Joshua & Co. has opened it’s new downtown Aspen location at 630 East Hyman Avenue (corner of Spring & Hyman). This is our second Aspen location, with our original office still located at 300 South Hunter, and additonal offices located in Snowmass Village and Aspen Highlands.
Please come visit us – we are excited to be here!
A ruling for a court case filed in 2009 has 62 Snowmass Village condo-hotel owners walking away from their purchase contracts of the Viceroy Snowmass project with full refunds. Although the defendents could appeal to overturn the ruling, this means a loss of $13.7 million in revenue seen by the project. But it could also mean more rentable rooms in the hotel’s current inventory. (more…)
Prepared by the Aspen Board of Realtors, The Observer is a rundown of the government and business activity over the last month, with particular focus on issues and items that are important to the Aspen and Roaring Fork Valley Real Estate community. (more…)
As of September 29th, 2010, the St. Regis Aspen was sold to a Delaware corporation for $70 million, but the management of the property will be with Starwood Hotels for another 50 years. (more…)
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…)
