Vail Resorts pledges $30M to worker housing projects
The Denver Post
DENVER — Vail Resorts on Wednesday promised $30 million toward employee housing projects in the Colorado, Utah and California mountain communities where its ski areas are powerful economic drivers.
The money is intended for partnerships in towns like Breckenridge, Vail and Avon, South Lake Tahoe and Truckee in California and Utah’s Park City, Utah.
“We are here with money and we want to partner and collaborate with these communities to get projects off the ground,” Vail Resorts CEO Rob Katz said. “We need to combine our money with others – towns, counties, other businesses. That’s the only way to get enough housing built. The need is real.”
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For the time being, the city will hold off on making any changes to the 27th Street roundabout.