SNOWMASS VILLAGE REAL ESTATE — The owners of the Aspen Skiing Co. submitted a bid Wednesday to buy the stalled Base Village project from the German government, but Skico executives declined to say how much the bid was for.“We have said before ‘we will continue to stay informed and active in moving Base Village forward,’ and we are doing just that,” Skico spokesman Jeff Hanle said via email. An agency backed by the German government was seeking bids through a real estate marketing firm on the $400 million note from Base Village, which is in Snowmass. Bids were due Wednesday.The offering was structured so the asset itself would eventually be transferred to the successful bidder.
By Brent Gardner-Smith, Oct 5, 2011, Aspen Journalism.org
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The view from the arrival center at Base Village. The area to the left behind the wall remains unfinished but is to include a Little Nell Snowmass hotel and several small restaurants and shops near the base of the Elk Camp gondola, as well as several other condo/hotel buildings. Photo: Brent Gardner-Smith