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Fractional properties at the Four Seasons Resort and Residences Vail will be opened before Christmas.
The project, located at the Vail Colorado Ski Resort, began back in 2005 and was originally supposed to be completed in 2008. However, the Four Seasons stalled for nine months in 2006 when a prospective lender backed out over risins construction costs.
The project was then later turned over to Vail Development 09 LLC, an affiliate of Barclays Capital Real Estate, last summer after the original developer, Black Diamond Resorts-Vail LLC, defaulted on its loan obligations to Barclays.
The development features a 121-room hotel as well as 16 whole-ownership residences and 19 fractional-ownership residences. Features include a dedicated “ski concierge” service at the base of the Vista Bahn lift featuring private lockers, a lounge and ski and snowboard equipment, an 11,000-square-foot, full-service spa with 13 indoor/outdoor treatment rooms, a hair and nail salon and “relaxation lounge” and a fitness centre
Owners will have access to a Four Seasons Vail Owner Services team member who will, prior to the owner's arrival, “stock the pantry with personal favourites and displays treasured mementos to welcome owners home.”
Four Seasons Residence Club Vail includes 19 fractional residences sold in 1/12 deeded interests with annual usage throughout all seasons. The residences are one-, two-, three- and four-bedroom condominiums ranging in size from 1,835 to 3,500 square feet.
Prices range from $299,900 to $528,900.