The Aspen Skiing Co., which owns Snowmass, is teaming up withCanada-based Intrawest Corp. to create a village that would includeas many as 700 condo units, retail shops, apre-ski bars andrestaurants. The proposal also calls for construction of anopen-air gondola to shuttle guests between the village and a nearbymall.

A "pre-sketch" view has been presented to the Snowmass VillageTown Council and the local planning commission. In January,Intrawest and Aspen Skiing will present a formal application aftergauging the impression of town leaders and the public.

The project would be similar in size to the 12-acre,$500-million village at Copper Mountain, which was developed byIntrawest. One attraction of the new development is that it wouldsupply the resort with 3,000 "warm beds," an industry label becausethey are rented frequently. Currently, Snowmass has a number oflarge single-family homes and condos, which primarily are owned bywealthy out-of-staters and sit empty for most of the year.

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