Snowmass Village, Colorado: Today, Erik Cavarra shares an article from the NY Times. Much of the article focuses on a PR move for the Base Village and Related Companies featuring information and highlights of the Viceroy Hotel, new Limelight, and new Fractional developments. This comes as no surprise to viewers reading the Article, but highlights the fact that the writer failed to mention the recent lawsuit against the developer and town, and more certainly, a new stall in the movement. 2015-16 seems to be a projected big year for Snowmass assuming that most of the planned developments are aiming for target start dates around that time.
The Fractional Residence concept is nothing new to Snowmass and one of the leading properties is found within the heart of Snowmass Village and known to many happy residents as the Residences at Snowmass Club. This wonderful year-round Resort provides everything your Family is looking for, from golf, to tennis, to swimming, it is Aspen’s & Snowmass’s finest Residence Club.
Nestled within 210 acres of Rocky Mountain perfection, the 40 finely appointed vacation homes feature breathtaking views of Snowmass and the Elk Mountain Range. Ownership includes an exclusive membership in the Snowmass Club, which features a Jim Engh golf course, on-mountain skier/snowboarder services, and the amenities and privileges of an intimate country club.
The residences at Snowmass Club offers its members the epitome of alpine indulgence. All the services of an upscale hotel are seamlessly combined with the amenities and privileges of an exclusive country club. This incredible opportunity provides a care-free second home experience at a fraction of the cost.
Beautifully appointed 2 to 5-bedroom residences
- 19,000-square-foot health club with pools, whirlpool spas, massage and physical therapy
- Athletic Club group classes
- Championship golf course designed by top architect James Engh
- Indoor and outdoor tennis courts
- Discounted lift tickets
- Kids’ Club
- Kids’ Game Room
- Resort dining at Sage Restaurant & Bar, Daly Beach Club & Black Saddle Bar and Grille
- Transportation throughout Snowmass Village, Aspen, Aspen Highlands, Buttermilk & Aspen/Pitkin County Airport
- Ski school pick-up for the children of the Snowmass Club
- Compliementary Aspen airport pick-up
- Year-round storage
- Pre-arrival shopping service available
- Private underground parking
- Concierge
- Bell staff
Some forecasters say New York City will be subjected to another polar vortex this year, and judging by the recent cold snap, I believe it. But while we grudgingly pull out our boots and mittens from the back of the closet, there is a bright side to the wintry weather: ski season.
This year, while many New Yorkers pack up their Moncler jackets and Ugg boots for the flight out West to spots like Vail, Colo., and Deer Valley inUtah, a new player will be vying for their attention.
Snowmass is one of Colorado’s largest ski mountains, with a peak that reaches 12,510 feet, and when all its lifts are running, the most vertical feet of any ski mountain in the country. Snowmass is also just eight miles from Aspen and a short drive from the airport. Yet despite all it has to offer, it has never garnered the same glamour as some of its more famous neighbors.
A New York City developer and avid skier, Jeff T. Blau, is hoping to change this. Mr. Blau is the chief executive of the Related Companies and has been skiing at Snowmass since college. It wasn’t until 2007, however, that he became professionally involved in the town. By then, Snowmass Village had spent three years working on a plan to develop the base of the mountain, a project known, appropriately enough, as Base Village. Related, in a joint venture with WestPac Investments, bought Base Village with plans to develop a million square feet with retail, night life, condominiums and hotels. But the recession took hold before construction could begin.
Development stalled, and after several legal tussles, including a foreclosure sale, Related emerged in 2012 as the sole owner of the project. Now, Related is moving ahead with plans to convert an eyesore of cement slabs and vacant lots that sits at the bottom of the slopes into a full-scale development.
“It has been a lot of one step forward, two steps back, but I think it is fair to say there is some cautious optimism in the air,” said Andrew Ernemann, a broker associate at Aspen Snowmass Sotheby’s International Realty. “It feels like there is some positive momentum with the real estate market, that fundamentals are improving, and that Base Village may actually move ahead.”
Read Full Article Here: http://www.nytimes.com/2014/11/23/realestate/colorado-ski-country-homes-for-new-yorkers.html?mwrsm=Email&_r=0
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