Snowmass' $1 Billion Investment Readies Resort for Ski Season

As the 2010-2011 ski season approaches, one of the more recognized resorts in the United States has gotten even better in preparation. Snowmass has invested more than $1 billion in its Base Village, including the new Viceroy Snowmass resort with 173 rooms and 8,000 square feet of meeting space, four new restaurants and five retailers. The Viceroy Snowmass has 95 units currently open along with completion of its new spa, pool, Eight K Restaurant and over 85,000 square feet of meeting space. In addition, Capital Peak and Hayden Lodge added 300 new condominiums and over 5,000 square feet of new meeting space.

Companion to the new developments is the longevity and consistency of The Silvertree Hotel and Conference Center, the first conference center in a Colorado mountain resort. The Silvertree Hotel in Snowmass offers flexible and functional meeting rooms capable of holding up to 2,000 people.  The 4,100 square foot Roof Garden, with views of the valley, sits on top the Conference Center. In addition, The Silvertree is in the process of a multiphase renovation to be completed in 2011, giving the hotel and Conference Center a new stylish feel.

The overall renewal of Snowmass also includes an on mountain investment of more than $50 million over the past four years including the new Village Express six-pack lift, Sky Cab Gondola, the Elk Camp Gondola, a new terrain park and the Elk Camp Meadows learning area.  Other additions include the Snowmass Gondola Ticket Office and Ski & Snowboard Schools private lesson lounge.

The new Viceroy Snowmass resort, which opened in 2009, is adjacent to Snowmass' Assay Hill Lift and offers ski in/ski out guest rooms.  It also adds 5,6288,000 square feet of new meeting space to the resort including a Grand Ballroom and several breakout rooms.  Guest rooms range from studios to four-bedroom residences, with galley or full kitchens, mountain views and contemporary alpine décor. Guests can enjoy slope-side ski valet services; a dramatically designed fine-dining restaurant; an 87-foot-long, glass-topped, après-ski bar and plush lounge; a full-service 7,000-square foot spa; fitness room; and a Kelly Wearstler-designed pool café and slope-side pool experience complete with cabanas.

Base Village in Transition

The current Base Village retail development is 70 percent complete and totals 45,702 square feet.  Its residential units are 40 percent complete with 246 out of 620 units finished.  Also, current progress is being made on several other new buildings in Base Village. A new façade on the new Transportation Center is now complete and a new façade on Building 8 next to the Transportation Center will be completed before winter to include upgraded pedestrian circulation between Base Village and the Viceroy Snowmass.

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