Ski town for the rich and famous builds $189M locals-only homes as they rage against ritzy tourists pricing out residents
- Posted on September 11, 2026
- By Daily Mail
- 1 Views
- 1 min read
Colorado's prestigious Vail resort community addresses an escalating affordability crisis by investing $189 million in the Southface development, exclusively designed for local residents. This groundbreaking initiative tackles the persistent challenge of housing accessibility in mountain destinations where property values have surged dramatically. The mixed-use complex, anticipated to launch in 2028, represents a strategic response to demographic shifts threatening community stability as wealthy tourists and investors continue reshaping the region's real estate landscape.
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