Monarch on the Park is one of Aspen’s newest developments in Aspen’s Central Core. Built as part of the Limelight Lodge’s redevelopment, Monarch on the Park consists of 14 condos, all with beautiful, contemporary finishes. (more…)
The Roaring Fork Valley was not immune to the recent economic strife that has been felt throughout the country, but recent activity gives hope that the bottom has been reached mid-valley. Shadowrock Townhomes, a townhouse project located mid-valley in El Jebel, was recently sold to another developer with high hopes of completing the project in the next 40 months. (more…)
UPDATE: the sale of the Limelight Lodge was official on April 13th, 2010. Aspen Skiing Co. purchased the property and hotel operations for $37.9 million. Retaining 97% of the employees who wished to stay, Aspen Skiing Co. also hired a new General Manager. Richard Stettner from Denver will be taking over the leadership position for this property.
In addition, two of the three penthouses are under contract and are scheduled to close by June, 2010.
A new ownership group purchased the Lodge at Aspen Mountain last week for $15 million, according to Pitkin County public records. The proposed hotel site received a lot of attention over the past five years, along with the revitalization of the Lift 1-A area of Aspen. (more…)
The City of Aspen has been seen as an opponent to development in recent years, with more rules and regulations for building and less exceptions to those rules. As reported in The Aspen Times this week, Aspen City Council unanimously voted for a new option to help builders comply with the affordable housing regulation, which will hopefully spur new development in the City of Aspen. (more…)
It’s official – Whole Foods Market has signed a new agreement to open a store at Willits Town Center in Basalt. No details have been released yet regarding the store size, the terms of the agreement and the projected opening date, although a source says more details are expected to be released this week. (more…)
The National Association of Realtors has reported that its pending home sales contract index increased 1% in December and is 10% above December 2008. This is good news on a national level, as well as on a local level. Aspen has seen activity increase, especially in the West End and The Residences at The Little Nell. (more…)
Since its completion in November 2009, Viceroy Snowmass has been a shining star for Snowmass Village. The restaurant has received great reviews and the free monthly pool-side parties have been a hit for locals and visitors alike. Now, Viceroy Snowmass is even more attractive with the new pricing structure. (more…)
The 289-acre property that has been known by several names over the last decade, including Sanders Ranch, Bair Chase, Cattle Creek Crossing and Cattle Creek Colorado, has a new owner and name as of last week. The property is now called “Riverbend” and was purchased by Carbondale Investments LLC, for $15 million from the Garfield County Public Trustee. (more…)
This winter season in Aspen and Snowmass Village began with two amazing hotels opening for business. Viceroy Snowmass and The Little Nell both cater to the Aspen traveler looking for fantastic ski-in/ski-out access and luxurious accomodations. (more…)
