Element Basalt-Aspen

499 Market St., Basalt, CO 81621

Silverwest successfully completed the construction and opened the Element Basalt – Aspen, located in Willits Town Center, in December 2015. The environmentally conscious Element hotel, a Marriott brand, was the first new hotel with a national affiliation built in over 20 years serving the Aspen/Snowmass market. The project was highly successful achieving significant IRR from conception until January 2023, when the property was sold.

Offering 113 guest rooms, the Element is transforming the extended stay segment with bright, modern design, eco-friendly practices and innovative guest experiences that resonate with today’s traveler. The Element Basalt-Aspen appeals to travelers in the Roaring Fork Valley with nature-inspired space, free Wi-Fi, large guest rooms, pool, fitness center and healthy complimentary breakfasts. Element Basalt-Aspen is LEED certified and committed to sustainable business practices in its daily operations.

Located equidistant between the three major markets of Aspen, Snowmass Village, and Glenwood Springs, many view Basalt as an ideal location to enjoy all that Aspen and the Roaring Fork Valley have to offer, year-round. From skiing to fly fishing, hiking, biking, and more, there is an activity to please everyone. It is convenient to all of Aspen’s mountains (Snowmass, Aspen Mountain, Aspen Highlands and Buttermilk) and many other outdoor activities such as biking and hiking in all directions, kayaking, high-quality golf courses and the closest access to arguably the best fly-fishing in the valley.

Willits Town Center is a sustainable mixed-use community offering convenient dining and shopping steps from the hotel's front doors.