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Commercial, Residential, and Historic
Property Development

challenging sites

Challenging Sites

challenging sites

World-Class Projects

challenging sites

Unexpected Locations

Current Project: Assisted Living Facilities

assisted living facilities
Projects currently under development include a series of Assisted Living Facilities in Vermont, Colorado, and Maui, Hawaii. The team, which includes 4240 Architecture, Denver, CO, will develop, build, and own the first three sites. Additional locations are under consideration.
 

Developer

Byron Hathorn (Rio Blanco Corp, Principal, Vermont) brings 30 years of development experience, spanning high-end rural and urban residential projects, commercial sites.  His expertise includes master planning, site development, collaboration with town, state and federal regulators, financing, construction oversight, and facility pre-opening strategies, guiding projects through final occupancy.

Lead Architect

Louis Bieker (4240 Architecture, Principal, Denver, CO) adds communication and leadership skills to expert architectural planning, design, and implementation of his company's highly visible and complex projects. His experience ranges from museums to transit projects, from higher education facilities to mountain-resort planning an ddesign.
www.4240architecture.com

Architect, Programming
& Facilities

Rio Blanco is currently under agreement with LCS Senior Living Communities as the operator of the Village at White River Junction. LCS is a nationally recognized operator and developer of Senior Living, Assisted Living, Memory and Nursing Care facilities. They were selected as the operator because they are ranked within the top 10 percent of senior assisted living operators. This ensures that they will provide excellence in quality of care and management and the ability to maximize occupancy. Additionally, LSC was selected because they operate nationwide, including the states that Rio Blanco has identified for future sites (Colorado and Hawaii).
www.lcsnet.com
 

Portfolio

WRJ Lofts

WRJ Lofts

Developer of Rio Blanco's loft-style condominium units in White River Junction, VT. The 5-unit development is located atop Bridge and Main, an innovative mixed-use building. Each loft apartment offers river views with contemporary living in the heart of the historic village.
Lionshead Arcade

Lionshead Arcade

Owner and Equity Partner in the master plan and redevelopment of a mixed-use commercial and high-end residential property located in the heart of Lionshead Vail, CO. The pedestrian courtyard includes the access point for the gondola to Vail Mountain Ski Resort.
White River Junction Railway Station

White River Junction Railway Station

Owner and developer of the fully restored historic White River Junction, VT train station, Originally built in 1937 and operated by Central Vermont Railway and Boston & Maine Railroad, the building now serves as a mix of commercial businesses while continuing to function as a major Amtrak station and housing a State of Vermont visitors' center and the community planning agency Vital Communities. An iconic classic American train station, it is the only operating train station in America that is privately owned.
Main Street Renaissance

Main Street Renaissance

Managing Partner and Co-Owner of a micro urban site in White River Junction, VT. Lead Partner in the master planning and redevelopment of the area, including acquisition of the historically significant Miller Auto (oldest Cadillac dealership in America) for a major regional theater and redevelopment of the pinnacle downtown block, including the Hotel Coolidge. Owner of a one-acre site under development by Rio Blanco Corp. and partners for an assisted-living facility.
 

Principal

Byron C. Hathorn

Byron C. Hathorn

Byron Hathorn is a real estate developer who specializes in the planning and development of properties and buildings within the context of their communities. Driven by a philosophy of contextual development, he focuses on adding value to the existing communities through acquisition and development of properties in challenging sites and unexpected locations that have strong demand for additional inventory.

As president of Rio Blanco Corp., he brings expertise in master planning, market analysis, site development, and collaboration with town, state and federal regulators. Through general and limited partnerships, he facilitates financing, including mezzanine funding.
He provides construction oversight and facility pre-opening strategies to take projects through final occupancy.

Early in his career, he founded SITA Construction Company, which was primarily focused on developing residential homes positioned for high-end buyers in the Upper Valley region of Vermont and New Hampshire.

In the 1990s, he bought and restored a historic, operating train station in White River Junction, Vermont. Through his leadership on the project, he was appointed concurrently to both the Vermont Transportation Authority and the Vermont Rail Council of the Vermont Agency of Transportation by Democratic Governor Howard Dean and reappointed by Republican Governor James Douglas. Byron served both governors and the State of Vermont, promoting and supporting the state's investments in passenger and freight rail programs.

During this period, he negotiated the purchase of a large downtown parcel of land, also in White River Junction. A portion of the site was sold to a large regional theater company; retaining the theater spurred street traffic by bringing over 40,000 visits to the downtown area each year, primarily in the evening hours.

This resulted in a town-wide rejuvenation and parallel redevelopment efforts by multiple parties and encouraged the theater company to construct a new state-of-the-art theater at the site.
Rio Blanco and its partners retained a one-acre parcel in the micro urban core for future development.

Rio Blanco's redevelopment of the train station encouraged a swell of significant development and helped revitalize the downtown, creating a demand for more residential properties. Byron's experiences led him to believe that the once-vacant downtown could support high-end residential properties. He developed the WRJ Lofts - sleek, modern condominiums centrally located in the downtown core. The successful development and sale of the loft properties allowed him to test the market in advance of a major development of the other site.

A world-class team has partnered with Rio Blanco Corp. in the development of three assisted-living facilities, the first of which will break ground on the downtown White River Junction site in May 2015. All three projects, in White River Junction, VT, Durango, CO and Maui, HI, are concurrently being developed.
 

FAQ

What kind of development do you do?

Byron Hathorn and Rio Blanco Corp. focus on mixed-use commercial development projects, high-end residential projects, assisted living, and memory care projects in Vermont, Colorado, and Hawaii.

Who do you partner with?

Rio Blanco Corp's and Byron Hathorn's partners have included: Norwich Partners, Main Street Renaiisance, LLC, 4240 Architecture, Barett Architecture, BW Productions, Vermont Rail Systems, Hotel Collidge, State of Vermont, Railroad Row, LLC.

Do you do assisted living?

We are presently developing our first assisted-living facility in White River Junction, VT. Two additional assisted-living & memory-case facilities are in development in Colorado and Maui.

Do you do memory care?

We are presently developing our fist memory-care facility in White River Junction, VT.

Do you do Financing?

Rio Blanco Corp. and Byron Hathorn have provided financing for projects in Vermont, including Railroad Row, LLC, Main Street Renaissance, LLC, Hotel Coolidge.

Equity partnerships have included WRJ Lofts, VT; Lionshead Arcade, CO; Main Street Renaissance, LLC, VT.

What projects have you done in Vermont and New Hampshire?

Byron Hathorn was President of SITA Construction Co., which built custom homes in the Upper Valley, including Norwich, Hanover, Lyme, Thetford, Hartford, Lebanon, Hartland, and Quechee. Rio Blanco has been involved in commercial projects in Vermont and Vail, Colorado. Historic restoration projects have included the historic White River Junction Train Station, as well as many residential historic preservation projects in the Upper Valley.

Who do you work with?

We work with professional design teams including 4240 Architecture, Barrett Architecture, SVE Associates, Harper Environmental, Estes & Gallup Builders, and The Design Studio. We partner with like-minded groups to further our goals of innovative, sustainable, and integrated commercial building projects that fit into and add to the downtowns in which we participate.

Do you work with Federal, State, Town Planning, Zoning agencies for permitting?

Rio Blanco is intimately involved in all aspects of permitting and entitlements for all its projects.

Do you do Master Planning?

Rio Blanco Corp. and Byron Hathorn have been involved in master planning of communites in White River Junction, VT and Vail, CO.

What projects have you done in White River Jct.?

Rio Blanco is proud to have owned and restored the operating train station into a handsome, bustling commercial property that is home to four operating railroad companies and the Vermont Welcome Center, as well as Vital Communities. Rio Blanco Corp. is also owner and co-owner of several other projects in WRJ. From developing the Lofts on Railroad Row, to ownership in the Hotel Coolidge, and the Miller Automobile Company property, we are heavily involved in the continuance of vital economic redevelopment of one of the many neighborhoods of the Upper Connecticut River Valley.

Where can I learn more about the train station?

www.greatamericanstations.com/Stations/WRJ

Where can I learn more about the Lofts?

www.wrjlofts.com

Who are your architects and designers?

www.4240arch.com
www.barrettarchitecture.com
www.dpfdesign.com


 

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