Exploring the Future of Dillon, Colorado: A Waterfront Transformation

On February 21^st, the Town of Dillon’s Planning and Zoning Commission voted 3-2 in favor of moving forward on the Dillon waterfront redevelopment plan, spearheaded by local developer Jake Porritt. The project promises to breathe new life into the town’s waterfront area on Dillon Reservoir.  At the heart of the redevelopment plan is the creation of a vibrant waterfront district by transforming the 161,200 square foot site currently occupied by the Best Western and now closed Arapahoe Café into a 5 story, 485,000 square foot development featuring a mix of residential, commercial, and recreational spaces.

The Planned Construction

The proposed 626 Lake Dillon Drive Branded Residence will host 200 condominiums, 3 restaurants, retail space, and roughly 480 underground parking spots. Residential units will be available as studios, 1 bedroom, 1 bedroom with den, 2 bedroom, 2 bedroom with den, and 3 bedroom condominiums, with the average unit size of 1,006 square feet. Private investors will have the opportunity to purchase units for use as their second residence and vacation homes with a quarter annual stay potential, receiving an income from their brand managed rental. Owner amenities include the private pool, fitness room, a party room, and concierge station with proposed mail and package service. Additional highlights include over 29,000 square feet of balconies and a private 4,210 square foot rooftop terrace.

In addition to the new waterfront district, the redevelopment plan also includes improvements to existing infrastructure and upgrades to parks, trails, and public spaces. Plans for public amenities feature a rooftop terrace, bar, observation deck, and ground-level plaza. Designed to enhance Dillon's natural beauty, plans outline a strong emphasis on sustainability and environmental stewardship, with painstaking attention paid towards meeting the town’s existing aesthetics during the selections of building materials.

A Catalyst for Growth

The Dillon waterfront redevelopment plan is more than just a facelift for the town—it's a catalyst for economic growth and revitalization. Not only is the project expected to create jobs, attract new businesses, and stimulate investment in the community, but it’s part of Porritt’s broader goal to redevelop other areas of Dillon, including the stalled Uptown240 development he recently purchased and potential workforce housing in the town’s commercial district.

Embracing Change, Enhancing the Community

The project represents a bold vision for Dillon—one that promises to revitalize the waterfront area, creating a vibrant hub of activity adjacent to the already beloved amphitheater and marina. As Dillon prepares to embark on this exciting new chapter, it's clear that the town is committed to both progress and preserving Dillon’s close-knit community.

For more information on Dillon’s waterfront redevelopment plan and how to invest in a residential unit within the branded residence, please call Breckenridge Associates Real Estate at 970-453-2200 or reach out directly to your Broker.

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