At the clip developer Mark Hunt is buying up commercial property in downtown Aspen, it is nearly inevitable that a 2016 city ordinance aimed at slowing down the influx of chain retailers will be tested.
That’s what a veteran property appraiser told a crowd of roughly 400 people gathered last week at the Aspen Board of Realtors’ annual market update luncheon at The St. Regis Aspen Resort.
“Don’t be surprised if there is litigation coming down the pike in the next couple of years, as that conditional-use process gets tested,” said Randy Gold of Aspen Appraisal Group.