With a stipulation requiring a long-term agreement on off-site parking, developer Mark Hunt won unanimous Aspen City Council approval for his Cooper Avenue lodge proposal on Monday. Hunt, who plans to replace the Cooper Avenue structure home to Domino’s Pizza and other businesses with a 44-room lodge, recently hatched a deal with the St. Regis Aspen Resort for 15 parking spaces. Though the Continue Reading

Aspen’s iconic Hotel Jerome has a new owner. Houston businessman Dan Friedkin closed on his purchase of the Main Street lodge Monday following negotiations that begun in the fall. The seller was Chicago-based DRW Real Estate. The price of the transaction was not immediately available. The sale won’t translate into an overhaul of management, staff or operations, said Tony DiLucia, the hotel’s Continue Reading

Snowmass Village, Colorado: Base Village Whether it was the amount of commercial space needed to make a viable project, adequacy of pedestrian connections, future employee generation or even the timing of when the new medical clinic will be built, no assumption contained within the Base Village Major PUD Amendment was taken at face value by the Snowmass Village Planning Commission. During Continue Reading

Collectively among local businesses, the money continues to flow. Aspen’s monthly consumption report released Wednesday said retail sales in December hit $90.56 million, a 5.6 percent increase over $85.76 million in the same month in 2013. It’s likely a record. Looking back over the past 11 years of modern bookkeeping, no December has ever approached the $90 million mark, according to the city’s Continue Reading

The improving housing market made for a robust and energetic 2015 Design and Construction Week, as 125,000 builders, designers, media professionals, and more gathered at the Las Vegas Convention Center for the industry’s largest trade show. Consumer Reports’ team of editors, market analysts, and video producers were on hand to record the hottest trends and coolest products. If you’re thinking Continue Reading

Snowmass Village, Colorado: Here we go again. Related Colorado, now the developer of Base Village, made its first formal presentation Monday of the changes it is proposing for the stalled project, originally approved by the Snowmass Village Town Council in 2004. When giving the company’s master-plan goals for the application, Dwayne Romero, president of Related Colorado, named moving the project Continue Reading

Editor’s note: This is the first part of a multi-part series about the town of Snowmass Village’s review of proposed amendments to the stalled Base Village project. An aquatic center planned for Base Village has proven to be a sticking point as the Town Council and the developer work to get the stalled project moving again. Base Village developer Related is seeking to downsize and relocate the Continue Reading

Plans to tear down the Molly Gibson Lodge, which include the addition of 15 lodge units and two single-family homes, won 5-0 Aspen City Council approval Monday. The new lodge is proposed to boost the number of rooms from 53 to 68 and add 8,000 square feet of free-market residential area along Hopkins Avenue. Plans also include one affordable housing unit. Variances the council granted Monday Continue Reading

Snowmass Village, Colorado: Today, Erik Cavarra features a home that was on the market for only 76 days after a complete remodel and spec to flip.  The previous/existing home was purchased in 2013 for $2.395m and was re-marketed with new finishes and a remodel at $5.695m.  The owner is a real estate developer/builder in the Snowmass Village Area.  This home marks the (3rd) sale flip the developer Continue Reading

Developer Mark Hunt has put his Main Street lodge concept on hold, and he will wait to see what happens with his Cooper Avenue lodge concept at the Aspen City Council on Monday before revisiting it. Hunt, who has amassed nearly $100 million in commercial investment in Aspen since 2010, announced his decision Thursday during a public appearance at bb’s kitchen. A packed room of residents posed Continue Reading