The new Four Seasons Resort and Residences Vail, the luxury hotel chain's first foray into Colorado and its upscale ski resort destination, got underway this week.
Priced out at $200 million, the new resort will offer 120 hotel rooms, as well as 16 condos, offer some 11,000 square feet of meeting space, a grand ballroom, a spa, a restaurant and four retail shops.
The facility, to debut in June 2008, will be situated within short walking distance to the base of Vail Mountain and to the center of the Vail Village.
Meanwhile, the city of Vail is undergoing a $1 billion overall revitalization, among other developments. Vail Resorts announced in June that it plans to build a 108-room Ritz-Carlton Residences, a luxury condominium project, in Lionshead Village, and a second Four Seasons, a 50-story hotel and condominium project, is being proposed for downtown Denver and would become the second in Colorado.
That facility, the town’s second Four Seasons, would be built on the southeast corner of Arapahoe and 14th streets, adjacent to the Denver Center for the Performing Arts.