Palm Tree Crew, Major Food Group and 8K Capital have acquired the purchase of the River Valley Ranch golf course \u2014 an acclaimed, 187-acre championship course set in the Crystal River Valley in Carbondale, the partners announced.<\/p>\n
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\u2019s restaurants with Palm Tree Crew\u2019s 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.<\/p>\n
\u201cThe acquisition of River Valley Ranch marks the beginning of an exciting new chapter for Palm Tree Crew, and we\u2019re excited to embark on this with our best-in-class partners, Major Food Group and 8K Capital,\u201d Myles Shear said, who co-founded Palm Tree Crew with Kygo. \u201cTogether, our goal is to honor what has made the course so beloved while thoughtfully elevating the experience \u2014 combining world-class golf with Major Food Group\u2019s signature hospitality and culinary expertise, Palm Tree Crew\u2019s cultural and lifestyle platform, and 8K Capital\u2019s long-term investment vision.\u201d<\/p>\n
Shear added, \u201cWe\u2019re proud to take on the stewardship of one of the Roaring Fork Valley\u2019s premier golf destinations and to create a place that contributes meaningfully to the region\u2019s community, culture and continued growth. Aspen and golf have both been central to Palm Tree Crew\u2019s story, making this partnership a natural extension of our shared commitment to the area.\u201d <\/p>\n
The buyers want to further activate the site as a driver for regional economic and cultural growth, drawing more visitors, bolstering the area\u2019s luxury hospitality and residential markets and lifting the surrounding community\u2019s long-term profile, the release confirms. <\/p>\n
\u201cMajor 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,\u201d Co-Founder of Major Food Group Jeff Zalaznick said. \u201cWorking 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.\u201d<\/p>\n
The golf course at River Valley Ranch currently operates as a pay-to-play public golf course.<\/p>\n