Overview
Keen-Summit Capital Partners LLC has been retained as the exclusive real estate broker for the bankruptcy sale of Gunnison Rising, a fully entitled, multi-phase, 585-acre mixed-use development in the City of Gunnison, Colorado. Known as “the last great mountain town”, Gunnison is a community of ~6,560 full time residents, is the county seat for Gunnison County and is a gateway to the greater Gunnison Valley and the nearby ski areas of Crested Butte, Mount Crested Butte and Crested Butte South.
As a shovel ready, fully entitled, master-planned mountain town community ripe with opportunity and natural beauty, Gunnison Rising presents a once in a lifetime opportunity to help shape the future of the entire Gunnison Valley. One of the largest land opportunities in Western Colorado — the project offers a master-planned framework for 1,700 residential units and 920,000 square feet of commercial, hospitality, and industrial space directly adjacent to Western Colorado University and Gunnison-Crested Butte Regional Airport, and ~28 Miles from the Crested Butte Mountain Resort.
The City of Gunnison has prioritized this corridor as the centerpiece of regional growth, leveraging Gunnison’s strong tourism economy, higher education base, and outdoor recreation appeal. Anchored by year-round demand and supported by public investment, Gunnison Rising is poised to become one of Colorado’s most dynamic live-work-play communities. As housing prices and demand in Gunnison continue to rise - with a median sale price of over $630,000 and an average sale price of over $700,000 - the need for expansion is widely recognized, with Western Colorado University, Gunnison County, and the City of Gunnison all voicing their full support for the project.
Investment Highlights
Gunnison Rising was designed to create the ultimate work-life balance alongside the endless amenities Gunnison Valley has to offer - with walkable trail-oriented neighborhoods, every home within a short walk to a park, easy access to Tomichi Creek State Wildlife Area, a regional trail connection from Hartman Rocks to Signal Peak, an events center, a “Makers District” for entrepreneurs and business growth, a “Government Campus”, and an RV & Glamping Resort.
The property is being sold pursuant to an order of the US Bankruptcy Court, with offers now being considered in whole or in parts.
The project consists of:
- A 585+ acre shovel ready, fully approved & entitled acre Master Planned Development along both sides of Hwy 50
- Approved for 1,700 residential units + 920,000 SF commercial/hospitality/industrial
- 7 Metro Districts approved with ~$245 M bonding capacity providing access to tax-exempt financing
- A 337-acre IRS designated Opportunity Zone
- Phase 1 substantially complete with sold lots and constructed FedEx & BLM offices
- Adjacent to Western Colorado University, Gunnison-Crested Butte Regional Airport and minutes to downtown Gunnison
Area highlights include:
- A significant demand for work-force and market rate housing
- Supportive and pro-active local government and businesses
- Neighboring Western Colorado University planning to increase enrollment
- ~28 miles from Crested Butte Ski Resort, ~200 miles southwest of Denver
- 2 million acres of recreation land for hiking, skiing, mountain biking, fishing, etc.
Once completed, Gunnison Rising is set to deliver on its promise of fulfilling the strong demand for work-force and market rate housing, commercial services, and long-term economic vitality to the Gunnison Valley.
Photo Gallery
Sales Team
