July 23, 2009

Big boxes on rise in mountain towns

Filed under: Real Estate — admin @ 5:49 pm

Silverthorne has a Target big box store and Eagle County has a Home Depot hardware and building supplies store. Now, both of the mountain communities within 100 miles of Steamboat are on track to get the national retailer they are missing.
Steamboat residents traveling to Denver for sports and cultural events already drive by a Target and a slew of factory outlets stores in Silverthorne.
Caitlin Rowe of the Summit Daily Journal reports that the Silverthorne Town Council is considering a permit for a 100,000 square-foot Home Depot south of Interstate 70 near the outlet stores at the base of Dillon Dam.
The town Council approved a preliminary site plan and wetlands disturbance plan for the store in April.
Edward Stoner of the Vail Daily reports government leaders and citizens in the Town of Eagle are weighing a proposal to make a Target store the anchor in the $346 million Eagle River Station being planned for a pasture east of town.
Eagle River is proposing more than 550,000 square feet of retail, 581 homes and a hotel on 88 acres. The project would require a new highway interchange on I-70.
Proponents say it would raise much-needed sales tax revenues, detractors of the plan say it would undermine the small-town character that residents value.

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