Granby, Colo.’s long negotiations with Sun Communities for a future RV park development drew to a close Tuesday (April 10) night after the final approval of a slew of action items during the town’s board of trustees meeting concluding a two-year process that started with the purchase of the Shorefox property in spring 2016, according to Sky-Hi News.
“It is tremendously exciting and rewarding to see this vision realized,” Granby Mayor Paul Chavoustie told Sky-Hi Wednesday morning. “This was a leap of faith. We calculated a lot. But it is wonderful to see it all come together and I truly believe it is in the best interests of the community.”
After Tuesday’s meeting, Sun Communities is now the official owner of roughly 300 acres of land on the Shorefox property. The final closing date of the sale will be 30 days from next Thursday.
The town purchased the original 1,500-acre Shorefox property for $4.5 million in 2016 and has sold the 300-acre segment to Sun Communities for a total of $5.25 million. According to town officials, Sun Communities plans to spend somewhere between $50 and $80 million on the future RV park, to be called River Run Ranch.
Town officials said Sun Communities stills has to obtain construction permits and other requirements before work on the project can begin, but the company expects to break ground sometime this summer. Construction on the property will likely continue through 2019 with a resort opening date anticipated sometime in 2020.
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