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KRED’s Davidson joins Keystone

KEYSTONE – The office hasn’t really changed. The boss is still half the same. And “the work is still the work,” Thomas Davidson said.

As of Feb. 17, the former planning manager for Keystone Real Estate Developments (KRED) is now working for Keystone Resort as director of development.

KRED is the joint venture of Intrawest and Vail Resorts that created, among other projects, the River Run Village at Keystone Resort. Davidson’s move is the latest change as both Vail Resorts and Intrawest adapt to changing market conditions and the economy. Intrawest regional vice president and KRED vice president Paul Stashick departed in December. Keystone Resort saw several management changes earlier in the ski season, including the transfer of resort chief John Rutter to Vail’s newly bought Wyoming resort.



Davidson said Wednesday he’s excited about the new opportunities the job at Keystone will offer, as well as the chance to see projects started with KRED come to a close.

“I get to stay in Summit County, which is great,” Davidson said. “And there will be some new things – but I don’t even know what all they’ll be yet.”



Davidson spent seven years with KRED and spearheaded the planning for development that has shaped the Snake River Valley in that time. KRED-originated projects in the Keystone area will continue, he said. The Seasons, a project in the Mountain House area, is in its second phase of construction. The Alders, a 23-lot project along Montezuma Road, is scheduled to begin sales March 1.

Davidson said any new projects will wait as the resort takes stock of “what we’ve done right in the past and what we’ve done wrong.”

“But it’s exciting,” Davidson said. “I’m going to get to work with Jack Wolfe (Vail Resort’s vice president for Summit County development), and there aren’t a whole lot of people like Jack in development.”

Davidson’s entry into the business of real estate development was unplanned, if not entirely an accident. A Kansas farm boy who initially studied journalism in college, Davidson graduated from the University of Kansas with a degree in political science and environmental studies. He joined Arapahoe Basin as a lift operator in 1985. After stints in Keystone’s recreation, food and beverage and leasing departments, KRED (formed before Vail Resorts took over Keystone and before Intrawest bought Copper Mountain) offered him a job.

“I told them you’ve got the wrong guy – I just didn’t know much about these things,” Davidson said. “But I wanted to have a hand in the resort’s future.”

Davidson is also active in the county as a board member for Early Childhood Options, which analyzes childcare needs and services in the county, and with local politics. He also still manages his family’s farm in Kansas.

Reid Williams can be reached at (970) 668-3998, ext. 237, or rwilliams@summitdaily.com.


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