At a previous P&Z hearing, Stunda agreed to remove the building’s fourth floor, taking the height from 38 feet to 32 feet. This also reduced the number of units from 54 to 46. Neighbors along West Hopkins Avenue are protesting the project, calling it too big for the neighborhood.

ASPEN REAL ESTATE – A proposal to convert a would-be lodge development into affordable housing passed Aspen’s Planning and Zoning Commission Tuesday on a 4-1 vote, but commission members said the developer should try to break up the building’s mass and add more parking before City Council reviews the project.The Boomerang Lodge, located at Fourth Street and Hopkins Avenue, was an old Aspen ski lodge. It was sold in 2005 to East Coast real estate investors who sought to redevelop the property. City Council approved a four-story, 45,000 square foot redevelopment in 2006, and the old building was demolished in 2007, save for the east wing, which has been preserved. The developers lost their financing to complete the project, however, and the lot remains vacant today.Steve Stunda, the local partner representing the investors, is now seeking to convert his approval from lodging to affordable housing, since the prospects for getting financing for affordable housing are better than getting financing for the condominiumized lodge that was previously approved.
By Curtis Wackerle, Dec. 15, 2010 Aspen Daily News

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