|
News
No:
08pr656
Date: 10 September 2008
The new Snowmass, Colorado
click the image to enlarge
Think North
American ski resorts and Aspen immediately springs to mind. Long
known as the place to ski and be seen, Aspen attracts serious crowds thanks
to its range of ski terrain across the four surrounding mountains - Snowmass,
Aspen Mountain, Aspen Highlands and Buttermilk.
While Aspen has historically
garnered the headlines, the real powerhouse is sister resort Snowmass,
offering nearly five times more family-friendly
skiable acres, registering a staggering 800,000 skiers annually. Now with
a $3 billion sustainable redevelopment programme, history is about to change
as new accommodation, fine dining, après-ski and entertainment venues
debut this season offering a taste of what is to come in the new Snowmass.
The new Snowmass Base
Village will include more than one million square feet of residential,
hotel, restaurant, retail and children’s facilities,
all strategically located at the entrance of a world-class ski and snowboard
mountain. The first of these new fine dining restaurants, boutiques and ski-in
/ ski-out residences, will open in time for the 2008 / 2009 winter season.
More than $20 million
in on-mountain improvements for the 2008/09 season concluding more than
$70 million in on-mountain investments in the past three
years. This winter, improvements include new gondolas and lifts and a chair
lift that can carry 2,000 people an hour. Last season saw the opening of
North America’s premier children’s facility, the 25,000 square-foot
Treehouse Kids’ Adventure Centre. With interactive facilities for children
ranging from three months old to 17 years old, The Treehouse is also home
to the Kid’s Ski School.
Once completed, the new Base Village will include nearly 600 residences
including the 236-room Viceroy Resort Residences at Snowmass, (which is being
designed to be one of the first Silver LEED-certified hotels in America),
The Little Nell Residences Snowmass and over 60,000 square feet of shops,
cafes, bars and restaurants, new conference space, an aquatic centre and
additional amenities.
Sarah May-Brown, International
Residential Developments, Knight Frank, commented: “We
expect interest in the resurgence of Snowmass to be high.
“ Thanks to the strength of the pound, there is still a strong demand for
prime US property in high value areas. An established and premier ski region
coupled
with five star brands and family-friendly service have proved a winning combination
in the domestic market. Sales of the first release of The Little Nell Residences
and Viceroy Resorts and Residences have been extremely strong, underscoring
the demand for a premier product by a world-class developer in a prime location.”
Related Companies, the
visionary developer behind New York’s iconic
Time Warner Centre, has joined forces with local partner WestPac Investments
to lead the redevelopment of 80 acres across Snowmass.
Jeff Blau, president,
Related Companies, commented: “Snowmass is arguably
the finest ski mountain in the world with thousands of acres of terrain for
all levels of skiers and boarders and spectacular mountain vistas. The new
Snowmass Base Village will now offer all of the amenities befitting a world-class
resort destination – the first new accommodation in 20 years, stylish
fine dining restaurants, après ski and exciting shopping opportunities,
where visitors can stay and play in Snowmass after finishing their ski day.
Snowmass now truly has something for everyone in the family including, The
Treehouse, the biggest and most highly regarded children’s ski centre
in the country. When guests experience Snowmass this winter, the buzz will
be out about the new mountain destination, and this is only the beginning
of a development that will include the finest residential offerings of any
mountain resort, including The Little Nell Residences Snowmass and Viceroy
Snowmass.”
The Little Nell Residences
Snowmass will be managed by The Little Nell, recognised around the world
as one of North America’s finest boutique
hotels. Comprising 30 ski-in/ski-out fully owned residences, residents will
benefit from 24-hour concierge services, 24-hour in-residence dining, 24-hour
maid service, heated pool and hot tub, state-of-the-art fitness centre, a
fine dining restaurant, an exclusive owner’s lounge, ski valet, private
ski lockers, outdoor ski racks and indoor storage garage storage. Prices,
for the current phase, range from $3,125,000 for a one bedroom residence
to $8,750,000 for a three bedroom residence.
Viceroy Resorts and Residences is a well-known brand in America and is synonymous
with luxury resorts. Viceroy Resorts and Residences at Snowmass will be an
elegant mountain retreat in the inimitable Viceroy style. The 152-room ski-in/ski-out
condominium hotel residences will offer a range of facilities including private
dining rooms, bar and lounge, a spa, fitness centre, swimming pool and pool
cafe, après ski bar, kids club, casual and fine dining restaurants,
flexible conference space and ski valet. Prices, for the current phase, range
from $555,000 for a studio to $4,950,000 for a three bedroom penthouse.
Snowmass is located seven miles from Aspen airport, a 45 minute flight from
Denver airport (approximately a nine hour flight from London Heathrow).
For further information, please contact:
Sarah May-Brown, International Residential Developments, Knight Frank, +44
(0)20 7861 1737, sarah.may-brown@knightfrank.com or visit: www.knightfrank.co.uk/international
Niki Riley, Press Office, Knight Frank, +44 (0)20 7861 5037, niki.riley@knightfrank.com
Notes to Editors
Knight Frank LLP is the leading independent global property consultancy.
Headquartered in London, Knight Frank and its New York-based global partner,
Newmark Knight Frank, operate from 196 offices, in 38 countries, across
six continents. More than 6,770 professionals handle in excess of US$700
billion (almost £355 billion) worth of commercial, agricultural and
residential real estate annually, advising clients ranging from individual
owners and buyers to major developers, investors and
corporate tenants. For further information about the Company, please visit
www.knightfrank.com.
Related WestPac is a
joint venture partnership between Related Companies, a fully integrated
private national real estate development company, and
WestPac Investments Colorado LLC, a diversified real estate investment and
development company. Related WestPac owns the three principal commercial
neighbourhoods surrounding Snowmass’ world-class ski mountain – the
new Base Village providing a new entrance to the mountain, West Village (Snowmass
Mall), which is the traditional centre of Snowmass, and Snowmass Centre,
which presently provides local-serving retail and offices. Related WestPac
in collaboration with the Town of Snowmass Village is creating an 80-acre
master planned development befitting the world class mountain resort, improving
and expanding the resort’s amenities, while integrating and respecting
the scenic mountain landscape.
Related WestPac is staunchly committed to the sustainable design, construction
and operations of its developments. The Snowmass redevelopment will not only
meet the guidelines of the new LEED for Neighbourhood Development pilot program,
but it will also incorporate carbon-free renewable energy sources, implement
cleaner construction practices and individually LEED-certify each new building
going forward.
To ensure the realization
of this vision, Related WestPac will draw upon Related’s significant expertise in developing successful residential
and mixed use developments, notably Time Warner Center in New York, CityPlace
in West Palm Beach, and a vast luxury residential condominium and rental
portfolio including Tribeca Green, the second green residential building
in the United States, augmented by WestPac’s experience as a multi-faceted
resort developer in America’s most exclusive markets, including the
acclaimed Residences at The Little Nell in Aspen, Colo.
----------------------------------------------------------
Last
News
London, 2
September 2008- More
countries registering falls as global house price inflation continues to slow
more detail
London, 15 July 2008 – Citi today announced that they have selected
CB Richard Ellis, Cushman & Wakefield and Knight Frank to act as their
three preferred real estate services advisors for transaction management services
across Europe, the Middle East and Africa (EMEA).
more detail
London, 22
May 2008 , Knight
Frank has opened a full service office in Cambodia, South
East Asia, as it continues its global growth strategy.
more detail
KF opens Cambodia office | About Knight Frank Cambodia
-----------------------------------------------------------
Knight
Frank Thailand Monthly newsletter
 Knight
Frank Thailand Newsletter Issue Number 17 September 2008
Knight
Frank Thailand Newsletter Issue Number 16 August 2008
Knight
Frank Thailand Newsletter Issue Number 15 July 2008
Knight
Frank Thailand Newsletter Issue Number 14 June 2008
Knight
Frank Thailand Newsletter Issue Number 13 May 2008
Knight
Frank Thailand Newsletter Issue Number 12 April 2008
Knight
Frank Thailand Newsletter Issue Number 11 March 2008
Knight
Frank Thailand Newsletter Issue Number 10 February 2008
Knight
Frank Thailand Newsletter Issue Number 9 January 2008
Knight
Frank Thailand - Research newsletter
Knight
Frank Commentary - Issue July 2008
Knight
Frank Commentary - Issue April 2008
Knight
Frank Commentary - Issue March 2008
Knight
Frank Commentary - Issue January 2008
Subscribe
to Knight Frank Thailand Newsletter
|
