East West Partners, a Denver-based developer, is expanding to Steamboat Springs, opening a new office to oversee their work as development manager for Steamboat Ski Resort’s Gondola Plaza redesign project and seeking out new projects throughout the Yampa Valley. The partnership with Alterra Mountain Company will be East West Partners’ first project in Steamboat Springs and is serving as a catalyst for the company’s expansion into the mountain town.
“East West Partners is Colorado to the core and it’s a huge honor to be working with Alterra Mountain Company and be a part of the redevelopment of one of Colorado’s most iconic ski destinations, which also affords us the opportunity to expand our company into the Steamboat Springs area,” said Chris Frampton, CEO of East West Partners. “As we’ve shown in other communities – including the Vail Valley, Snowmass, Charleston, South Carolina, and Denver – our goal is not just to develop projects but to invest back into the communities themselves through supporting local nonprofits and charitable foundations and we are excited to be setting down roots in the community of Steamboat Springs.”
East West Partners has tapped Managing Partner Ryan Stone to oversee the company’s Steamboat Springs activities. Stone will relocate his family from Denver to Steamboat Springs in order to oversee the company’s role in the Steamboat Ski Resort redevelopment as well as open a local East West Partners office and spearhead future projects in the community.
“My family and I have a long-standing connection with the Yampa Valley and we are really looking forward to making it our full time home and embracing this amazing community,” said Ryan Stone, managing partner for East West Partners.
Having developed award-winning projects including Denver Union Station and Beaver Creek Village, as well as the recently redeveloped Snowmass Base Village, East West Partners is bringing extensive experience to the Steamboat Ski Resort redevelopment project. The company’s emphasis is on creating terrific places that bring people together, and their vision is to create a base area that meet the needs of residential owners, resort guests and retail and commercial customers. The project will transform Steamboats’ Gondola Plaza into a multi-use, amenity-rich, easy to navigate resort core complete with additional dining and après, shopping, entertainment and welcoming gathering places for guests to enjoy year-round. The buildings around the new plaza will include a combination of resort owned and independently owned restaurants and retail outlets, as well as additional lodging options.
“We have a great history of partnership with East West Partners and look forward to working with them to deliver a shared and thoughtful resort vision that keeps Steamboat’s future authentic to its Western hospitality and Olympic roots,” said Bryan Elliott, chief development officer for Alterra Mountain Company.
The redeveloped plaza is expected to break ground in May 2021, following the resort’s close of the winter season and in concert with moving the Gondola to a nearby on-snow location. In the meantime, Stone will focus on opening the East West Partners Steamboat Springs office and seeking out additional projects in the area.
“This is an incredible opportunity for me professionally, to build the East West Partners portfolio in the Steamboat Springs area, but also a personal opportunity that my entire family is looking forward to,” said Stone.