Aspen City Council put off a final decision on the proposed Aspen Walk residential development, urging a new architect on the project to further reduce its size. The latest plan calls for 14 free-market condos and 11 affordable housing units in a three-building complex to replace decades-old apartments at 414 Park Ave. and 404 Park Circle. The property is currently in receivership and new architects from Cottle Carr Yaw are working with a court appointed receiver to gain approval.
The suit alleges that buyers of the fractional units were given assurances that ownership of those amenities were part of their purcahse. The current developer-owners of the project, Dancing Bear Land LLC and Tanzbar DB Holdings LLC, have not yet transferred ownership to the homeowners associationCouncil splits on AACP hearings
With a 3-2 vote, Aspen City Council members Torre, Derek Johnson and Adam Frisch rejected pleas from planning and zoning commissioners to adopt the Aspen Area Community Plan as written. Several members of both the city and county planning boards signed a letter calling for adoption without further revision.
Compliments of Aspen Board of Realtors, Observer February 2012
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