Palm Tree Crew, Major Food Group and 8K Capital have acquired the purchase of the River Valley Ranch golf course — an acclaimed, 187-acre championship course set in the Crystal River Valley in Carbondale, the partners announced.
River Valley Ranch golf course, a lauded mountain course with robust amenities that was listed at $24,500,000, will be the site of a project that combines Major Food Group’s restaurants with Palm Tree Crew’s event and lifestyle offerings to create a new golf experience, according to a press release. The partners envision a destination that pairs championship golf with fine dining and a social calendar meant to outlast a round.
“The acquisition of River Valley Ranch marks the beginning of an exciting new chapter for Palm Tree Crew, and we’re excited to embark on this with our best-in-class partners, Major Food Group and 8K Capital,” Myles Shear said, who co-founded Palm Tree Crew with Kygo. “Together, our goal is to honor what has made the course so beloved while thoughtfully elevating the experience — combining world-class golf with Major Food Group’s signature hospitality and culinary expertise, Palm Tree Crew’s cultural and lifestyle platform, and 8K Capital’s long-term investment vision.”
Shear added, “We’re proud to take on the stewardship of one of the Roaring Fork Valley’s premier golf destinations and to create a place that contributes meaningfully to the region’s community, culture and continued growth. Aspen and golf have both been central to Palm Tree Crew’s story, making this partnership a natural extension of our shared commitment to the area.”
The buyers want to further activate the site as a driver for regional economic and cultural growth, drawing more visitors, bolstering the area’s luxury hospitality and residential markets and lifting the surrounding community’s long-term profile, the release confirms.
“Major Food Group has always believed that exceptional hospitality is rooted in a strong sense of place. While golf represents a new category for us, the opportunity to bring our approach to food, service, design and hospitality to River Valley Ranch feels like a natural evolution,” Co-Founder of Major Food Group Jeff Zalaznick said. “Working alongside Palm Tree Crew and 8K Capital, we look forward to creating a dining and social experience that complements the extraordinary course and natural beautify of Roaring Fork Valley, while delivering something distinctly tailored to this community and designation.”
The golf course at River Valley Ranch currently operates as a pay-to-play public golf course.
For more information, visit rvrma.org/golf.