ASPEN REAL ESTATE – The old Stage 3 movie theatre on Aspen’s Main Street has received preliminary approval for a down-sized redevelopment plan. The original 27,000 sq ft project stalled in early construction during the 2008 recession and went into a foreclosure sale in August 2010. It sold to Chicago investor Jeff Cardot for $3.6MM.
By Curtis Wackerle, March 17, 2011 Aspen Daily News

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03/17/11 ADN