Big Deal: BMC West Inc. |

Big Deal: BMC West Inc.

Aspen Times Staff ReportAspen, CO Colorado

Paul Conrad The Aspen Times

ASPEN The city of Aspens purchase of the BMC West lumber yard property for worker housing has been formally completed. Price tag: $18.25 million.Worth noting: The city of Aspen will use the property to build affordable housing, which will cost about $600,000 per unit, including land and construction costs. The lumber company will lease the building from the city for $50,000 until the development is ready to be built.Seller: BMC West Inc.Buyer: The City of AspenPrice: $18.25 millionAddress: 38005 Hwy. 82Subdivision: The Aspen Airport Business CenterProperty taxes: $47,766.76The Big Deal is a weekly feature of Inside Business, published Tuesdays in The Aspen Times)

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