ASPEN, Colo. (AP) — Aspen Snowboarding Co. plans to construct a $15 million affordable-housing advanced within the western Colorado city of Basalt.

The Aspen Instances reported Friday the advanced would have 36 items and a complete of 148 bedrooms. Among the items can be reserved for employees in Basalt, the place the corporate has about 80 staff.

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Basalt is about 19 miles (31 kilometers) northwest of Aspen.

Aspen Snowboarding Co. owns 4 resorts within the Aspen space: Aspen Mountain, Aspen Highlands, Buttermilk and Snowmass.

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The corporate estimates it has about 700 beds in its employee housing stock and expects it’ll want extra as new, youthful employees exchange older ones who retire.

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The corporate submitted an software for the venture to Basalt officers on Thursday. It hopes to construct in 2019 and 2020.

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Info from: The Aspen Instances, http://www.aspentimes.com.

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