ASPEN Meriwether Cos., a Boulder-based real estate investment and development company, announced this week that it has purchased the Aspen Club & Spa site, with plans to build a new resort on the five-acre property.
The company partnered with Revere Capital and Fireside Investments LLC to purchase the dormant property for just under $52.6 million after posting the winning bid last month at a Pitkin County foreclosure auction.
Sponsored Content
You’re maxing your tech “muscle.” You’ve increased speed, storage capacity, apps, cell services, etc. And along with all this new power you’ve created even greater mountains of data. And you protect it with …? EVEN MORE TECHNOLOGY, OF COURSE. Firewalls, back up storage and servers. But, is that even enough?
The redevelopment project of The Aspen Club & Spa will live on after all, but will its name?
That’s a question the property’s new ownership will be asking soon.
“Depending on our ultimate vision for the club, we will go through a branding exercise to confirm if Aspen Club is the right fit,” said Garrett Simon, partner at Meriwether Cos. “Obviously there is a ton of value in that name today.”
On Wednesday, Meriwether, Revere Capital and Fireside Investments completed their purchase of the 5-acre property after claiming it with the lone bid of $52.59 million at a foreclosure auction held Jan. 6.
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Necessary