One Steamboat Place Information

Updates, information & my opinions on One Steamboat Place & its impact on the base area of the Steamboat Ski Area. I am an independent Realtor not affiliated with this project. I follow its progress so I can help you make the right decisions. Check out One Steamboat Place for yourself at: One Steamboat Place

Sunday, November 29, 2009

One Steamboat Place sees more closings

One Steamboat Place has recorded a few more early closings. It is good to that people are continuing to commit significant resources to owning in Steamboat despite all that transpired over the past couple of years. I have seen my clients remain interest when the situation is right for them beyond what the overall market has done and we are seeing more people do the same as things recover. I wrote quite a bit more on these closings that you can see on my main Steamboat blog including a link to today's Steamboat Pilot article since I started there but thought I would add a different theme that I have been seeing here.

Basically what I continue to hear from buyers is that given this economy it will be quite a while before anything new is built at the base beyond One Steamboat Place and Edgemont, they either say this or ask what I think. Given that and their desire to spend more time in Steamboat they see wisdom in going forward now not only while they can have what they want but more importantly more of their family's best years to enjoy them that they would have fewer of if they wait. Looking back in recent Steamboat history this could also prove out to be a good idea from a supply perspective since once these units are gone it will likely be 3-5 years until more is built. Back in 2005 and 2006 we had a moratorium on new developments at the base area as new design standards were worked out which restricted supply in a similar manner and drove prices up.

To be clear I am not saying that it will be a home run in the 1-3 year timeframe to purchase these price wise but with a 3-5 year perspective that the wise have in most investments and the priceless nature of more memories with your family most scenarios can look pretty good. Is that the case for you? It's hard to say without knowing your goals and situation but I can help you understand all that is going on in Steamboat so you can make a good decision for yourself either way. Give me a call at 970-819-6930 if you would like to talk. I am a low key guy and always happy to share what I know.

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Wednesday, November 18, 2009

One Steamboat Place's first closing!

The first closing at One Steamboat Place is complete! It was a penthouse unit for well north of $4.5m. Good to see them moving forward but no surprise since it is an excellent product. Let me know if you have any questions on One Steamboat Place pricing and how it compares to the market. It is not the most expensive luxury condo at the base of Steamboat and can be considered a good value for the location and quality of experience it provides.

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Sunday, November 15, 2009

One Steamboat Place Plaza Opening with Mt. Werner

One Steamboat Place is looking to show the positive changes they are adding to the base area on opening day. While One Steamboat Place is not planning to be fully open until January 9, the exterior work, including landscaping, is ahead of schedule. In addition to the plaza area being finished, "the Steamboat Ski & Snowboard School ticket office, the relocated Surefoot ski boot and fitting shop and a new independent ski shop will be open for business the day the ski area opens." The base will continue to improve as the snow piles up and the winter continues. After the opening of OSP on Jan 9th, the new Wildhorse Gondola will become operational in February. Having completed the plaza area with the opening mountain will hopefully encourage skiers an riders to take full advantage of the new space and facilities from the beginning, and use of One Steamboat Place as a gathering and shopping spot will become second nature.

Tuesday, November 10, 2009

One Steamboat Place Gaining More Recognition for Improvements to Base Area

"Touring the New Base Area Developments

One Steamboat Place is gaining more recognition for the improvements that the development is looking to add to the base area. The pictures in the link above do a great job of displaying the new terrace, ski school offices, and the location and convenience of the new Wildhorse Gondola. One Steamboat Place is looking to not only add a luxury community to the base area, but also improve the structure and the overall flow of the base area. Take a look for yourself at the pictures above!

Feel free to speak to Jon Wade in person for more info about One Steamboat Place @ 970-819-6930 or by email: jon@mybrokers.com

Search the Steamboat Springs MLS or get information on Wild Horse Meadows, the project on the other end of the new gondola.

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