Existing approvals allow for summer 2015 start WRITTEN BY: Madeleine Osberger/Special to the Aspen Daily News Aspen Skiing Co. is poised to start work in 2015 on the approximately 100-room Limelight hotel in Idaho after the planning commission this week approved changes to the building’s roof shape and parking structure. “Our intention is to start as soon as we can this summer,” said Don Continue Reading
Archives for February 2015
Snowmass Village condo complex wins land-use fight
Attorney wanted to build a residential complex on the entrance to Woodbridge A Snowmass Village condominium association has prevailed in its legal fight with an Arizona attorney who claimed ownership of a small parcel of land at the entrance of the housing complex and sought to build a multi-family residential complex. The Woodbridge Condominium Association in 2012 sued Richard Cole’s Continue Reading
Colorado resort real estate sales topped $6 billion for 2014
As hot as the Aspen-area real estate market was in 2014, it wasn’t the hottest among top Colorado mountain resorts, according to a new report. Land Title Guarantee Co. examined Pitkin, Eagle, Garfield, Grand, Summit, Routt and San Miguel counties as part of its annual review of ski-country real estate performance. It found that only one area topped Pitkin County in terms of gross sales volume. Continue Reading
Different decade, same questions haunt Base Village
Commissioners will continue review until Feb. 25 SNOWMASS VILLAGE — In the original review of the Base Village application undertaken more than a decade ago, elected and appointed officials conducted extensive studies, surveys and site visits before approving a project that was supposedly “just big enough.” Too much commercial activity could create cannibalism among business owners, Continue Reading
Mountain Sage Unit A3 Closes: This is the final sale for the project..
Carbondale, Colorado: Erik Cavarra has just closed the 12th and final Unit of the Phase II of the new construction for the Mountain Sage Townhomes. This sale marks the 20th sale for Cavarra within the Mountain Sage Townhomes. A project that was once in foreclosure is now 100% sold out. Property Type: RES w/Improvments Townhouse Address: 933 Main Street Unit A3 Carbondale, CO Continue Reading
For Love of Aspen: Real Estate Article Vanity Fair
On major holidays, a private plane lands or takes off at the Aspen airport every six minutes. The average Aspen house costs $2.7 million. Just what has made this Colorado mountain town so irresistible to Kevin Costner, Robert McNamara, Jack Nicholson, Goldie Hawn, Michael Eisner, and Prince Bandar, to name just a few of its A-list homeowners, as well as a cultural mecca for artists and Continue Reading
Aspen area’s real estate’s high note continues, with caution ahead
What goes up in real estate must come down, and the longest-running upward trend in sales and appreciation in 40 years of real estate history in the Aspen market has been six years. Last year was the fifth year of an “up market,” Aspen Appraisal Group’s Randy Gold said Wednesday at the Aspen Board of Realtors 2015-16 Market Overview luncheon at the Hotel Jerome. Roughly 150 real estate industry Continue Reading
Sky Hotel wins unanimous Aspen City Council approval
The Sky Hotel’s redevelopment application, which is absent any land-use variance requests or free-market residences, won unanimous Aspen City Council approval Monday during a meeting that ran just past midnight. The 90-room Sky Hotel, located at 709 E. Durant Ave., is currently 34 feet tall and 43,605-square-feet in floor area. On Monday, owner Northridge Capital won approval to scrape and Continue Reading
Hunt lodge concept wins unanimous Aspen City Council approval
With a stipulation requiring a long-term agreement on off-site parking, developer Mark Hunt won unanimous Aspen City Council approval for his Cooper Avenue lodge proposal on Monday. Hunt, who plans to replace the Cooper Avenue structure home to Domino’s Pizza and other businesses with a 44-room lodge, recently hatched a deal with the St. Regis Aspen Resort for 15 parking spaces. Though the Continue Reading
Hotel Jerome in Aspen changes ownership
Aspen’s iconic Hotel Jerome has a new owner. Houston businessman Dan Friedkin closed on his purchase of the Main Street lodge Monday following negotiations that begun in the fall. The seller was Chicago-based DRW Real Estate. The price of the transaction was not immediately available. The sale won’t translate into an overhaul of management, staff or operations, said Tony DiLucia, the hotel’s Continue Reading
