$72M Construction Financing Secured for The Amble, Steamboat Springs

The Amble, courtesy of JLL.

JLL Capital Markets has arranged a $72.359 million construction loan for The Amble, a 42-unit, luxury residential project currently under construction at the base of Steamboat Springs Ski Resort in Steamboat Springs.

JLL worked on behalf of the borrower, East West Partners, to secure the construction loan through a regional bank.

The Amble broke ground in May and is due for completion in Spring 2026. 359 Design serves as architect and Saunders Construction will be the general contractor.

The Amble will set a new standard for luxury and sustainability at a world-class ski resort that hasn’t seen any new condo units delivered in 15 years. The property will consist of one five-story residential building housing 42 units, 6,500 square feet of amenity space and 42 parking spaces. Building amenities include an outdoor pool and spa, fitness room, centralized lawn, lounge and game room and ski lockers. The Amble is aimed towards owners who desire a premium product with a service level that can be catered to the individual. Additionally, The Amble will be entirely electric and designed to be net zero operating carbon through the utilization of the local electric co-op green choice program.The Amble is located on a 1.63-acre site at 2300 Mount Warner Circle at the base of Steamboat Springs Ski Resort. The project is three miles from downtown Steamboat Springs and 27 miles from the Yampa Valley Regional Airport, serving 16 domestic cities on six major airlines. In addition to the winter sports, The Amble will also benefit from the vibrant summer offerings at Steamboat, including mountain biking, hiking, fly fishing and golf at two championship 18-hole courses.

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Leon McBroom, Managing Director Mark Erland and Director Kevin Barron.

“East West has remarkable track record of creating a sense of place,” stated McBroom. “The Amble is a continuation of East West’s exceptional vision and will further enhance the market providing the first luxury condominiums to be built in Steamboat in more than 15 years. The JLL team takes great pride in being a part of this wonderful project.”

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