New Owner Set to Resume Building Tamarack, Idaho

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When a group of homeowners banded together to spin lifts at a bankrupt Tamarack Resort in 2010, it was a temporarily measure.  Eight years later, a consortium of investors has finally agreed to take over operations of the 2,100 acre resort and resume development that abruptly ceased in March 2009.  The group, made up of Imperium Companies, MMG Equity Partners and Blue River Family Office Partners, is the same one behind much of the commercial real estate at Blue Mountain, Copper, Mammoth, Snowshoe and Stratton.  It expects to close on the mountain November 30th.

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Only foundations and operator houses remain on the Wildwood site at the north end of Tamarack.

Current Tamarack staff including General Manager Brad Larsen will remain with the resort upon closing.  Industry veteran Jon Reveal will come on board as President of Tamarack Resort Holdings.  “We have been evaluating and working on this agreement for nearly two years to truly understand the history and complexities of the resort,” Reveal said in a news release.  “The partnership strongly believes Tamarack has a tremendous opportunity to thrive as a four-season destination of choice for Idahoans and visitors from across North America.  Our team looks forward to proving our commitment to Tamarack, Valley County residents, Idahoans and all our guests through investment, completion of unfinished projects and improved resort amenities and offerings.”

Jean-Pierre Boespflug led the investment group that opened Tamarack in 2003, building six lifts over two years along with significant real estate offerings.  Mr. Boespflug’s timing was unfortunate and the resort fell behind on payments for a $250 million loan by early 2008.  The lifts closed on March 4th, 2009 and Tamarack did not open again for a year and a half.  The Tamarack Municipal Association reached an agreement to operate four of six lifts in 2010 and bought assets from lenders for pennies on the dollar in 2016.  Amid the mess, Bank of America repossessed the Wildwood Express lift, which ended up at Brian Head, Utah.  Homeowners were able to purchase and retain the Buttercup lift, which was also underwater but of significantly less value than Wildwood.  At one point four other lifts came close to being sold in a sheriff sale.

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Tamarack has two Leitner-Poma high speed quads, two Doppelmayr CTEC fixed grip quads and a Poma platter surface lift today.

Under a lease agreement reached today with the State of Idaho, the new owners commit to either rebuilding or removing the remaining foundations from Wildwood by December 31, 2024 (The Idaho Department of Lands is the landlord in this case rather than the United States Forest Service.)   Imperium Co-Founder Kyle Mowitz says the focus this time will be on the mountain rather than real estate a new Wildwood could come as soon as summer 2019.  Work should also resume next spring on the incomplete Village Plaza and mid-mountain restaurant.  The Osprey Meadows golf course, which was abandoned in 2016 and is partially owned by another party, will take longer to reclaim.

I followed Tamarack’s grand opening with excitement and then watched its downfall with disappointment.  What happened was never about the mountain, which is perfect for a ski resort.  There’s gorgeous Lake Cascade at the base and boundless recreational opportunities in every season.  As a decade went by, I remained hopeful a second chance would come for this remarkable place.  Congratulations to Tamarack employees and homeowners for staying the course through some dark times to get to this new day.

News Roundup: Adding More

News Roundup: Rope Time

  • Searchmont, Ontario sells to Wisconsin Resorts, the firm behind Pine Knob, Mt. Holly and Ski Bittersweet in Michigan as well as Alpine Valley, Wisconsin.
  • Mike Solimano of Killington reveals what three lifts he would upgrade if given $100 million to spend at The Beast.
  • The new Winter Park gondola is creatively named Gondola.
  • Grand Junction’s NBC affiliate takes viewers inside the factory where Leitner-Poma lifts are created.
  • The two stage Blackcomb Gondola is almost finished; thanks Max for these pictures.
  • Next up for Ramcharger 8 at Big Sky: installation of an in-terminal video wall and the haul rope, which is going up right now.
  • Beech Mountain commissions its twin fixed grip quads.
  • Freeskier looks at Alterra’s whirlwind growth and future trajectory.
  • Rope pulling commences tonight at Walt Disney World, 24 years to the day since the Disneyland Skyway cable was taken down for good.
  • This week’s new trail map comes from Hunter Mountain.
  • In an act of sabotage, someone cuts into three haul ropes at a Pyrenees ski resort.

News Roundup: A World Away

  • As Vail Resorts shakes up management in the northeast, outgoing Mt. Sunapee GM Jay Gamble reflects on 20 years of growth including four new lifts and 110,000 annual skier visits.
  • Vail also says goodbye to Sunapee’s Duckling double after 55 years.
  • The owner of Mt. Washington, British Columbia; Ragged Mountain, New Hampshire; Wisp, Maryland and Wintergreen, Virginia takes over operations at Powderhorn, Colorado.
  • Propelled by five major projects in Colorado, Leitner-Poma says 2018 is it biggest year ever in the United States.
  • The $2 billion Salesforce Transit Center in San Francisco, which features a short aerial tramway, is mired in problems unrelated to the lift.
  • Construction begins in Switzerland for the world’s second longest 3S with the most towers – seven.
  • With new six and eight passenger lifts, Big Sky Resort shifts away from the double/triple/quad lift lingo.
  • Alterra names KSL veteran Adam Knox Senior Vice President of Strategy and Corporate Development to lead the company’s acquisitions and resort partnership group.
  • Due to the amount of lift work needed after seven shuttered years, Cockaigne, NY won’t reopen this winter after all.
  • One of the longest Riblets retired from Snowmass turns up in the Pakistani town where Osama bin Laden was killed.
  • A freshly cut lift line is spotted in the Spanish Peaks development adjacent to Big Sky Resort, probably for the planned Highlands chair.
  • The Berkshire Eagle looks at Catamount’s $5 million fall.
  • A judge quashes spending for lift maintenance at the Hermitage Club, which remains in foreclosure.  A new lawsuit against the ski area alleges breach of contract and consumer fraud.
  • Another aerial tramway cabin crashes in Europe, this time on the one year old Bartholet jigback Staubernbahn.  No one was hurt as the cabin that hit the ground was empty.
  • The Boston Globe talks with Mainers about a fourth winter without Saddleback.
  • In New Zealand, The Remarkables is set to build the inaugural D-Line in the southern hemisphere and Coronet Peak announces a Leitner Telemix.
  • The new Bretton Woods trail map indicates the gondola may not be called Presidential Bahn after all.
  • As Copper Mountain and Leitner-Poma crews work hard to finish two big lifts, opening weekend shifts to Super Bee.

News Roundup: More Maps

  • As Aspen Mountain considers a Telemix combination lift, the Aspen Daily News looks back at other unique lifts in Pitkin County history.
  • Purden Ski Village in BC is for sale at $1.7 million USD ($2.2 million CAD).  The area operates two doubles and a T-Bar, all built by Mueller.
  • Snowbird’s Chickadee has a new tower that hangs from a bridge.
  • The final Disney Skyliner towers rise from a lake and one station gets a mural.
  • Peak Pass sales are pacing ahead of last year by 19 percent in units and 22 percent in dollars despite increased northeast competition from Vail and Alterra.
  • The shut down Hermitage Club expects to close on $25-30 million in financing around Thanksgiving.  One potential reopening complication: the chairlifts haven’t been touched by mechanics since March.
  • A new trail map shows the locations of Killington’s three new lifts.
  • Beech Mountain is rocking two new quad chairs this winter and an all new trail map.
  • Taos has an updated map to go along with its high speed quad.

News Roundup: Decisions, Decisions

  • With approvals inked, Steamboat considers whether to build a second gondola or the Pioneer Ridge expansion first.
  • The Kohlmaisbahn in Saalbach, Austria becomes the first gondola spotted with Omega V cabins.
  • The Hermitage may miss Christmas.
  • Catch a glimpse of the new Winter Park gondola cabinsKillington too!
  • The eight urban gondolas in La Paz transported a 318,532 riders last Wednesday – a crazy new single day record.
  • Thanks to community support, Antelope Butte is poised to reopen with two chairlifts.
  • After having its summer camp shut down by the state of New Hampshire, Granite Gorge likely won’t open for downhill skiing this winter.
  • The ex-Gore Mountain employee who claimed he was left on a lift overnight last winter is convicted of making a false statement to police and ordered to pay a $1,000 fine.
  • Mont Gleason, Quebec will build a fixed grip quad with loading carpet next summer.
  • The Iron Mountain Tramway in Glenwood Springs is carrying its final riders next Sunday as Leitner-Poma mobilizes to build an improved gondola this winter.
  • Thanks to Jared Emerson for taking me around the newest North American lift by LST Ropeways at Waterville Valley.  She’s a beauty!

News Roundup: Coast to Coast

CWA and Doppelmayr Introduce Omega V

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On the heels of building its 50,000th Omega gondola cabin, CWA Constructions introduced the fifth generation of an icon yesterday.  Omega V features updated design language and is highly customizable for monocable gondola installations going forward.  Omega first debuted back in 1983 and the the rest is history.  The Omega IV joined the dynasty in 2007 and in just a dozen years became the chosen carrier for 29 gondolas in the United States and Canada.  “The new cabin features the unmistakable Omega shape which merges seamlessly with any of its surroundings. The cabin has been completely redeveloped while retaining the core values of a true Omega,” Doppelmayr says.

 

Designed with 10 passenger D-Line systems in mind, The V will become the global standard for snow, tourism and urban installations by the Doppelmayr Garaventa Group, of which CWA is a member.  The changes I noticed first were the suspension going below the roof line and the bench seats being swapped for individual places (each seat is 18.1 inches or 460 mm wide, more than you’ll find in a typical economy airline seat.)  The V has new ergonomic ski rack choices, two bumper options and wider doors that open to 35 inches (900 mm.)  A single door can hold up to six pairs of powder skis or five with a snowboard lot.  An interior bike rack is also available.

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News Roundup: Next Generation

  • The above $52 million masterpiece and highest-ever 3S opens for business in the shadow of the Matterhorn.
  • The Leitner-Poma Group’s sixth tricable gondola is set to carry commuters between three stations in Toulouse, France from 2020 and will cost $94.5 million to build.
  • Alterra closes on its purchase of Crystal Mountain.
  • A lift operator and his employer, Killingon/Pico, are sued following a loading mishap.
  • An eighth urban gondola line opens in La Paz and carries 72,740 riders on its first day.
  • CWA teases Omega V, the next evolution of the world’s best selling gondola cabin.  While we wait to see what it looks like, check out hundreds of CWA designs from the past 75 years.
  • The Palm Springs Tram gets a new 13,500′ x 45 mm upper haul rope from Fatzer.  Thanks Kirk D. for the photos.
  • Horseshoe Resort’s retired 1989 Doppelmayr detachable quad hits the used market.
  • Whistler Blackcomb’s 2018-19 trail map shows what $52 million worth of new lifts looks like.
  • Read up on Sun Peaks’ new Orient quad here.
  • Lone Mountain Land Company eyes two more lifts on the Spanish Peaks side of Big Sky Resort and nine in Moonlight Basin.
  • Revelstoke’s newspaper looks into rumors of a gondola project on Mt. Begbie.
  • The City of Los Angeles will study two Hollywood gondola ideas.
  • Another Disney Skyliner station is nearly finished with tons of windows.
  • Windham names its new lift Westside Six.  I stopped by last week to check out the progress.

News Roundup: Down to the Wire

  • Beaver Creek renames the Buckaroo Express gondola Haymeadow Express, the name of the double chair which ran in the same alignment from 1980 to 2007.
  • Whether the Hermitage Club closes a $30 million loan to catch up on lift maintenance and operate this winter is still an open question.
  • Arapahoe Basin and Leitner-Poma fly steel for the Beavers project.
  • As of yesterday, Vail Resorts officially operates Okemo, Mt. Sunapee and Crested Butte.
  • Vail reports fiscal 2018 resort EBITDA was $616.6 million, an increase of 3.9 percent over the prior year.  2018-19 season pass sales are up 25 percent in units and 15 percent in dollars as of Sunday.
  • West Mountain adds a million dollar chairlift and looks to build another.
  • A New York-based developer receives one of many approvals for Mayflower Village at Deer Valley, which could eventually mean a slate of new lifts.

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  • Doppelmayr is named in connection with an urban gondola eyed for Long Beach, California.
  • Watch a remarkable 3S gondola launch live from Zermatt at 9:15 Eastern tomorrow morning, 6:15 Pacific.
  • The CFO and COO of Peak Resorts open up about their decision to buy Snow Time and note the three new mountains don’t immediately need much capital investment.
  • The longtime owners of Great Divide, Montana plan to sell to another couple next year.
  • Legendary ski resort builder Les Otten remains committed to The Balsams but laments, “time is killing this project.”
  • Mountain Capital Partners releases more details on the Spider Mountain Bike Park project.
  • The damaged Zugspitze cabin is successfully lowered to the valley for disassembly.  The cable car’s operator says damage exceeds $1.2 million and the lift could reopen by year end.
  • Boreal names its new quad California Cruiser.
  • The latest Leitner-Poma six-pack at Hunter Mountain, seen below, will be called Northern Express.