The snow was flying at the end of October in the Rocky Mountains. Recent storms put 5 feet of snow on the ground in ski resorts all over the place and Arapahoe Basin broke a 60 year old record by opening as early as they did!
Preseason holiday bookings for Crested Butte are up over last year and the rest of the upcoming ski season looks highly promising through 2007 Spring Break!
Be sure to check into the new slope side project coined the Elevation Hotel. This is the former Club Med facility that was recently purchased by Sunvest. The Elevation Hotel will feature studios, 1 bedroom and 2 bedroom units that are essentially condos in a luxury hotel environment complete with luxury hotel amenities and on site marketing and property management. Luxury condo/hotels are the way to go if you are looking to own a piece of sweet real estate on a ski mountain and want to forget about all the hassles of high mountain 2nd home ownership involves!
Recent article below from Aspen Colorado regarding their "affordable housing" plight. Just another affirmation of what happens elsewhere and what could happen in Crested Butte.
Thanks for visiting today!
Aspen prices have middle class running from the hills
I am shopping in Gracy’s Consignments. I am looking for something from what I call the Ken Lay Collection. Hand-me-downs from dead rich guys are the only thing a guy like me can afford in this wealthy resort’s downtown.
I am not alone.
I ask two construction workers eating lunch out of the backs of their pickups where normal people shop in Aspen. They don’t have a clue. They are from Grand Junction, where the middle class has a fighting chance.
"I live in Basalt," said downtown shopkeeper Dan Johnson. "I shop in Basalt. Ninety percent of the people working full time here live outside Aspen."
This is not a good thing.
There’s a tipping point for resorts, Pitkin County Commissioner Mick Ireland warns. Aspen has probably passed the fulcrum. That means that without some government intervention or a public-private partnership or two to restore middle-class shopping alternatives, central Aspen will soon be a gilded ghost town.
"There are a lot of values – economic, spiritual and moral – that the marketplace can’t capture," Ireland said.
Johnson, whose T-shirt and kitsch shop bears the ever-so-middle-class moniker "The Shirt Man," has been in business in Aspen for 23 years. But he hasn’t lived there for a long time.
"I lived in town the first four years I was here," said Johnson, who arrived from Ohio to be a "ski bum." "This town was the greatest. It was active. Everyone knew everyone. It’s not that way anymore.
"Along with the wealth, we’re seeing a gradual deterioration of the lifestyle because no one can afford to live here."
READ THE REST OF THE ARTICLE: http://www.denverpost.com/headlines/ci_4572095