In 2014 to date, the Aspen City Council has focused on four major downtown Aspen development proposals that could shape the town and commercial planning policies for years. A fifth project, the Sky Hotel, has just begun the City Council review and approval process for a significant and controversial expansion. Here is a synopsis of those projects with councilman interviews in the article.
Link to article by Karl Herchenroeder, Aug 11, 2014 AT
The projects are:
Hotel Aspen – on Main Street. The project is for hotel room number expansion and the construction of 3 free market townhomes to fund the lodge expansion
Mountain House Lodge – The owners have the right to teardown the existing active small independent lodge in order to build two high end single family Aspen Core homes.The Council would like to see small lodges like this lodge use preserved to retain both the viability of a mid-income lodging segment of the market and the character of a smaller town.
Lift 1A Townhomes – After two failed attempts by developers in the mid-2000’2 to build The Lodge at Aspen Mountain luxury hotel/condos at the base of Lift 1A Aspen Mountain, the new developers, who acquired the property in a foreclosure sale in 2010/2011 and sought a renewed lodging application in 2013 for the site, have concluded thatt the vested right to build 14 new mountain side townhomes is their only recourse. The pre-sale of the townhomes went on the market in July 2014 and 5 units are already under contract at starting prices of $8.5-9.5M. For sales information on this rare and unique luxury One Aspen townhome offering, contact Tim Estin or call 970.309.6163
420 E. Hyman – a new ultra-contemporary, controversial mixed use commercial building is proposed in the center of the downtown Hyman Street Mall.
Sky Hotel – Not mentioned in the article because the approval process has just begun, the Sky proposal is for a 4-story building to surplant the existing 2-story older structure.
(Schematic of one of the proposed (14) townhomes at the base of Lift 1A, Aspen. For sales information, please contact Tim Estin 970.309.6163. Photo courtesy of Aspen Snowmass Sothebys International Real Estate.)