February 17, 1972 – Ouray’s first condominium units will be built this spring. Construction will begin soon on the Krisken Chalets, 36 condominium units, where the Elvan Marshall family formerly had Elkhorn Stable and Outfitters, about one mile north of the swimming pool on Highway 550. Kenneth C. Karr of Ouray and Louise C. Ridenour of Colorado Springs are partners in the new venture. Karr said 12 units will be built first, and when those are sold, the other units will be built 12 at ...