LAKE CAMP- JUST ADD WATER

Here's something that has whetted my curiosity. Of the two lakes/impoundments Royal Gorge LLC is proposing to build  smack in the middle of the current cross country ski resort, one (east) is utilitarian, for storage of water piped up from Serene Lakes, and the other (west) is for recreational use. By the shores of Gitchegume (west lake, and apologies to Longfellow) will stand, if Royal Gorge LLC's promotional literature given to potential investors is accurate, a private club house (think yacht club, and crisp gin and tonics), which will become a private cross country ski lodge when the snows fly. Buyers presumably will clamor to buy into a community with such an amenity.

If you look at Table Q, 10.0 Implementation, of Royal Gorge LLC's specific plan,you'll see that in Phase One, they're planning on building a whole lot of condos, townhomes, duplex cabins, and homesites- and a hotel lodge.  Also, this is the phase where they plan to raise the dam on Serene Lakes to capture "spillwater".  What they don't plan to do is build those two planned lakes- they're saving that for Phase Two- some years later (maybe as many as 6).

Ever receive one of those generic glossy ads for a "Family legacy cabin in woods championship golf course dock ski amenities you deserve this" development in the mountains, by the seaside, in the desert? Of course you have, and it's very likely you tossed it without reading it- but if you read the whole thing, and got past the private restaurant with world class chef, and the other enticing details, you'd notice the asterixes at the bottom preceding the fine print  ***subject to change without notice***

Here's the question.  What buyer would purchase Lake Camp property when the lakes are just a glimmer in Royal Gorge LLC's eyes?  Why is Royal Gorge LLC waiting to build their lakes until after phase one is completed, and presumably units are sold? Won't buyers worry the lakes are *subject to change without notice*?  In fact, are these impoundments completely impractical in terms of the permitting required for construction, and are they just putting them out as placeholders for "we really don' know where our water is coming from?"

Finally, why would Royal Gorge LLC want to make those eager buyers who bought in phase one endure 2 to 3 years of messy, noisy lake/impoundment construction? Note to buyers- wait until you see the water sparkling in those two impoundments/lakes/mirages if you don't want to have your hopes for a romantic canoe ride dashed.

As to Lake Camp- just add water- it's kind of hard to add water to lakes that don't exist.  It may be just as hard to sell lakeside property to folks when the lakes are still a figment of someone's imagination.