Dan L. Fitchett, Jr. and Richard B. Barnes are the principal partners of Eagle Resort Development, LLC. Although Eagle Resort Development is a relatively newly-formed entity, Rich and Dan have been associated with each other since 1994 – and offer a combined 44 years of experience in real estate development, marketing and resort construction.
Dan L. Fitchett, Jr.
Daniel L. Fitchett, Jr. was President and General Manager of Falcon Resort Development, Inc. in Beaver Creek Resort. He completed Elkhorn Lodge, a $44 million luxury condominium project of 52 residences in Beaver Creek Resort. Prior to this time, he was Vice President of the Vail Associates Real Estate division of the Vail and Beaver Creek Resorts, where he directed the corporate real estate activities of 40 realtors in six offices. Dan served on the Executive Board of Vail Associates, Inc., managed the sale of corporate real estate and land to real estate developers, and was involved with such acquisitions as Arrowhead, the Pines Lodge, Shearson Lehmann’s SaddleRidge Lodge in Beaver Creek, and the P.U.D. revision for Beaver Creek Resort.
Dan joined Cushman & Wakefield as Vice President and Branch Manager in November 1986 and in 1989, he assumed the position of Vice President of the Cushman & Wakefield Financial Services Group in Arizona. He has more than 25 years of experience in real estate development, brokerage, management, and entrepreneurial endeavors.
Before joining Cushman & Wakefield, Dan was an operating partner with Lincoln Property Company, a diversified real estate development firm with projects valued in excess of $7 billion in 97 U.S. cities and foreign countries. He formed their Colorado Commercial Development operations, directing its growth to include the development of 1.3 million square feet of industrial warehouse, R & D, and office showroom space. In addition, he was responsible for the purchase of a 223-acre business park, improved it with $12 million infrastructure, and obtained zoning for 6.5 million square feet of development.
From 1975 to 1981, Dan was president of a Denver real estate company involved with development, commercial brokerage, residential brokerage, and property management. During this time, the operation expanded from 25 to 250 employees. He developed, negotiated financing, and leased a 500,000 square foot downtown office building in which a 50% interest was sold to Metropolitan Life Insurance Company. Dan also developed a 168-unit high rise condominium in downtown Denver, purchased a 435,000 square foot office building, managed its $10 million renovation, and developed an 110,000 square foot shopping center.
Dan located in Denver in 1972 with Coldwell Banker’s commercial real estate division as vice president and resident manager of the new regional office. He was responsible for establishing the office, staffing the operation, directing training programs, and supervising the completion of permanent office facilities. While in this position, he was involved in the sale, leasing, and management of all types of commercial property.
Prior to relocating in Denver, Dan was sales manager of the Phoenix and Tucson offices of Coldwell Banker Commercial Brokerage.
A graduate of the University of Arizona with a Bachelor’s Degree in Business, Dan also attended the University of Arizona Law School.
Dan has been an active civic and business participant in Denver, Phoenix, and the Vail area. In Denver, he was a board member and officer of several groups including Downtown Denver, Inc., the Denver Boys’ Club, and the Denver Athletic Club. As president of the Denver Athletic Club, he was instrumental in the $5.2 million expansion of the club facility, accomplished a $500,000 retrofit of the facility, construction of a 306-car parking structure, and negotiated the sale of 62,500 square feet of historic air rights, in addition to obtaining all necessary government approvals. He was active in the Denver Country Club, the Metro Denver Executive Club, and the Denver Chamber of Commerce.
In Phoenix, he was involved with the Phoenix Chamber of Commerce, the Greater Phoenix Partnership, Inc., Valley Partnership, and the Phoenix Community Alliance.
Dan has been a guest speaker for various real estate organizations in Colorado and in Arizona. An established, active member of the Urban Land Institute, he has served on its Development Infrastructure & Services Council and is currently on the Resort Development Council. In Vail, he holds memberships in the Beaver Creek Property Owners’ Association, has served on the Vail Board of Realtors Ethics Committee, the Eagle County Leadership Coalition, Colorado Ski Country USA, and is a member of the Beaver Creek Club.
Dan L. Fitchett, Jr. Eagle Resort Development P.O. Box 3465 Avon, Colorado 81620 United States p. 970.845.8590 f. 970.349-1499 Dan@eagleresortdevelopment.com
Richard B. Barnes
Rich Barnes has been involved in real estate for nearly 20 years. Most recently he served as the General Manager and Partner of Grand Elk Ranch and Club, a 500-acre master planned community. Rich successfully led this project through re-entitlement, design and construction of a Craig Stadler golf course, and the completion and sale of 350 golf course home sites. For this project, Rich managed a project budget of over $50 million and guided the development to consumer sales of over $30 million.
Before joining Grand Elk, Rich was the Project Manager and Vice-President of Esperanza Resort, a five star hotel and vacation ownership development in Cabo San Lucas, Mexico. Rich was also Director of Sales at Cordillera Valley Club and a Vice-President with Landmark Organization, and has served as Vice-Chairman of the Eagle County Planning Commission.
Richard B. Barnes Eagle Resort Development P.O. Box 3465 Avon, Colorado 81620 United States p. 970.845.8590 f. 970.349-1349 Rich@eagleresortdevelopment.com
To conceive and build economically viable, amenity- and quality-driven projects
To prove an ongoing sensitivity to the mountain environments and communities that we are privileged to work and live in
To match the right team and right resources to each endeavor
To maximize efficiencies by deploying resources only as needed, and on a timetable designed to minimize costs
To maintain a streamlined organizational structure and demonstrate an efficient approach to project solutions and marketing strategy
To sustain an ongoing ability to adapt to our partners’ and investors’ objectives
To build and leverage positive, productive relationships
To enjoy our work
Eagle Resort Development • PO Box 1305 • Crested Butte, CO 81224 • Tel: 888-349-1349
