Corporate getaway proposed for Kenai Peninsula

Posted: Thursday, September 07, 2000

SOLDOTNA (AP) -- A Colorado developer is considering two sites on the Kenai Peninsula for a $7 million lodge complex for corporate retreats -- assuming he can find private investors willing to put up the money for the project.

''This is make-it or break-it time,'' said real estate agent Anthony J. Bartell of Beaver Creek, Colo., who is courting investors for Field of Streams LLC. He's looking at 48 acres near the Anchor River and 80 acres by the Kenai River as possible sites for his project.

''Different investment groups out of Florida are coming up here now. I'd like to have the investors secured in the next 120 days and the land under contract in the next 60 days.''

If investors sign on, groundbreaking could be in May, he said, and the lodge could open two years after that.

With 20 guest rooms, the lodge could accommodate up to 40 clients at rates of about $6,000 per week, he said. It would include corporate meeting rooms and connections for video-conferencing and computers.

He plans to open marketing offices in Vail and Aspen, Colo.

''Basically, the world comes to Vail and Aspen,'' he said.

Bartell is trying to attract 16 investors, with each buying $500,000 shares in Field of Streams LLC. That would raise $8 million to build the lodge and fund the marketing offices in Colorado.

One of the sites under consideration is 48 acres of oceanfront just south of the mouth of the Anchor River. The other site is 80 acres along the west shore of the Kenai River between Eagle Rock and the Pillars. That adjoins the state-owned boat launch, he said, and the site is big enough to isolate the lodge from surrounding development.

''I felt there was a need for a corporate lodge, one that would cater to the new millennium way of doing business,'' Bartell says. ''Alaska is populated with tourists, but the corporate market is not being marketed.''

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