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Alterra Investing $300M in W. USA Ski Areas
Denver-based Alterra Mountain Company is spending $300 million to upgrade a number of its western US ski areas. Alterra will invest in new and refurbished lifts, additional snowmaking enhancement programs, summer activities, and resort infrastructure. In the past year, Alterra completed Steamboat’s three-year, $225 million Full Steam Ahead project with the opening of 655 new acres of expert terrain in Mahogany Ridge and Fish Creek Canyon, plus the Wild Blue Gondola, now the longest gondola in North America and the fastest 10-person gondola in the country.
Deer Valley (photo) will debut three new chairlifts, over 300 new skiable acres, several new ski runs, and 500 additional day-skier parking spots.
Alterra will also invest in an additional seven lifts, including new or replacement lifts aimed at increasing skier capacity and speed at Mammoth Mountain, Big Bear Mountain Resort, Sugarbush, plus lift refurbishments at Mammoth Mountain, Steamboat, and Stratton, aimed at offering improved operational reliability.
- ◦Development
