John Calhoun, Director of Sales for East West Partners, presented to our Aspen Snowmass Sotheby’s International Realty Snowmass Team on Wednesday, February 1 in Snowmass. John said that we should see shovels on the ground starting this May, and cranes in the air more towards the fall. Four projects are slated to begin this year:
All four projects must be completed no later than November 2018. The partners in this development are East/West, Aspen Ski Co, and KSL. Work on buildings 7 and 8 (Arrival area) are in the design phase. There will be condos, pool top decks and patios. East/West is planning a Vision Center in the Base Village area soon with models, blue prints, etc.
Viceroy Snowmass will release twenty developer units of existing one, two, and three-bedroom inventory on Feb 15. They will not be in the MLS and will not be available after April 1. A variety of floor plans in all areas of the building will be available from $200,000 - $1 million. I should have set pricing and unit numbers next week. Phase 2 will not be started for at least 3 to 4 years; there are no set plans at this point. I think the twenty Viceroy units will be a great opportunity to get into Base Village and Viceroy at a very competitive price.
East West, KSL and ASC are going to spend around $200 million in Snowmass Village in the next decade. It will be exciting to see Base Village finally moving forward. Exciting times ahead for Snowmass Village.
Chris Klug
