acquisition Company. This presentation is an education session to introduce in more detail the trends related to new resort “products” including timeshare/fractional units and vacation clubs.

While the presentation will not be specifically about the Base Village development, EPS will compare and contrast Snowmass with other Colorado and National resorts to provide council, town staff, and the community-at-large with an understanding of Snowmass Village’s market position relative to other communities, and how we can keep pace with trends.

“This is an important and timely session as the community begins discussions with the Snowmass Acquisition Company through the sketch plan process for the Base Village PUD amendment,” said Julie Ann Woods, Community Development Director. “Understanding the market, products, amenities and seasonality of competing resort communities will better inform decision-makers as they work with the applicant on a Base Village project that will best serve both residents and visitors.”

The Council packet for the December 15th meeting will be available on Thursday, December 11th in the town's online agenda center.

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