Ginn’s Minturn Project May have Merger Partner and Name Change

Residential golf course community Cordillera tells its property owners it is considering coming together with Bobby Ginn’s Vail Mt. project in Minturn. Lubert-Adler is the common denominator.

Palm Coast, FL – August 12, 2009 (updated) – Bobby Ginn’s company recently lost its bid to secure water rights for its planned private golf and ski resort near Minturn CO. Now, a potential merger with a nearby golfing community and a possible name change may be in the works. A Colorado Independent report today tells that residential golf community Cordillera has notified its property owners that it is in talks with Ginn. [full story]
In a letter detailing future expansion plans, "Cordillera would participate in the proposed 1,700-home project and could lend its name in a re-branding effort," according to the Colorado Independent. "Both the new ‘Cordillera Mountain’ project and the existing Cordillera community – with four golf courses in the Vail Valley – share a major financial partner: Philadelphia-based real estate investment company Lubert-Adler."
Ginn’s late 1990s rebirth in Florida gained headway when he became financially wedded with Lubert-Adler. Now the marriage is on the rocks. The GINNdom is unraveling. Ginn no longer operates the several communities and resorts. Lubert-Adler brought Reynolds Communities, Noble Investments and others in as the new operators. Two South Carolina communities, Cobblestone Park near Columbia and RiverTowne near Charleston reportedly are under contract with new buyers.
Now, Lubert-Adler appears to be bringing its two troubled Vail area investments together. Will two wrongs make a right? Or will it take three?
Ginn spokesperson Ryan Julison responded to this news report with the following comment: "We are not currently in discussions with Cordillera regarding any merger or partnership.  However, we have had conversations with numerous parties who are interested in being part of this development and we will continue to do so in the future.   Our primary focus is working with the Town of Minturn and other regulatory agencies to continue to move this project forward." has since received a copy of the communication to members from Cordillera. [Click here] to read it.
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1 reply
  1. Joel Kaye
    Joel Kaye says:

    Inaccuracy of article

    Th Cordillera homeowners and property owners have the own Metro distrct and homeowners association. Only a fraction of homeowners or property owners are members of the golf club.
    The entity referred to in your column is the Cordillera golf club which is a privately held company owned by the Whilhelm family and in is no way associated with the metro distrct or the homeowners association.

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