Alpine Lake Lodge Bridge Funding Moves Forward
I have had the privilege for the last 3 years to have partnered with the land owner of the Dillon, Colorado site of the former Al Lago Restaurant. In those 3 years we have had a new development approved for this 1 acre site. The name of the project currently is “Alpine Lake Lodge”. We are applying to the Town of Dillon for a name change to “Colorow Point”. The name change is being made to facilitate mortgage funding for the residential portion of the development. The word “Lodge” is evidently unacceptable to the financial community.
We are currently seeking early investors to provide funding for the bridge portion of the project. The owner / developer is offering condos in the project at half cost. Yes, 50% of the cost of a new condo in the project. Details are available by contacting me, Tom Harmon, at tpharmon@earthlink.net or by phone at 970-389-5547. The bridge funding will provide for costs to the Town of Dillon, marketing materials, a site demo center, demolition of the current building, and marketing costs. A complete investor package is available to interested parties. The investment involves a cash investment at the time of placement of the Special Investor funds (soon).
More details on the project can be seen at www.colorowpoint.com or www.alpinelakelodge.com. Complete, priced drawings are also available. This is a unique opportunity to own a condo in Summit County and a great investment opportunity.