New Steamboat gondola on tap
Construction of a new gondola at Steamboat Springs is scheduled to begin next summer.
Wildhorse Meadows developer Resort Ventures West is spending about $4 million on the gondola, which will start at the residential community located between downtown and the base of the mountain. It will take about five minutes for passengers to reach the base area.
The gondola should be finished for the 2009-2010 ski season.
Gates project in pilot program
A 40-acre mixed-use development on the site of the former Gates Rubber factory has been selected to participate in the Leadership in Energy and Environmental Design for Neighborhood Development pilot program.
The first phase, Metropolitan Gardens, being developed by Joseph Freed and Associates, will include 1 million square feet of retail space, Robert Redford’s fourth Sundance Cinema, two hotels, 610,000 square feet of office space, 850 apartments and 1,300 condos, as well as parks, pedestrian plazas and a major transportation hub with access to light rail.
Home-buying classes offered
The Colorado Rural Housing Development Corp. is offering homebuyer-education courses that offer tips for negotiating the price of a home, shopping for a loan, and establishing and maintaining good credit.
Research shows that homeowners who receive prepurchase counseling are more than 30 percent less likely to default on a mortgage than homeowners who do not get counseling. The classes will be offered:
Mortgage brochure updated
A brochure to educate homebuyers and those refinancing a loan has been updated to include information about adjustable-rate mortgages.
“Mortgage Loans,” first published in 2001 by the American Financial Services Association and the American Association of Residential Mortgage Regulators, contains worksheets to help consumers shop for the best mortgage deal and determine an affordable monthly payment. A glossary defines basic, but important, loan terms, such as annual percentage rate, finance charge, balloon payment and arbitration clause.
For a free copy, visit or call 888-400-2233.
Margaret Jackson: 303-954-1473 or mjackson@denverpost.com
