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Breckenridge: New Peak 8 development in the works

Town council to discuss development agreement that would enable site work before a final building permit is issued

More development at Peak 8?

By Summit Voice

SUMMIT COUNTY — The latest proposal for a new timeshare development at Peak 8, up for discussion at a July 24 town council meeting, could give the developers (Breckenridge Grand Vacation) an opportunity to get a head start on the proposed timeshare project by allowing them to start demolishing the Bergenhof and building infrastructure before the actual building permit is issued.

That 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 deal, which has been in the works for several months, includes 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 developers also want to gain density by reclassifying already built and future proposed public restroom space, employee locker room space and storage spaces as listed in the Peak 7 and 8 Master Plan as skier services to new category that does not require density.

To sweeten the pot, the developer has proposed donating $25,000 to the town for preservation activities in Cucumber Gulch.

Check out the staff memo and the proposed development agreement in the town council packet for the July 24 meeting.

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