The developer of the West Aspen affordable housing project is seeking an extention of his vested rights, set to expire on October 20, 2012, due to a lawsuit appealing the City Council’s initial approval of the project.

ASPEN REAL ESTATE – A public hearing will be held at Monday’s regular council meeting on the issue of extending the vested rights for the west Aspen affordable-housing project. Developer Steve Stunda initially asked for a five-year extension; city Community Development Department staffers are recommending three years … After the project was approved in July 2011, Stunda said he hoped to begin construction in spring 2012, with completion a year later. That construction start failed to occur given the litigation matter.
By Andre Salvail, August, 13, 2012 AT

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Boomerang Lodge, Aspen
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