This is a easy one way trail to Hanging Lake in White River National Forest.
Starting May 1, 2019, the US Forest Service will start limiting access to 615 users per day with a fee-based reservation system as well as a shuttle service. There are only 110 parking spots in the parking lot and usually fills up by 7:30am during peak visitation months (Friday-Monday).
You can access the parking lot / trailhead one of two ways:
From Glenwood Springs, take the bike/pedestrian path east.
Vehicles are no longer able to drive onto the hanging lake exit. You must book a reservation through Glenwood Springs as there is a shuttle service. It picks up at the parking lot of the Glenwood Springs Rec Center which is right next to the community garden on Wulfsohn Rd.
Toward the end of the hike, there are very steep step-ups on the slippery rocks with a handrail - no fence to keep your children from getting rowdy and falling off the trail. If your kid can't stay on trail or has balance issues you really should not bring them.