Breck Terrace is open for ski season |

Breck Terrace is open for ski season

Summit Daily/Reid Williams Tom Bauder, left, helps Robert Bauer unload the moving truck outside Bauer's new Breckenridge Terrace Thursday. The Airport Road housing complex was closed due to a mold infestation, but is now accepting tenants in some units.

BRECKENRIDGE – Vail Resorts won an expensive game of beat the clock this fall when it reopened its employee housing complex in plenty of time for ski season.Company officials evacuated tenants from Breckenridge Terrace, a 17-building complex on Airport Road, last fall when mold was discovered in nearly every building.

The company contracted for a comprehensive mold remediation project in April and was anxious to complete the work by this month and in time for the ski season.”We are thrilled,” said company spokeswoman Emily Jacob of the progress.Construction crews are completing finishing touches on the work. Eighty percent of the long-term units and 25 percent of the employee or short-term units are occupied, Jacob said.

The majority of the employee units will fill when international workers arrive for the season.Officials are still tallying the total remediation cost, which was estimated at $5 million to $7 million. A final amount is expected to be announced at an earnings call by company chairman and chief executive officer Adam Aron.

The mold problem emerged about a year ago in nearly all of the 5-year-old buildings. Mold grew when water leaked into the buildings around the foundations, windows, doors and roofs, according to company restoration experts. All of the approximately 90 tenants were asked to move out and the complex stood empty all summer while construction crews demolished interiors and rebuilt the units.The complex cost $20 million when it was built in 1999.

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