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Aspen Club ownership eyes grand reopening for winter '23-24


Aspen Club ownership eyes grand reopening for winter ’23-24
Some movement recently on property east of town, but new group’s full start“ on construction is summer 2022
The Aspen Club hopes to reopen in the 2023-24 season after being closed for 8 years in Aspen on Monday, July 26, 2021. (Kelsey Brunner/The Aspen Times)
The new ownership of the Aspen Club & Spa property and redevelopment project has eyed the winter of 2023-24 for its reopening.
Garrett Simon of Boulder-based Meriwether Cos., which is one of three entities in partnership on the project, said Monday that preliminary work is being done on the Aspen Club site to shape it up for the summer 2022, which is when construction is scheduled to begin in earnest. ....

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New Aspen Club ownership cleans up debt


The new ownership of The Aspen Club & Spa last week paid off more than $30 million in debts and interest owed to creditors and construction firms for work and materials related to the expansion and remodel of the property on the east side of town.
“It was part of our business plan to get them paid in full,” said Clark Briner of Revere Capital on Friday.
The Aspen Club & Spa on Wednesday, Feb. 3, 2021. (Kelsey Brunner/The Aspen Times)
Revere and resort and hotel developer Meriwether Co. completed their acquisition of the property, 1450 Ute Ave., on Feb. 3 after bidding $52.59 million at a foreclosure auction Jan. 6. ....

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Aspen Club Acquired by Meriwether Companies for Redevelopment


Aspen Club Acquired by Meriwether Companies for Redevelopment
February 11, 2021
Meriwether Companies, a private real estate investment and development firm, has partnered with Revere Capital and Fireside Investments to acquire the Aspen Club, located at the base of Aspen Mountain in Aspen, Colorado. The five-acre mixed-use development site was previously operated as a fitness and tennis facility, frequented by locals, celebrities and sports stars, with history dating back to 1976. Boulder-based Meriwether Companies plans to complete the revitalization of the 144,248-square-foot project, which will feature hospitality, culinary, fitness, health and wellness offerings.
Set on a prime location along the Roaring Fork River with breathtaking views towards the valley and Aspen Mountain, the site boasts a short walking distance to downtown Aspen. Upon completion, the resort will include 20 three- and four-bedroom serviced residences, a highly sought rarity for ....

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Boulder group buys Aspen Club out of foreclosure – BizWest


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. 
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New ownership, new beginning for Aspen Club


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. ....

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