Crested Butte Market Report, Year-End 2016

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CRESTED BUTTE NEWS

Area News Highlights October—December October 17—Town Council gives its approval for the lamp post at 212 Elk Ave to be painted red and the light to be changed to red to honor Red Lady and the long pursuit of the environmental protection of Mt. Emmons. October 19—Short –term Rentals (STRs) have been a hot topic this quarter and are ongoing through the new year. Town Council has been hearing different sides on the topic to determine if they should and how they should amend the regulations on STRs. November 9—Crested Butte Mountain Resort , one of 14 properties nationwide, will be sold to a New York hedge fund manager. Closing is expected to happen in the second quarter of 2017. December 28—Crested Butte Central School students are going to build a rental home that will provide housing for town employees.

Upcoming Events: January 11-15 January 26-29 February 4 February 23-26 March 3 March 4 March 18 March 31 April 9

Mountain High Music Festival, CBMR Fat Bike World Championships Alley Loop Nordic Race Prater Cup 4th Annual Miner’s Ball Colorado Crafted Ski Town Breakdown KBUT Soul Train/ Gore-Tex Grand Traverse Closing Day for CBMR & Nordic Center (970) 349–5007

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