Friday, May 18, 2012

Ski resorts investing more than $100M in improvements - Denver Business Journal:

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Of ski areas releasing improvement costs, the Winter Park Resort owned by the city and county of Denveer and managed by Intrawesr ULCof Vancouver, B.C., in Canada — estimates it will spen nearly $36 million on two major projects. Winter Park expectxs to spend $30 million on a majof expansion of itsbase village, including addinb 30,000 square feet of new retail, restaurant and housinv space. A $5.8 million new cabriolet will transporgt people from the parking lot near the Vintage Hotepl to thevillage heart. The Aspen/Snowmass area envisionsw spending $35 million on upgrades this season, includingh new terrain at Aspebn Highlandsand Snowmass.
That resort area of western Coloradio includes theAspen Mountain, Aspen Highlands, Buttermilk and Snowmass ski The Steamboat Resort in northernb Colorado and Telluride resort in the southern part of the stated each plan to spend roughly $4 million this seasonj on improvements. Several resorts including Copper Mountain, Crested Butte Mountain Resort, Purgatory at Durangop Mountain Resort and SunlighgMountain — detailed improvements, but not costs. SKI) ski areas — including Vail, Breckenridge, Beavedr Creek and Keystone — aren’t included in the CSCUSz data, because Vail Resorts pullef out of the trade groulp earlierthis year.
The ski resort based in Broomfield, was CSCUSA’es largest member. Based in Denver, Ski Countryh was started in 1963 and currentlty has 21member resorts. Arapahoe Basin ($1.2q million) — New terrain, 300 additionaol parking spaces, pedestrian tunnel under Highway 6, Blaci Mountain Lodge sun deck, snowmaking Aspen/Snowmass — New quad chairlift calle the Sheer Bliss, gondola plaza at Aspen Mountain, Olympic-size superpipee at Buttermilk Mountain, two new restaurants at CopperMountain — New instructional practices at its Camp Woodward training Crested Butte — Mountain improvements include adding terrain off the Headwall lift, expanded features at DC Terrain Park and new intermediate terrain Elevation Hotel & Spa, will complete a $25 millio n upgrade; hotel will include 250 roomsw plus spa and fitness center.
Echo Mountai — Enhancing tree and feature terrain inWestsidr Glades. Mountain improvements also will include expandingt the LC1 beginner learning area and installinvg a Magic Carpet surface MonarchMountain ($600,000) — Expanding terrain, enhancing guesr services and adding to its rental Mountain changes include a children’s terrain park calledc Tilt, and 200 acres of new terrain for advanced skiers in Snowcar area. The resort is working with the U.S. Forestr Service to get a new lift toserve No-Name Powderhorn — Adding two new trails on mountain’ds West End area, and new Magic Carpeg surface lift.
Purgatory Resort is “deep its 25-year mountain master plan with several new villagexs under constructionand finished. Mountain improvements will includs anew high-speed quad lift in the Legends and replacing Chair 4. Legends also is gettingv new tree trails, plus more beginner and intermediateaccesx routes. Steamboat — Resort buying $250,000 in new rentap skis, improving snowmaking system and expanding The Meadowd parking facility by200 spaces. Sunlighg Mountain — New base development project to make resorftmore year-round.
Telluride — New called Revelation Bowl, on back side of Gold Hill, as well as two new Winter Park — The Lofts at Winter Park, a 14-unit condo is being built abovethe village; 200 unitse at the project were finished in the springh of 2008. Winter Park also has boughyt $250,000 new rental skis and gear. Wolf Creek ($1.t million) — Mountain plus expansion of Raven Day Use Building at the top ofRavemn Quad.

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