Escape
Artists
Wanted

Big Picture

Branded Residences. Penthouse locations. Your heart’s desire.

The Sky Residences at W Aspen are being fashioned by way of a tireless pursuit of the new. Each Residence is intended to be a compelling statement of space and design that defies expectations. Where boundaries are limitless. Where abundance runs wild. Where substance and style coevolve… seamlessly.

In Aspen, where really living is best experienced with a twist, The Sky Residences are planned to be the place to lay your head in the clouds. This is to be a "spot one" for the young and a place for the "young for life" to call home. The elevated epicenter of food and fashion in the American West. The original red light district of Aspen. Slope-side on Aspen Mountain. And on any given day, a ski-in and ski-out attraction.

Eleven fractional Residences in the making. Less by design. Independent by nature. Coveted and limited. Effortless ownership for those who possess that rare sixth sense. A true original, in a place that knows one when it sees one.

See and be scene. Because great experiences, like great stories, are meant to be shared.

The Sky Residences at W Aspen. Have it. Live it. Share it. All.

Location, Location, Location
The Sky Residences at W Aspen locator map, Aspen
How to Aspen
Dining in Aspen. Hiking in Aspen. Dining in Aspen. Rafting in Aspen. Thug Yoga. Silver Queen Gondola. Aspen Highlands Bowl. JAS Aspen Snowmass concert. Belly Up. X Games. Sky bar. Aspen Food and Wine Classic. Maroon Bells. Shopping in Aspen. Ultimate Taxi.

SPARK

We strive to reinvent timeless. We like ours shaken… and stirred. We like different. We are relaxed and casual, backstage, inside the velvet ropes. Creating new stories with family and friends. It’s curtain time.

Inspiration can come from anywhere. We did that. We looked high and low. Here and there. But never inside the box. We sought freeing experiences that bolster that fuel for life. Mission accomplished. Ready for takeoff. Buckle up.

Desired Personality & Experience

ALIVE APRÈS BALANCED BOLD
CHAOS ECLECTIC ENERGIZED
FLOW FRIENDLY FUN HAPPENING
INDEPENDENT INNOVATIVE INVITING
LIVELY PLAYFUL PRICELESS
PROVOCATIVE REFUEL REINVENT
RELAX REMIX SPONTANEOUS
SURPRISING UPBEAT VIBRANT WITTY

The Mind’s Eye
The Sky Residences at W Aspen visual inspiration and mood board The Sky Residences at W Aspen visual inspiration and mood board The Sky Residences at W Aspen visual inspiration and mood board The Sky Residences at W Aspen visual inspiration and mood board

SKETCHES

Mountain Chalet Style.
On the rocks.

The architectural design of The Sky Residences at W Aspen is a modern-day translation and renaissance of the Mountain Chalet style that blends a recognizable mountain vernacular with contemporary details.

The Mountain Chalet style originates from the European Alps, and various design iterations can be seen around the world, as well as in many US ski resort areas, including Aspen. The designed long-sloping roof forms originate from one- and two-story elements tending to bring down the mass and scale of the building. The Sky Residences will be designed and built with environmentally sustainable goals and materials.

Embracing authenticity. Permeability of space. The unexpected.

Renderings

W Aspen exterior rendering

W ASPEN EXTERIOR RENDERING

W Aspen rooftop rendering in summer

W ASPEN ROOF DECK SUMMER VIEW RENDERING

W Aspen rooftop rendering in winter

W ASPEN ROOF DECK WINTER VIEW RENDERING

The Sky Residences at W Aspen living room rendering

SKY RESIDENCE LIVING ROOM VIEW 1 RENDERING

The Sky Residences at W Aspen living room rendering

SKY RESIDENCE LIVING ROOM VIEW 2 RENDERING

The Sky Residences at W Aspen kitchen rendering

SKY RESIDENCE KITCHEN & DINING ROOM RENDERING

The Sky Residences at W Aspen bedroom rendering

SKY RESIDENCE BEDROOM RENDERING

The Sky Residences at W Aspen bathroom rendering

SKY RESIDENCE BATHROOM RENDERING

THE TEAM

NORTHRIDGE CAPITAL

Owner/Co-Developer

Northridge Capital, LLC, based in Washington, DC, acquired the former Aspen Club Lodge in March 2001 and retained Kimpton Hotels & Restaurants to transform the lodge into a Kimpton Hotel, reopening as the Sky Hotel in 2002. As an independent commercial real estate investment and asset management firm, Northridge has successfully generated superior risk-adjusted returns to its investors since inception, demonstrating its ability to acquire, manage, and sell real estate assets across a wide variety of property types. Northridge draws upon its substantial network of domestic and international relationships, extensive credit market expertise, and operating and management capabilities to implement U.S. real estate investment programs on behalf of its clients.
northridgecapital.com

Sarpa Development

Co-Developer

John Sarpa brings extensive international, national, and local real estate experience to his clients, having been responsible for the acquisition, development, and sales of over $2 billion of real estate in the U.S., Europe, and Middle East over his 30-year real estate career. He has been a major real estate figure in Aspen and the Roaring Fork Valley since 1985. He came to Aspen as the head of the development team for The Ritz-Carlton, Aspen, which today is the St. Regis Hotel. He also co-chaired the citizens group that master planned and redeveloped the Aspen Meadows, home of the Aspen Institute, Aspen Music Festival & School, and the Aspen Center for Physics. He was one of the developers and very active in the sales and marketing of the Residences at The Little Nell in Aspen. He has also developed and sold luxury condominiums, single family homes, and ranches in the Aspen area.



W HOTELS WORLDWIDE

OPERATOR

Born from the bold attitude and 24/7 culture of New York City, W Hotels, part of Marriott International, Inc., has disrupted and redefined the hospitality scene for nearly two decades. Trailblazing its way around the globe, with over 50 hotels, W Hotels defies expectations and breaks the norms of traditional luxury wherever the iconic W sign lands. With a mission to fuel guests’ lust for life, W ignites an obsessive desire to soak it in, live it up, and hit repeat. The brand’s provocative design, iconic Whatever/Whenever service, and buzzing Living Rooms create an experience that is often copied but never matched. Innovative, inspiring, and infectious, the brand’s super-charged energy celebrates guests’ endless appetite to discover what’s new/next in each destination, to see more, feel more, go longer, stay later.
whotels.com

NEMAWORKSHOP

INTERIOR DESIGN

nemaworkshop is a team of architects, designers, and thinkers who create spaces which are conceptually bold yet highly sensitive to cultural and social contexts. The studio approaches projects through research and collaborative brainstorming wherein ideas are discussed and reworked until the team emerges with a single cohesive concept. The process is a non-linear approach, adhering to the conviction that good ideas can come from unlikely places. Ultimately, the designs challenge architectural typologies, demonstrate acute cultural awareness, and propose original spatial concepts.

nemaworkshop has received multiple awards for its design of Delicatessen. nemaworkshop won best casual restaurant award by Hospitality Design 2011 for the design of D’espresso.
nemaworkshop.com



Rowland+Broughton

ARCHITECT

Rowland+Broughton Architecture and Urban Design is a Colorado-based architecture firm. The firm provides residential, commercial, hospitality, interiors, and urban design services that are sustainable and modern. R+B is a growing, boutique design firm that is comprised of AIA registered architects, ASID interior designers, and other highly qualified professionals that value leadership, sustainability, service, and design. As a Colorado award-winning architectural firm, they take their position seriously by serving on city commissions, non-profit boards, and professional association committees.

They place exceptional client service as the core value of their business. By being stewards to their clients, the environment, and sustainable design, they strive to improve their process in order to provide superior architecture and design services.
rowlandbroughton.com

FORTE ASPEN

STRATEGIC PLANNING, MARKETING, COMMUNICATIONS/RESIDENTIAL MARKETING & SALES

Forte Aspen is a full-service marketing, sales, communications, and design firm located in Aspen and Denver, Colorado. Over the past three decades, Forte has provided professional services in a broad range of industries, focused primarily on iconic residential and resort real estate development projects. The Partners in Forte have served as the marketing, sales, communications, design, and support partner for over $4.9 billion in real estate transactions for clients and projects worldwide. Forte's professional services to the development sector also include master planning, conceptual design, market research, financial inventory management, bulk sales programs, and operational development and implementation. Forte understands the industry and how to position projects and the sought-after lifestyle they offer to the narrowcast markets they are attempting to reach.
forteaspen.com



VANN ASSOCIATES

PLANNER

Vann Associates specializes in assisting its clients in obtaining local government approval for their real estate development projects. The firm functions as a liaison or intermediary between the developer and Aspen’s and Pitkin County’s complex approval process.

Vann Associates offers a variety of services to its clients, including development feasibility analysis, land use planning, development application preparation, and client representation before elected and appointed boards and commissions. Since its formation, the firm has successfully obtained development approvals for numerous land use applications. A significant number of feasibility analyses have also been prepared which seek to identify the impact of local land use regulations on real estate development potential. These activities uniquely qualify Vann in the evaluation of the effectiveness of land use regulations and their procedural requirements.

BLUEGREEN

LANDSCAPE ARCHITECT

Bluegreen is a broadly talented studio that addresses all phases of planning and design, from shaping ideas to directing implementation. Their design work encompasses residential gardens, resort and hospitality landscapes, civic and transit oriented spaces, large scale master plans, streetscapes, and new communities. Their policy work includes comprehensive plans, land use and zoning strategies and codes, attainable housing programs, design guidelines, sustainability and performance standards, and community engagement programs.

Excellent service combined with an inherently collaborative process engages client, architect, engineer, artist, scientist, and ultimate user in multi-disciplinary teams. This sets Bluegreen apart and has allowed them to earn 16 awards and be published in 44 national and regional magazines, including two books.
bluegreenaspen.com

DETAILS

Who. What.
When. Where. Wow.

This and that.

Aspen Calling

Aspen. Known for world-class skiing, arts, and cultural communities that rival the most sophisticated cities on the planet.

The ultimate place for unsurpassed recreational activities. An energizing social scene that invites and unites all who come to play. A spirit as vibrant as the explosion of colors that arrive every autumn as the Roaring Fork Valley awaits Aspen’s modern day treasure. A cache not from within the mountains but one found in abundance covering them. A gift from the heavens. A blanket of snow so light, it’s called “champagne.” Thirsty?

From its origin as a 19th century silver mining boom-town, Aspen has evolved into a global destination for artists, musicians, intellectuals, thinkers, and political leaders. And those who just want to chill out in one of the most enduring and magical places… anywhere.

Aspen rocks. And rolls. Happy place found.

The Sky Residences Living

W Aspen and The Sky Residences at W Aspen are being designed by award-winning design firm nemaworkshop in partnership with Rowland+Broughton Architecture. Locally-inspired, this modern day mountain chalet is planned to celebrate the spirit of Aspen, with entitlements for 88 guestrooms, including six suites, and 11 W‑branded fractional Residences.

A proposed oversized split-level Living Room, the brand’s alternative to the staid hotel lobby, reimagines the traditional dining scene with a modern approach to dynamic cocktails and cuisine. To complete the experience of this incomparable location, the property is programmed to feature a 1,600 square foot outdoor patio and a rooftop patio bar with a pool and hot tub, fire pits, dance floor, cabana, and panoramic views of Aspen Mountain, creating the ultimate experience for après ski and warm weather events.

THE SKINNY

Q+A

The Sky Residences at W Aspen
Frequently Asked Questions

YOU HAVE ARRIVED

Where in Aspen are The Sky Residences at W Aspen located?

The Sky Residences at W Aspen will be located at 550 South Spring Street, directly across from The Little Nell, in what is widely considered a “100%” location in Aspen, Colorado. Mere steps from the Gondola Plaza, the location is ski-in, ski-out, which is only the case for the W Hotel/The Sky Residences at W Aspen and The Little Nell.

The Sky Residences at W Aspen are truly one of the most sought after addresses and prime locations in all of Aspen. Everything that the world-class resort of Aspen offers its residents and guests is just outside your door.

Are there any special privileges that Owners of The Sky Residences at W Aspen can enjoy at W Hotels?

Owners of The Sky Residences at W Aspen can enjoy VIP status at every W Hotel around the world through the W Hotel Reservation Service, enjoying the perks as an Owner when making a booking at W Hotels.

OWNERSHIP OFFERING

What are the ownership opportunities at The Sky Residences at W Aspen?

There will be eleven branded Residences at W Aspen. Six three-bedroom, three-and-one-half-bath Residences, and five two-bedroom, two-and-one-half-bath Residences. The three-bedroom Residences will average 2,160 square feet of interior living space, and the two-bedroom Residences will average 1,650 square feet of interior living space.

The spacious floor plans are designed by NYC-based nemaworkshop and will be strikingly furnished with open, gourmet kitchens, distinctive appointments, and impeccable detailing, and include expansive balconies, increasing the livable floor area for each Residence.

All the Residences are in prime locations within the building, featuring expansive views of Aspen Mountain, Independence Pass, Red Mountain, or downtown Aspen.

What are the advantages of the unique real estate ownership opportunities offered at a Private Residence Club such as The Sky Residences at W Aspen?

The Sky Residences at W Aspen will be offered for sale as a 1/10th shared ownership interest in real estate. The shared ownership, or fractional ownership interest, allows Owners to enjoy their second home for just the perfect amount of time they wish to use it, at a fraction of the cost of whole ownership.

An Owner can enjoy all the benefits of owning a beautifully appointed Residence with impeccable amenities and services without worrying about maintenance and upkeep. Plus, ownership at The Sky Residences at W Aspen is a real estate asset that can be resold or transferred.

Ownership of a Sky Residence provides Owners the best of all worlds: carefree ownership of a second home in a world-famous location, plus access to the unsurpassed amenities and services for which W Hotels is recognized worldwide.

Each 1/10th ownership interest provides five weeks of use by each Owner. The four guaranteed Planned Vacation Weeks are established within the winter and summer seasons, with two weeks of use in each season. The fifth week of ownership, Space Available Nights, will be either dedicated to the winter or summer season, depending upon ownership preference.

How often can an Owner use their ownership at The Sky Residences at W Aspen?

Subject to current use rights, Owners, their family members, and accompanied guests may stay as often as they wish at The Sky Residences at W Aspen. Owners can plan ahead and reserve up to 28 Planned Vacation Nights per year or decide on a last-minute respite. In addition to Planned Vacation Nights, there are plentiful opportunities for Space Available and Short Notice Space Available Nights, based on availability.

Once Owners have had the opportunity to book their two Planned Vacation Weeks for the upcoming season, Owners are then allowed to request their dedicated seasonal Space Available Nights. Once Owners have booked their Space Available Nights, Residence availability is then offered to Owners for usage on a short-notice basis within 30 days of arrival. Subject only to the reservation procedures, there is no limit to the number of times you can vacation at The Sky Residences each year.

Will an Owner always stay in the same Residence?

Owners have equal access to each Residence within the inventory type they have purchased. Three-bedroom Owners will always occupy a three-bedroom Residence, and two-bedroom Owners will always occupy a two-bedroom Residence.

What happens if an Owner cannot use one of their planned weeks?

Most Owners will consider different times of the season to visit their Sky Residence. Owner usage will always fluctuate from year to year, and Owners have a number of flexible options beyond simply canceling one set of vacation dates and booking another. Owners can choose to send friends and family to enjoy their Sky Residence as unaccompanied guests during the Planned Vacation Weeks, subject to current ownership rules. Owners may also release their Residence as a short-term rental.

Can Owners rent their Residence on a short-term basis?

Yes.

Can Owners leave their personal belongings at The Sky Residences?

Yes. The Sky Residences at W Aspen will include an on-site, secure area to store recreational or ski equipment, clothing, or personal items.

Does ownership at The Sky Residences represent an interest in real estate?

Yes. Each Owner will own an undivided, deeded, fee simple interest in real estate. Ownership is evidenced by a real estate deed, recorded in the county records, and insured by a title insurance policy. The deeded 1/10th undivided interest can be financed, willed, placed in a trust, or owned by a separate legal entity, such as a corporation.

How is title conveyed to the Owner?

Each Owner receives a deed, a fee simple title, to a fraction of a Sky Residence and to an undivided interest in The Sky Residences’ common areas at closing. Owners also receive an ALTA title insurance policy, issued by a nationally recognized title insurance company.

Can a corporation, partnership, or LLC purchase an ownership?

Yes.

What is provided for in the Annual Assessments?

The Annual Assessments cover property taxes, maintenance, professional management, and the operation of all facilities and amenities. The fees provide funds for staff salaries, supplies, interior and exterior maintenance, landscaping, window washing, trash removal, legal and accounting fees, fuel, utilities, insurance, cable TV, Wi-Fi, telephone service, and a capital fund for replacement of furniture and finishes. Housekeeping is included for Planned Vacation weeks but not for short-term stays.

What other expenses will Owners incur?

Owners will incur charges for use of a la carte amenities and services, provided by the W Aspen hotel.

What amenities and services are provided to the Owners of The Sky Residences at W Aspen?

Owner amenities entitle Owners to enjoy the convenience and exceptional experience of living in a fine resort property. Pre-arrival Residence preparation is offered along with other services, including a resourceful concierge and attentive staff. This is part of Whatever/Whenever® service offered at this property.

  • Owners at The Sky Residences will enjoy access to full amenities and services:

  • 24-hour front desk services

  • Whatever/Whenever®

  • Concierge services

  • Wheels W® Valet parking

  • Airport and local area transportation

  • Pre-arrival services and Residence preparation

  • Housekeeping services

  • Travel and transportation services

  • Package delivery

  • FIT® fitness facility with state-of-the-art exercise equipment

  • Access to all W Aspen amenities, including the rooftop pool deck and bar area with pool and spa, fitness facility, fire pits, food service, lounge seating, and cabanas

  • Private Residence Owners-only fourth floor roof deck with private spa, lounge seating, BBQ grill, outdoor kitchen, and fire pit

  • On-property ski locker room

  • On-site ski/snowboard shop with daily and weekly equipment rentals and demos available

  • Private, year-round, climate-controlled storage area

  • Text messaging service (deliveries, guest arrivals, etc.)

  • Wireless and high-speed internet access

  • Boardroom/meeting rooms available for rent

  • Business center services

What is the pricing for The Sky Residences?

Please reach out to the Director of Sales of The Sky Residences, Erin McGuire, regarding more specific pricing information.

T 970 818 3311
M 970 618 8808
erinmcguire@aspenskyresidences.com

Will there be a financing program for purchasers of The Sky Residences?

Yes. Financing can be available for purchasers of a Sky Residence. The developer of The Sky Residences at W Aspen is working with several lenders to provide potential financing options.

When will a Sky Residences’ Owner begin their pursuit of happiness at their slope-side Aspen home away from home?

Construction of W Aspen and The Sky Residences at W Aspen began in May 2017. Anticipated completion for construction is scheduled for Spring of 2019. Owners will be able to enjoy their new Sky Residence home soon after.

WANT MORE?

How do I get a front row center seat for one of the limited Sky Residences?

Please indicate your interest by clicking here, and you will be the first to know as the limited inventory is released.

What if I am that person that has more questions?

For more detailed information about The Sky Residences at W Aspen, please click here to request more information, and the Sales Team will follow-up with you.

NEWS


Summer 2018

Construction for W Aspen Accelerating Dramatically


Construction for W Aspen has accelerated dramatically now that the superstructure has been completed as of the end of June 2018. This has allowed the General Contractor to focus on the following tasks.

Exterior envelope
This includes exterior wall framing, window installation, insulation on the first level, and installation of the stone exterior façade, which are critical to achieve “dry in” of the entire structure that will protect interior finishes.

Interior framing
This process has begun in earnest, and framing in the lower/garage level of the building has been completed. In addition, the east half of the first floor has been completed, and framing on the second floor began in July. This allows the start of installation of mechanical systems on these levels, before then proceeding into drywall and finishes.

Mechanical and plumbing systems
These systems have also begun in earnest with all major HVAC systems placed in the garage level, which houses all the major equipment, such as air handling units, chillers, and backup systems for the entire facility. This levels’ HVAC ductwork is also complete, and the focus is now on rough plumbing and electrical installations. These tasks have started on the first floor, and “hangers,” which suspend the ductwork from the ceiling, have been installed on the second floor and started on the third floor.

Roof structure
This scope consists of the structural steel roof elements that will provide the bulk of the roof aesthetic and articulation around the top of the building and the roof top decks. This material has been fabricated, is being delivered daily, and is being “flown” into place via the onsite tower crane.

Interior finishes
These consist of all the products and scope you can “touch and feel” once the project is complete. As of July 2018, the installation of “single-sided” gypsum wall board has begun, allowing for early installation and also the ability to complete all the mechanical and electrical systems that live inside the walls, or “partitions,” in a building.

Site work
This consists of all the work around the exterior street level of the facility, including bringing the soils up to street level and finishing them with either landscaping, sidewalks, or paving of the adjacent roads and access alleys. As of July 2018, these levels, or “grades,” have been brought up to the street level along Spring Street, Durant Street, and between the project and the adjacent HOAs. Work between the site and the adjacent HOAs will take place during the Fall shoulder season when Public Right of Ways become accessible to the construction crews to install the remaining utility connections like water and sewer. Once those are complete, final completion of the remaining sidewalk and paving will proceed.

There are currently between 250 and 300 construction personnel onsite every day, six days a week, working diligently to enclose the building before late Fall 2018.


May 2017

The Aspen Times

W Hotel work gets underway in Aspen

With an eye on opening the W Hotel by 2019, developers began site work last week to prep for demolition of the slopeside Sky Hotel on Aspen Mountain.

The work signaled the end of a more than yearlong construction delay that was due to litigation with neighbors and financing obstacles for Washington, D.C.-based developer and Sky Hotel owner Northridge Capital, which is working with Aspen developer John Sarpa on the project.

Developers originally had hoped to break ground in April 2016 and open the hotel in time for the World Cup Finals held in March. Last week will have to do instead.

"We started our work on site on Tuesday and for the next few weeks will be putting up the sound fencing and getting the site ready for demolition," Sarpa said Friday in an email to The Aspen Times. "Demolition and then excavation will start soon thereafter."

READ MORE

Aspen Daily News

Construction on W Hotel is underway

Permit is issued to tear down and redevelop site of former Sky Hotel

A $56 million, 20-month-long construction project to tear down Aspen’s Sky Hotel and rebuild a new W Hotel kicked off on Thursday.

Project developers David Jackson of Washington, D.C.-based Northridge Capital and local representative John Sarpa said it’s been a long road to get to this point with a long road still ahead. They had initially planned to start construction one year ago, after receiving land use approval in early 2015.

“The extra year did wonders in tying up details and answering questions about how this will work,” Sarpa said.

READ MORE

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