Plan would convert Pan & Fork into campus for nonprofit groups…The proposed purchase helps accomplish numerous town goals, according to Bill Kane, Basalt Town Manager. First, it removes the residents from the floodway, the area most susceptible to a major flood. Second, it removes the residents in a socially-responsible way. Third, it helps make the downtown core more economical sustainable by developing the campus for nonprofits. Fourth, it would allow environmental restoration by removing a levee from the river and converting the at-risk portion of the property to open space.

ASPEN BASALT REAL ESTATE – The effort to convert one of the trailer parks in the middle of Basalt into a nonprofit campus and open space moved a step closer to reality this week.The Pan & Fork Mobile Home Park was placed under contract for purchase by Roaring Fork Community Development Corp. (RFCDC), according to Michael McVoy, president of the corporation. The purchase is scheduled to occur in “early summer,” he said.RFCDC is a nonprofit organization supported by the Manaus Fund, an organization founded by Woody Creek philanthropist George Stranahan.The 38-unit mobile home park is owned by RNR Ltd, whose principal is Basalt resident Renee Ritchie. Her attorney, Jody Edwards of Aspen, confirmed the property was placed under contract.
By Scott Condon, Jan. 28, 2011 Aspen Times

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Also, see Aug 17, 2008 article and slideshow on the Pan & Fork Trailer Court, Aspen Daily News