The Aspen Skiing Company just announced that they have closed on a property in Ketchum, Idaho that will be the future Sun Valley Limelight Hotel. At its first location in Aspen, the Limelight Hotel has been a fixture on Curbed Ski's 38 Essential Ski Town Hotel List for its well-priced rooms, downtown location, and local-friendly happy hour. Aspen Ski Co was under contract to buy the parcel of land a few weeks ago, and now the project has officially received a green light for Ski Co's first expansion outside Colorado's Roaring Fork Valley.
In early December, the Aspen Daily News reported that Don Schuster, vice president of hospitality for Ski Co, said the company was under contract to buy a parcel of land in downtown Ketchum. The property under contract had current development approvals for the Bald Mountain Lodge, but a sale to Ski Co would come with some modifications.
In a press release today, Ski Co said that the property was approved by the city of Ketchum and that the current entitlements include 119 hotel rooms and suites plus 11 free market residential units.
Previous news reports suggested that once the deal closed on the Bald Mountain Property, the Sun Valley Limelight Hotel could be up and running by 2016.
· Limelight Hotel Looks to Sun Valley for 2nd Location [Curbed Ski]
· SkiCo looks to Sun Valley for 2nd Limelight [Aspen Daily News]
· The Limelight Hotel [Official Site]
· Sun Valley to Get New $53 Million Auberge Hotel [Curbed Ski]
· Iconic Sun Valley Lodge To Get Major Upgrades, New Spa [Curbed Ski]
· Snowmass Hotel Gets Long-Awaited Green Light [Curbed Ski]