SP Land Co. filed for its Act 250 permit application for the first phase of the Killington Ski Village. Phase 1 includes the development of 193 condominiums, 9 single family lots, 23 duplex lots, 31,000 sq ft of retail space and 77,000 square foot base lodge. A separate Act 250 permit was filed for a 1,276 vehicle parking lot. Estimated cost for Phase 1 is $133,400,000. No specific time frame was offered but this is certainly great news for all property owners in Killington.