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Vail Allocates $8.5M for Timber Ridge Employee Housing

Town of Vail logoTown of Vail
Disclosed value
$8,500,000
From budget
Document date
Jan 1, 2026
Term
2026 (one-time purchase commitment)
Renews
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The 30-second brief

What it covers

The Town of Vail is set to spend $8,500,000 in 2026 to purchase about 18 Timber Ridge Village units from Triumph Development West to increase employee rental housing as part of workforce retention efforts.

Who holds it

Triumph Development West holds this contract with Town of Vail. Its other public contracts on record include work for Town of Mountain Village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Vail contract.

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Contract details

Amount
$8,500,000
Document date
January 1, 2026
Term
2026 (one-time purchase commitment)
Renews
Free account
Vendor
Triumph Development West
Agency
Town of Vail
Source document
town_of_vail_2026_proposed_budget_capital_projects.pdf (Budget)

Triumph Development West's other public contracts

Town of Mountain Village, ColoradoTriumph Development West Engaged for Ilium Housing Consulting · Feb 19, 2026UndisclosedTown of Vail, ColoradoVail Continues $25.4M Timber Ridge Deal With Triumph · Jan 1, 2026$25.4MTown of Vail, ColoradoTown of Vail to Purchase Timber Ridge Community Housing · Jan 1, 2026$13.9MTown of Mountain Village, ColoradoTriumph Development Collaborating on Ilium Housing Pre-Development · Oct 16, 2025UndisclosedTown of Vail, ColoradoTimber Ridge Village by Triumph: 75% Under Contract · May 27, 2025UndisclosedAll Triumph Development West contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Town of Vail?

Triumph Development West was awarded this government contract by Town of Vail, as recorded on January 1, 2026. The contract value is $8,500,000.

How much is the Triumph Development West contract with Town of Vail worth?

The Triumph Development West contract with Town of Vail is valued at $8,500,000.

What type of contract is this?

This is a government contract, documented as a budget record.

Where was this contract approved?

This contract appears in town_of_vail_2026_proposed_budget_capital_projects.pdf (Budget), dated January 1, 2026 from Town of Vail. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Triumph Development West hold?

Triumph Development West may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Vail currently buying?

Explore Town of Vail's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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