Living: Gentrifying a Mountain Paradise

"It's about the most beautiful place on the planet," says a new resident, Megatrends Author John Naisbitt. When Bicycle Fortune Heir Richard Schwinn moved in eight years ago, he recalls, "it was like paradise." But perhaps not for much longer. Laid-back little Telluride, Colo., remote hideout for a smattering of the trendy rich and uncrowded preserve of ski connoisseurs, seems about to be discovered. The hills are alive with the sound of condo construction; resort developers are poised on their bulldozers. And a big part of the reason is that the hippies who crash-landed there in the '70s have changed. Says...