JACKSON HOLE, Wyo. — A Texas-based developer snatched up the last ski-in, ski out development lot at the base of Snow King and announced a luxury condominium project breaking ground this summer.
ASTREA Development, a privately-held real estate development and investment company based in Dallas, says it will begin Phase 1 of the project in summer 2022 with a mix of high-end one-, two- and three-bedroom units. ASTREA’s acquisition of the properties at 553 and 725 Upper Snow King Loop Road represent the last available sites zoned for luxury condominium development in accordance with the Snow King Resort Master Plan.
“We’re honored for the opportunity to join the Jackson community and help create wonderful experiences and places for all who visit Snow King Mountain,” said Bob Liberi, president of ASTREA. “Jackson Hole is an extraordinary place that leaves a lasting impression on each person, something I know personally, and having the chance to add to that with the new condo development is exciting.”
Located on the eastern edge of Snow King Mountain, the 34 planned residences boast unmatched views of the Teton Mountain Range, the National Elk Refuge, and downtown Jackson. The units will feature underground parking and secured storage rooms for skies, bikes, kayaks and more. The slope-side retreat also has prime proximity to the restaurants, shops and attractions in Jackson.
Future condo residents will benefit from being in a location highly walkable to town, as well as front-door, year-round access to the variety of outdoor recreational activities offered at and surrounding Snow King Mountain’s expanded grounds and new summit gondola.
