Construction is set to start this year on a Four Seasons hotel and condo resort in Telluride, Colo., developed by Merrimac Ventures and Fort Partners. The $1 billion venue, slated to open in about two to three years, will include 52 guestrooms with an average rate of over $1,000 per night and 68 residences that will each be sold for more than $2 million. Hospitality Investor
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