Mexico City announces its first Cablebús line will be the longest urban gondola in the world at nearly 31,000 feet. A full ride would take 46 minutes with 374 ten passenger cabins transporting up to 4,000 passengers per hour each way.
Se construirán cuatro líneas con una extensión total de 34 kilómetros, que a su vez conectarán con los distintos modos de transporte de la Ciudad: L1 Cuautepec – Indios Verdes L2 Sierra de Santa Catarina – Ermita L3 Ajusco – Universidad (TL) L4 Av. Tamaulipas – San Antonio pic.twitter.com/8LCqKKB7JU
Just weeks after declaring the Teocalli lift wouldn’t spin this season due to needed maintenance, Crested Butte Mountain Resort today announced the Riblet double will be replaced with a new fixed-grip quad next summer. Teocalli opened in 1979 and was the last operating Riblet lift at the resort. Pending Forest Service approval, the larger lift will increase capacity by more than 50 percent. The lower terminal will remain in its current location while the top station will shift closer to the Red Lady Express summit.
“The realignment and improved capacity of the lift will provide an elevated on-mountain experience via quick terrain access, improved egress to the resort base area and access to Uley’s Cabin – one of CBMR’s premier on mountain restaurants,” said Tim Baker, general manager of the resort in a blog post. “We believe this investment can provide a significant benefit to a variety of guests in the near future, and we’ll continue to listen to feedback and evaluate other potential investments that will have a similar impact for a spectrum of guests moving forward.” Ten of Crested Butte’s eleven lifts are of Leitner-Poma lineage but no manufacturer was specified. The new lift is the third to be announced by Vail Resorts for 2019, following the company’s commitment to replace two chairlifts at Stevens Pass next summer. Both Crested Butte and Stevens were acquired by Vail last summer.
With four recent additions, Vail Resorts Inc. now operates just over 10 percent of American and Canadian lifts, more than any other company. Vail prides itself on investing heavily in its mountains and the average lift at an Epic resort is three years newer than the rest of the industry. The company’s lifts now number 305 in the United States, Canada and Australia with an average age of 24.6 years. If we assume the average lift lasts 35 years, Vail would now need to replace an average of about nine lifts per year just to turn over its fleet.
A little less than a year ago, a smaller VR unveiled plans for seven new lifts as part of a $150 million annual capital plan, the largest in the company’s history. Back in 2016, Vail committed to building three six-packs as part of $103 million in capital spending for 2017 (VR later added a fourth detachable to that year’s class, the Red Buffalo Express at Beaver Creek.) In December 2015, the Broomfield-based company announced a high-speed quad for Vail Mountain and in 2014, it was $50 million in improvements including three new lifts at Park City plus another six pack at Vail. Over the last five years, more resorts have consistently led to more revenue and more capital investments. The company said it will invest $35 million at the four new mountains in the next two years, making it possible this December’s announcement will be the most valuable ever.
Going resort by resort, the most obvious projects are ones already in the pipeline, namely the Game Creek Express #7 replacement and Golden Peak race lift at Vail. But VR could go bigger like it did this summer at Whistler Blackcomb, spending $52 million to package four lift replacements together. On Vail Mountain, additional aging lifts likely to be up-gauged to six-packs eventually are Orient Express #21, Born Free Express #8 and Wildwood Express #3. The mothership mountain has the third largest and third newest lift fleet in the company and I expect investment to continue at Vail following this year’s pause.
On average, the newest lifts within Vail Resorts are at Beaver Creek, which opened decades later than its peers. A major expansion was approved in September – McCoy Park – which may be implemented in 2020. In advance of those two new lifts, the Strawberry Park Express could be updated in 2019 to a higher capacity gondola. The oldest lift at Beaver Creek is the 1988 Arrow Bahn Express, which eventually will be replaced by a newer detachable. Probably not this year though.
Sticking in Colorado, Breckenridge is usually the first or second most visited resort in America and did not see a new lift in 2018. I say a Riblet gets replaced here in 2019 and my vote would be 6-Chair with a high speed quad. My second guess would be C-Chair followed by 5, A, E and Rip’s Ride. If Vail decides to continue replacing older high speed quads instead, Beaver Run SuperChair is the logical candidate.
Keystone has both expansion possibilities and lifts that could be upgraded. The project everyone’s been clamoring for is a detachable lift from The Outback to replace Wayback. Peru Express is the oldest high speed lift at Keystone and a core workhorse, making it likely to be replaced with a six pack soon. Outback Express is one year newer and in a similar situation. Another possible replacement is Argentine, a 1977 Lift Engineering double that the 2009 Keystone Master Development Plan proposed replacing with a two stage detachable. The new lift would load near Peru, have an angle station above Lower Schoolmarm and continue all the way to the ridge of Dercum Mountain. The Keystone MDP also outlines major expansions that I expect we will hear more about over the next decade. They include a Ski Tip gondola, Bergman Bowl lift, Independence Bowl lift, Windows lift and Outback surface lift. Whatever Vail chooses, I am hopeful for a new lift or two at Keystone in 2019.
Crested Butte is the new kid on the block and Vail may wait a year or more to do anything lift wise. The mountain’s Teocalli II expansion is still moving through the Forest Service NEPA process. The Mueller family invested heavily in the Triple Peaks resorts over the years and I don’t see a whole lot needed near-term at CBMR. Replacing original Teocalli with a high speed quad would be a nice way to burn some of the promised $35 million.
The largest publicly-traded ski resort company in the world today simultaneously unveiled two major transactions to buy ski resorts in four different states for more than $300 million. Vail Resorts will acquire Triple Peaks, LLC for $82 million and Stevens Pass, Washington for $67 million, subject to regulatory approval. The former, founded and owned by Tim and Dianne Mueller, operates Okemo Mountain Resort in Vermont, Crested Butte Mountain Resort in Colorado and Mt. Sunapee in New Hampshire, hence the name Triple Peaks. Broomfield, Colorado-based Vail will buy out the three resorts’ long term leases from Oz Real Estate upon closing for an additional $155 million. Okemo, Mt. Sunapee and Crested Butte signed onto the industry-pioneering Epic Pass back in March and will now offer unlimited, unrestricted access for Epic passholders.
Another Oz-owned resort, Stevens Pass, will be sold to Vail for $67 million in a separate deal subject to regulatory approval. Stevens Pass is currently operated by Karl Kapuscinski along with Mountain High, California. The SoCal resort is not included in Vail’s purchase. Stevens Pass will join the Epic Pass for the first time, making it an even more compelling product for Pacific Northwest skiers who frequent Whistler Blackcomb. Stevens will also be included in the Edge Card, a product that predated Vail and is offered exclusively to residents of British Columbia and Washington. Notably, Stevens Pass has major lift expansions on both flanks of the current trail system in its approved master plan.
With today’s news and other deals including the sale of six resorts to Boyne Resorts, the Oz Real Estate Ski Resort Holdings portfolio now includes just Jiminy Peak and Sierra at Tahoe, down from 15 resorts at its peak under CNL Lifestyle Properties. Northstar California, Mountain High and Bretton Woods were also sold off over the last few years.
Crested Butte Mountain Resort’s vision to add three lifts and 500 acres of intermediate and advanced terrain moved forward last Friday with the release of a Draft Environmental Impact Statement by the Gunnison National Forest. Operated by Triple Peaks, LLC along with New England’s Okemo and Mt. Sunapee resorts, Crested Butte currently has a fleet of 12 lifts serving mostly beginner and expert terrain. The 58 year-old mountain seeks to provide guests more intermediate and advanced options and improve skier circulation. Triple Peaks owners Tim and Diane Mueller were previously blocked from building a five-lift, 2,000-acre expansion on neighboring Snodgrass Mountain in 2009.
Under the new plan, first proposed in 2015, one current lift would be replaced with two more added in an area called Teocalli 2 – far from Snodgrass and nearer current resort infrastructure. The North Face lift, a Leitner T-Bar installed in 2004, would be removed and replaced with a much longer chairlift. This fixed-grip quad would stretch around 5,000 feet with a capacity nearly twice that of the current surface lift. The new lift was orignally envisioned to start between the East River and Paradise lifts but is now slated to load directly adjacent to Paradise.
A second new lift with the working name Teo Park would similarly top out at the summit of the North Face but rise from the Teo 2 drainage behind. This fixed-grip triple would move 1,200 guests per hour with a slope length of 3,050′ and create a link between the proposed expansion area and the already-developed ski area front side.
The heart of the expansion lies lower in the west-facing Teo watershed, where a new high-speed or fixed-grip triple would span approximately 6,000 linear feet. Capacity would be limited to 1,200 skiers per hour and only a handful of new intermediate runs cut, totaling 89 acres. Most of the terrain – 434 acres – would be left as gladed skiing with select trees removed by helicopter. This expansive zone would supplement the popular and sometimes overcrowded intermediate runs serviced by Paradise and East River.
Public comments for this major project will be accepted here until May 10th and the Forest Supervisor is expected to make a decision around October. Implementation of approved elements could begin as early as 2019 and the Mueller family would likely sign with Leitner-Poma for any new lifts as they have for decades at Crested Butte, Okemo and Sunapee.