HIDEAWAY STATIONWINTER PARK, CO | ADVENTURE TOWN USA
Business Opportunity in Downtown Winter Park, CO
Best-in-Class Retail Space▪ Downtown Winter Park ▪ Highway 40 Frontage Location ▪ Next to Anchor Grocery Store and
Restaurant
ONLY 6,000 ft2 LEFT
Finalizing 2019 Leases for New Development in Winter Park
Fastest Growing Resort in CO▪ Retail demand increase by 11.2% over next
five years▪ $28.2 million investments in Winter Park
Resort by Alterra for 2018/2019 and planned future investments
▪ 40% increase in residential units across six major commercial and residential developments underway in Winter Park and Fraser
About Winter Park
▪ Voted Adventure Town USA in 2017▪ 3rd largest and longest operating ski resort in Colorado ▪ Nation’s ONLY slope side train service directly from Denver International Airport▪ Recently purchased by Alterra and now part of the Ikon Pass (27 destination season pass)▪ Invested $28.2m in 2018 for infrastructure improvements with further major investment expected for
2019.▪ Popular summer and winter tourist destination ▪ Summer Activities: longest alpine slide in CO, Trestle Bike Park Voted Rider’s Choice Bike Park 3 times!
600 miles of mountain trail riding ▪ Golf, horseback riding, camping, climbing, hiking ▪ Winter Activities: 3,081 acres, average of 320 inches of snow to ski at Winter Park Resort▪ Sleigh rides, backcountry skiing, snow skiing, sled dog rides, snowmobile tours
Why Winter Park?
Fastest Growing Retail Out of Major Ski Resorts in ColoradoTap a growing tourist economy▪ Retail demand increase by 11.2% over next 5
years▪ 4.1% average increase in sales tax revenue over
past 10 years▪ 43.2% increase in job growth over next 10 years▪ $23 million in retail growth by 2023
2017 Stats for Grand County ▪ $145.7 million consumer spending ▪ 3,500,000 visitors ▪ $41.62 spent/visitor
For references please see the following Excel Sheet in Google Drive
Expected new development will bring a 40% increase in Residential Units across Winter Park and Fraser▪ Hideaway Station (98 units)▪ Roam (1000 units permitted, 400 hotel)▪ Arrow at Winter Park (56 units) ▪ Grand Park (245 units)▪ Rendezvous (139 units) ▪ Trailhead lodges (96 units)
New Commercial Developments ▪ Hideaway Station (40,000 ft2) now leasing final
phase▪ Roam (70,000 ft2) – over the next ten years▪ Arrow (21,000 ft2) - over the next five years
Ski Resort TownLargest to Smallest
Taxable Sales 2015
Taxable Sales 2016
Percent Change Estimated Visitors for 16-17 Season
Estimated Taxable Sales per visitor for 2016
Vail 389.9 m $370.6m 4.9% decrease 1,732,000 $213.93
Aspen $331.2m $351.3m 6.1% increase 1,590,000 $220.94
Winter Park 62.2 m $66.2m 6.4% increase 1,100,000 $60.11
Steamboat Springs $259.1m $266.7m 2.9% increase 979,000 $272.42
Breckenridge $279.9m $287.8m 2.8% increase 1,697,000 $169.61
Telluride 60.5 m $63.4m 4.8% increase 507,000 $125.13
Crested Butte $28.1 m $30m 6.8% increase 384,000 $78.17
Winter Park has the lowest taxable sales per visitors for 2016, but is expected to grow and reach parody with other Colorado Resorts
For references and information on derived estimated figures please see following Excel Sheet in Google Drive
Grow Your Business in Winter Park
■ Prime Retail Space ■ Hwy 40 Frontage■ Anchor Restaurant & Grocery Store
– Fireside Market– Upscale fast casual restaurant on ground
floor
■ 98 residential units located on site ■ Mountain modern architecture
– Most recent build in Winter Park– Largest retail development in history of
Winter Park Town
■ 40,000 ft2 commercial space– 34,000 ft2 already leased
■ Direct access to The Lift transit system ■ Surface and garage parking■ Landmark building
– Attracts Hideaway Residents, Winter Park population, and year round visitors
Why Hideaway Station?
67 miles from Denver, 2 miles from the Winter Park Resort, frontage location to Highway 40.
Highway Frontage Location
Ideal Downtown Location■ Best-in-Class Commercial Space ■ Anchor grocery store (Building A),
opened end of December 2018 ■ Anchor fast casual restaurant
(Building H, Opening in May of 2019)
■ New retail locations opening May 2018 to June 2019
■ Right hand side of Highway 40 going towards Fraser, frontage location
■ 3.5 million visitors to Grand County in 2017
■ High density location with year-round residents
Hideaway Station Site Plan
Building A Fireside Market■ Opened end of December 2017■ Only grocery store in Winter ParkBuilding B Retail Space■ real estate company, home furniture company,
liquor store■ Opened June 2018 Building C & D Residential ■ 42 finished housing units with year-round residents ■ Completed Nov 2017 Buildings G & H Terminal North and South Residential and Commercial■ ONLY 6,000ft2 of 12,000ft2 retail space left■ completion: November and December 2018 ■ 24 market rate condo units
Hideaway Station Overview
Building E Riverside Residential ■ 34 luxury condo Units■ Finished August 2019
■ Highway 40 Frontage – Hwy 40 is the main access point for all
visitor traffic
■ Modern Mountain build■ Awarded Governor’s Award for Best Addition
to Downtown in Colorado ■ Low CAM charges■ Commercial Ground Floor, Residential Above
– 12,000 ft2 commercial space combined on ground floor
– Only 6,000 ft2 Retail Space Left– 24 luxury condos
■ Storage space available for commercial rent in basement
■ Can be leased in increments of 1,500 ft2
The Opportunity — Terminal North or South
LEASEDAVAILABLE
LEASED
AVAILABLE
Tap Into Winter Park’s Growth
Growth in Winter Park▪ Fastest residential growth out of any ski town
in Colorado ▪ Retail demand increase by 11.2 % over 5
years▪ $23 million in retail growth by 2023 in Winter
Park ▪ 4.1% average annual increase in sales tax
revenue growth over past ten years▪ 40% increase in residential units across 6
major commercial and residential developments underway in Winter Park
Winter Park Resort▪ 3rd largest resort in CO and growing▪ Voted America’s Adventure Town in 2017▪ Only ski resort accessible by ski train directly
from Denver International Airport▪ $28.2 million in recent infrastructure
investments at Winter Park Resort by Alterra
Terminal North and South
Location ▪ Downtown Winter Park, 67 miles from Denver, 2 miles from Winter Park Resort
Best-in-Class Commercial Space for Lease▪ Anchor grocery store (opened December 2018) and restaurant (opening June 2019) in increments of
1,500ft2 or 3,000 ft2 ▪ Modern and energy efficient build▪ Ideal highway frontage location
Available for Lease▪ Only 6,000 ft2 remaining ▪ Available in 1500 ft2 increments
Chip Besse [email protected]
970-531-3174
For more information on this Best-in-Classcommercial space, please contact: