Deal scheduled to close Wednesday…The Droste purchase will preserve the scenic ridge separating the Brush Creek and Owl Creek valleys outside of Snowmass Village, where the county previously approved the development of nine large homes.

ASPEN REAL ESTATE — Pitkin County intends to hand over a check for $17 million Wednesday to purchase 841 acres from brothers Peter and Bruce Droste, fronting money to come from its partners in the deal and covering a $1.3 million shortfall in the envisioned funding scheme.
By Janet Urquhart, Dec. 28, 2010 Aspen Times

Link to article