$50M Ski Club Eyed at Winter Park Base

WINTER PARK, CO-Jerry Jones, a veteran Colorado mountain developer, plans a ski-in, ski-out club at the base of the Winter Park ski mountain, which is owned by the city of Denver, but soon is expected to be operates by Intrawest Corp. of Canada. Jones has been developing and managing resorts in Colorado for about 30 years, with his projects including the $450-million Grand Elk Ranch in Club in nearby Granby.

The 15,000-sf alpine club–which will include a swimming pool, health club, bar, ski storage area and 80 underground parking spaces–will be the second that Jones operates at Winter Park.

In addition, the development would include a fractional ownership project, for a total price tag of about $50 million.

Club memberships likely will cost about $12,000 and be limited to about 500 people, Jones says. In addition, there will be monthly dues of about $250.

His other club is in a portion of the Zephyr Mountain Lodge building that serves buyers at Grand Elk.

Jones is negotiating to sell a portion of the land, where the Lodges at Jane Creek was proposed, to Star Resorts of Scottsdale, AZ. Star plans call for development of about two dozen fractional condo units on the site next to the Iron Horse Resort. Star Resorts, which also operates the Snowmass Club in Colorado, didn’t return calls.

The club and the fractional condo units will have a completed value of about $50 million.

If the deal to sell the land to Star Resorts doesn’t go through, Jones tells GlobeSt.com he is prepared to develop the condos himself.

The land is the original site of the Arlberg Club founded in 1933 by a group of skiing pioneers. The club grew into the Winter Park Resort.