East West, KSL buy Snowmass base village
By Jason Blevins, Denver Post
Vail-based East West Partners and Denver’s KSL Capital Partners, the owner of Squaw Valley and Alpine Meadows ski area, are partnering to purchase and complete development of the base village at Snowmass.
Details of the deal with seller New York-based Related Companies’ Related Colorado were not disclosed.
One of the few undeveloped base villages at a major ski area, the Snowmass village has a troubled history. Related bought the base village — which voters had approved for a transformative development in 2004 — from resort developer Intrawest and Aspen Skiing Co. in 2007 for $169 million.
