Aspen, Colorado: Development, Lodges
If officials in City Hall like what they see in developer Mark Hunt’s proposals to redevelop five properties downtown, it will be full-steam ahead for the Chicago transplant who has amassed more than $100 million worth of real estate in Aspen in the past few years.
He unveiled plans last week for two affordable lodges on opposite ends of the commercial core, along with the redevelopment of three properties that will house retail operations. He is scheduled to go before the city’s Historic Preservation Commission today during an informal work session. He is not required to have the meeting, but said he is voluntarily showing his cards to the community in this venue.
“I am hoping to get some feedback on whether this is a plan they can support,” Hunt said via email, answering a series of questions from the Aspen Daily News. “I’m excited about all of the buildings, but it’s a good opportunity to see if we share the same vision.”
He plans on filing all of the proposals as land-use applications at once because he views them as one portfolio.
“The individual properties are all related on some level, so I plan to file them together,” he said, adding that he welcomes review by Aspen City Council.
Council members will likely review any decision made by the HPC, which has oversight because the properties are in what’s known as the Commercial Core Historic District.
“I look forward to sharing my plans with city council,” Hunt said. “I want them to be a part of this process.”
Mayor Steve Skadron first approached Hunt — who owns, through various corporations, at least 13 properties downtown — earlier this year about building affordable lodges. He discussed two properties in particular and what the price point would be in general.
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