Snowmass Base Village — Deposits made on 16 of the 27 Little Nell Residences at Snowmass have been returned and the contracts terminated — the latest development in a week full of bad news regarding residential properties in Base Village.A lack of construction financing, missed deadlines could be behind move. According to a local real estate broker who asked not to be named, the contracts were terminated because developer Related WestPac has been unable to secure financing to complete the luxury, 27-unit Little Nell project in the heart of the base area — even though contracts had been signed on more than half of the units.
By Madeleine Osberger, June 18, 2009, Snowmass Sun/Aspen Times

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