Groundbreaking: One Riverfront Condo Development in Avon
One Riverfront, a luxury townhome and condominium development on the Eagle River at the base of Beaver Creek, has broken ground in Avon, on the last developable site at Riverfront Village in the rising mountain town of Avon. The first units will be delivered in the fourth quarter of 2022.
The new project by East West Partners, Batson-Cook Development Co. (BCDC) and EcoVest Capital is the capstone of Riverfront Village, a grand resort complex anchored by the Westin Riverfront Resort and Spa.Slifer Smith & Frampton Real Estate is the exclusive sales agent. Alpine Bank is providing financing. Patterson Real Estate Advisory Group served as the capital broker. Evans Chaffee is the general contractor, and Zehren & Associates is the architect.
The 13 townhomes and 40 condominium units connect to endless outdoor activities, first-class owner amenities, proximity to the riverside trail, and direct access to the Riverfront Express Gondola, which connects to the Beaver Creek ski resort.
“East West Partners is laser-focused on creating special places and they have outdone themselves at One Riverfront,” said Litt Glover, president and CEO, BCDC. “The views, amenities and premium finishes are just world-class and the East West Partners team are absolute experts in the Vail Valley. We couldn’t be more excited about this project and to be their partner”
“We truly value our partnership with BCDC and EcoVest Capital, and are thrilled to be partnering with them on One Riverfront’” said Jim Telling, Managing Partner at East West Partners. “Having their experience alongside ours is part of what will make this community great.”
The luxury townhome and condominium development will feature a resort pool and spa pools, complementary to the existing pool at the hotel. It will also have a rooftop bar and lounge on top of the condominium building offering towering views to Beaver Creek and the iconic Game Creek bowl in Vail. The One Riverfront amenities plus the full suite of Westin amenities including fitness center, Spa Anjali, and ski valet to name just a few, makes it unique from any other for-sale product in the Vail Valley.
The units will feature stunning finishes paired with welcoming, open floor plans designed for flexible living. Oversized operable windows will bring in generous amounts of natural light and fresh air, and ample decks extend living space outdoors.
Since 1986, East West Partners has developed and sold over $8 billion of residential and commercial real estate across the country. The firm is one of only two companies to have received three Urban Land Institute Awards For Excellence for their projects – Beaver Creek Village in Beaver Creek, Colo.; and Union Station Neighborhood and Riverfront Park, both in Denver