Spotlight on Aspen
We highlight the latest trends influencing Aspen’s prime ski hotspots
1 minute to read
Investment ramps up:
The Aspen and Snowmass resorts are investing heavily in their resorts and mountain infrastructure. The new Snowmass Base Village ($600m) is now open comprised of the Limelight Hotel, 55 residential units and a public events plaza with ice skating rink, new restaurants, bars and a community center. In Aspen, the W Hotel opened this year, which has 88 rooms and 11 branded Sky Residences.
Super-prime sales supercharged:
Wealthy US buyers are increasingly looking to luxury homes as a means of storing capital against a backdrop of heightened stock market volatility and global trade tensions.
Changing buyer profiles:
Younger buyers, particularly tech millionaires and young families are increasingly evident in Aspen – with the resort home to the top ranked High School in Colorado. US buyers predominate with many originating from New York, Chicago, Texas, South Florida, Los Angeles and San Francisco.
Lift One Corridor boost for Downtown market:
The new Lift 1A, which will be constructed by Aspen Skiing Company, is to be positioned closer to the city centre near Dean Street. The lift, will provide easier access off the mountain to the Downtown core area, potentially influencing values in the area west of Monarch Street and surrounding Wagner Park.
For more information please contact Kate Everett-Allen