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Snowmass Base Village review kicks off

February 3, 2015 by ecavarra Leave a Comment

Snowmass Village, Colorado:

Here we go again.

Related Colorado, now the developer of Base Village, made its first formal presentation Monday of the changes it is proposing for the stalled project, originally approved by the Snowmass Village Town Council in 2004. When giving the company’s master-plan goals for the application, Dwayne Romero, president of Related Colorado, named moving the project forward again at the very top.

But he acknowledged that it’s not as simple as that.

“As staff has said in the past, there’s an opportunity here to strengthen (the project),” Romero said.

Romero named several other goals — some, like adding lodging, that are based on the challenges posed currently by the unfinished development. Other goals are attracting and retaining visitors, strengthening Snowmass’ family-friendly reputation and helping it become the No. 1 mountain resort in North America, Romero said.

Romero next outlined Related’s master-plan objectives for Base Village, starting with diversifying the real estate offerings and incorporating more recognizable brands. Originally approved for more than 600 unbranded, wholly owned condos, Base Village as now proposed would offer a mix of fractional units and hotel rooms as well as a few wholly owned residences.

In addition, Aspen Skiing Co. is proposing to open a Limelight Snowmass hotel where one of the condo buildings is approved, and Sunrise Co., which owns the Dancing Bear Aspen, has plans for a private residence club complex in Buildings 6, 7 and 8. Buildings from later phases, while as yet unbranded, will likely become so, Romero said.

“I will predict this: … we’ll have future conversations as we get closer to those buildings about how we can brand them to strengthen the likelihood of them being successful,” Romero said.

Another objective is enhancing community facilities, including an aquatic center that has already become a sticking point for the Town Council. In November, the elected officials denied a request from Related to waive the first step in the land-use review, primarily so they could spend more time exploring that use.

Read Full Article from Jill Beathard: http://www.aspentimes.com/news/14902751-113/snowmass-base-village-review-kicks-off?utm_source=swift_rss&utm_medium=rss&utm_campaign=rss-referrals&utm_section=News

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News, Snowmass Club

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Erik Cavarra

Erik Cavarra

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(970) 923-0817 Office
(970) 618-9733 Cell
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