The city brings in RETT collections worth $ 5.5 million in the first quarter
Aspen property sales in the first quarter were $ 3.6 million for real estate transfer tax collection for the city’s housing account and an additional $ 1.9 million for the Wheeler Opera House.
The city’s Treasury Department’s monthly tax usage report released last week also found that the housing fund generated RETT collections that are 180.6% above the city’s $ 1.3 million estimated for January through March. The first three months of 2021 were also 64.5% better than the city’s $ 2.2 million for the first quarter of 2020.
According to the report, Wheeler RETT collections were 179.2% of budget ($ 670,700) in the first quarter, up 34.1% ahead of the $ 1.4 million generated from January through March 2020.
Clark’s Market expands to Denver
The Aspen-based Clark’s Market chain is expanding into the Denver area with a 25,000 square meter supermarket, as several media reported last week.
The grocery store is being built in a high-traffic area of Lowry, where it will work with Target to anchor the Boulevard One retail complex under construction. It will be the seventh Clark’s Market in Colorado; Other locations include Aspen, Snowmass Village, Crested Butte and Telluride.
The Lowry complex, which is being developed by Kelmore Development of Englewood and Confluent Development of Denver, is slated to open in the first half of 2022.
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