It’s been a hot year for real estate sales and construction in the city of Aspen, while the pipeline for future development has slowed down noticeably. Through the third quarter, Aspen property sales are up nearly 60 percent and dollar volume is more than double what it was last year at the same time, returning the market to 2015 levels. And although the number of land-use cases has been steadily declining for the last three years, total building permit valuations through October are ten times what they were at the height of the recession in 2009, and it’s so far the second-busiest year for building permit in the last nine years.
Here’s your complete guide to what’s going up, what’s going on, and what it all means, in Aspen. Continue reading →
2017 has been a year for new beginnings in Snowmass. With new ownership at the helm of two of the three commercial nodes and ambitious development plans for both, Snowmass, on the cusp of its 50th anniversary ski season, is turning toward the next 50 years with a renewed outlook. Continue reading →
Taking a look at the stats below, the direction things are going is overwhelmingly positive. Sales in the upper valley have increased in the last 12 months by about 30%, erasing the 2016 tumble that some “experts” termed a “nosedive” and returning the market to strong 2015 levels. In addition, through that entire two-year fluctuation prices grew by a total of 8%. Continue reading →
Summer’s been busy — so busy, that we never got around to telling you about the most anticipated events of the season. But now that the kids are back in school, and the packed calendar and frenzy of the high season has passed, we’d like to highlight some hot-ticket entertainment options before plunging into the depths of off-season. For those who are still in town or plan to come back for the year’s most glorious month, September, Aspen Times Arts Editor Andrew Travers fills us in on his top picks on the arts and culture scene — and there’s plenty to balance with this time of year’s phenomenal hiking, biking, leaf-peeping, and other late-season recreational pursuits. Here you go. Continue reading →
With construction season still in full throttle, some major changes are underway, including at two highly visible corners of downtown Aspen, while behind-the-scenes planning has intensified at the base of Lift 1A. Here’s the rundown on the most prominent redevelopment projects in Aspen. Continue reading →
Big ideas, bold ideas, brave ideas — in the seven days of the 2017 Aspen Ideas Festival, all types of ideas on all types of subject matter were discussed, debated, tossed around, and hopefully absorbed. This is a second in a two-part series looking back on the festival and plucking out its best parts. In the last post, we focused on Spotlight Health, three days’ worth of panels, discussions, lectures, and interactive sessions focused solely on health. Here, you’ll find notable nuggets and thought-provoking quotes drawn from the myriad themes of the broader Ideas Festival. Enjoy. Continue reading →
Every year, we look back at the dizzying ten days of the Aspen Ideas Festival, and try to pick out its biggest ideas, most notable nuggets, and best thought-provoking quotes. The 2017 edition of this feast of knowledge and dialogue did not disappoint — hundreds of accomplished, creative-minded speakers brought their ideas forth in fields spanning the spectrum from the arts to the sciences, from the humanities to the highest technologies.
In this post, we focus on Spotlight Health, three days’ worth of panels, discussions, lectures, and interactive sessions focused solely on health — in its many iterations. Next time, we’ll bring you a selection of ideas on a broader array of topics. Enjoy. Continue reading →
It’s been about three months since we upped our game by partnering with the stellar team at Leverich & Carr, creating one bigger, happier family based on both of our groups’ core values of teamwork, integrity, and clients first. Now that we’ve had some time to settle in and get to know each other better, we’d like to tell you a bit more about our latest journey. Continue reading →
On May 1, county assessors throughout Colorado mailed out valuation notices to all property owners in the state, as they do every two years. The new valuations reflect the appraised value of properties as of June 30, 2016, based on comparable neighborhood sales for the two-year period prior to that. We spoke with Larry Fite, chief appraiser for Pitkin County, and with Eagle County Assessor Mark Chapin, to explore the trends they discovered during the two-year valuation period which began mid-2014 and ended mid-2016. It’s helpful to understand these trends, both to understand how and why property values fluctuate and to get an idea of where things are going. Continue reading →
Last week’s announcement that Aspen Skiing Co. is partnering with private equity firm KSL to purchase Intrawest Resort Holdings and Mammoth Resorts made waves throughout the ski world. In fact, the company’s entree into the acquisition and consolidation game (the Aspen/KSL partnership will boast 16 ski areas among them when the deals are completed) is probably the biggest splash the North American resort industry will feel in many years.
Here’s what you need to know about the acquisitions, some thoughts from Aspen Skiing Co. COO David Perry, and what others are saying about it. Continue reading →