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    New Housing Opportunity for Vail Workers: Timber Ridge Village Pre-Sale Begins

    2024-05-24
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    This article contains content summarized with GPT-4 Learn more. It is based on information from vail.gov, which reflects the perspectives and priorities of the organization. Please consider the specific interests of the source when reading

    The Town of Vail, in partnership with Triumph Development, has started the pre-sale for Timber Ridge Village, a new housing project for local workers. Located near the Vail Post Office on North Frontage Road, the development will include 294 homes and is scheduled to start construction this summer. The first building is expected to be completed by late 2025.

    During the pre-sale, homes are sold on a first-come, first-served basis. Prospective buyers must fill out a contact form on the project’s website to participate. A Purchase and Sale Agreement and a 2.5% refundable deposit are required to reserve a home. Any remaining homes will be available through a community housing lottery in early 2025.

    Timber Ridge Village is designed for year-round Eagle County workers, focusing on livability, sustainability, and convenience. The homes will have high-efficiency electric appliances and communal solar panels for shared spaces.

    The development offers various home types, with prices starting at $367,100 for a studio and going up to over $1 million for a four-bedroom unit. Each home includes a parking space, with additional heated garage spaces available for purchase. The location is close to the West Vail commercial area and public transit, facilitating community access.

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