Thursday, April 06, 2006

DURANGO HERALD: "Ewing Mesa Land Goes for $40M" Wow! Looks like the big boys have found us. For those of you who don't know Ewing Mesa is a 1,965 acre tract that lies between Durango and the new hospital development in Grandview. Durango officials approved the Ewing Mesa Area Plan in 2004. The plan envisions a mini-city with houses, parks, schools and commercial development on the mesa above Highway 3 and south of Horse Gulch. The purchaser, Denali Partners LLC, based in Minneapolis, is currently in a 60 day inspection period. A senior city planner is quoted as saying the development will not occur soon. Our view is no one lays down $40 million and just sits on it. If this deal goes through look for the development wheels to start turning.

http://HomesInDurango.com / http://RealEstate-Durango.com

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