Conservation and Community Benefit

Integral to the initial investigation into any new project or investment is the discussion of conservation and preservation of open space, as well as community benefit. Not only do we feel it’s the right thing to do, but it has advantages financially as it relates to conservation easement tax benefits and entitlement concessions. Colorado Golf Club and Clear Creek Tahoe both have significant open space preservation under conservation easements and the bulk of our residential vertical projects have made significant contributions to open space and community infrastructure impacts, including affordable housing. The Thunder Spring Residences project wrote the largest single check in the history of the City of Ketchum’s in lieu affordable housing fund and The Valley Club project was the first to offer to build on-site employee housing in Blaine County and make a voluntary donation to a park called Founders Field. The Harvest project has recently committed to significant offsite improvements to improve traffic flow in the City of Woodinville, Washington. In short, we partner with each community and its stakeholders to preserve and protect open spaces in perpetuity, enhance the built environment and contribute to needed housing, especially in resort communities where it is in dire need.