St. Regis Owner Submits Snowmass Village Redevelopment Proposal

Elevated Returns, the Aspen-based company that owns the St. Regis Aspen Resort, has formally submitted a land use application to the Town of Snowmass Village for a proposed redevelopment centered on the West Village. The submission marks the beginning of the town’s public review process for the project, which would introduce a hotel under The Ritz-Carlton brand as part of a broader redevelopment plan.

KEY POINTS

• Elevated Returns has filed a land use application with Snowmass Village for a West Village redevelopment project.
• The proposal is anchored by a hotel under The Ritz-Carlton brand.
• The submission officially opens the town’s public review and engagement process.
• Next steps will include analysis by town staff and public hearings before the
• Planning Commission and Town Council.
• The project aims to revitalize a prominent area of Snowmass Village’s West Village.

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By: Aspen Times Staff | Aspen Times | Jan. 14, 2026