In addition to on mountain improvements, Starwood and Mammoth Mountain Ski Area (MMSA) is continuing real estate development in Mammoth according to Craig Knight, representative of Starwood.

For clarification, Starwood is developing it’s own sales strategy and has formally separated from Intrawest and Playground.  Future real estate development from MMSA will not involve Intrawest or Playground.

There are three new projects on the forefront:

      Altis:  Townhomes, 24 units at the original location will break ground this week but it will now be whole ownership.  Reservations will be taken fairly quickly.  The project will look similar as originally proposed but the amenity building will be smaller.  This project will be high end, ski in/out with an abundance of windows to take advantage of the amazing views.

      Canyon Project:  Townhomes, 19 units across the street from Canyon Lodge and 1849 Condos.  Currently in the design stage, plans call for a completely different look for 3 and 4 bedroom units, smaller in size.  The square footages will range from 2250 to 2600.  These will be extremely high-end units with equally high-end finishings.

      Eagle Lodge:  Condo-Hotel, 68 units at the base of Eagle Lodge to include a base lodge facility, commercial space, a locker club and two levels of underground parking.  They will be available in 1, 2, 3 and 4 bedrooms and will utilize lock-offs to maximize usage.

The latest on Hotel “1” is a Fall 2008 launch.  The project is being redesigned and possibly relocated to a more suitable site.  If you recall, this is the first proposed LEED Certified project which is to limit impact on the natural surroundings and be energy efficient.  The intention is to have a one to three person marketing team coupled with an outreach to the broker community.

For more information on this or any other issues related to Mammoth Real Estate, please contact us at Info@MammothRealEstate.com .