Alterra Announces $344 Million Capital Plan for 2022

Alterra Mountain Company today affirmed plans to open big new lifts in 2022 and more next year as it increases investment across its 14 resorts. This year’s $344 million plan includes $93 million in increased capacity and terrain expansion, $91 million for skier services upgrades, and $16 million in guest experience technology with a focus on Palisades Tahoe, Steamboat, Crystal Mountain, Mammoth Mountain and Deer Valley.

At Palisades Tahoe, the $65 million Base-to-Base Gondola will be completed this summer after two seasons of construction. The Leitner-Poma gondola will connect the two mountains of the resort for the first time, giving skiers and riders access to a combined 6,000 acres of terrain and making Palisades the third largest resort in North America. The 16 minute gondola ride will take skiers and riders between The Village at Palisades Tahoe and Alpine Lodge, reducing road congestion in the region and making it easier to enjoy both mountains in a single day. It is the first gondola of its kind in North America, with four terminals connecting two base areas via a climb of nearly 2,000 vertical feet.

Winter 2022-23 will also see phase two of Steamboat’s Full Steam Ahead redevelopment completed with $90 million of investment to include the relocation of the lower terminal of the Christie Peak Express and the first leg of the Wild Blue Gondola, which will take guests to the new Greenhorn Ranch learning center at mid-mountain.

Wild Blue will become the longest gondola in North America and the fastest 10-person gondola in the country. With the lower leg opening in 2022-23, and the upper leg opening in 2023-24, the state-of-the-art Doppelmayr D-Line gondola will feed skiers/riders through a newly created mid-station adjacent to Bashor Bowl with the final destination of Sunshine Peak. It will feature the first Omega V cabins in the United States. At a total length of 3.16 miles, the new gondola will increase the out of base capacity from 6,000 people per hour to 10,000 people per hour, getting skiers from bottom to top in 13 minutes. The recently re-graded Rough Rider/Bashor Basin area will be home to Greenhorn Ranch, an area dedicated to beginner skiers and riders. It will feature progressive terrain-based learning and a dedicated chairlift.

For winter 2023-24, 650 acres of advanced terrain will open on Pioneer Ridge, making Steamboat the second largest ski resort in Colorado. This expert, gladed terrain will be serviced by a new detachable chairlift.

At Washington’s Crystal Mountain, $100 million will be spent over the next five years. The largest investment ever made at Crystal will focus on greater access, more space and significantly enhanced skier services. Work will begin this spring with $25 million for additional parking and a new 25,000 square foot skier services facility called Mountain Commons. No lift projects were announced but Crystal Mountain President Frank DeBerry has made no secret his wish list includes a replacement for the Rainier Express, a new gondola to the summit and relocation of the current Mt. Rainier Gondola to Campbell Basin.

At Mammoth Mountain, summer 2022 will see ground and infrastructure work to facilitate the replacement of the Canyon Express at Canyon Lodge and Broadway Express at Main Lodge. Doppelmayr initially planned to build these lifts in 2020 before the Coronavirus pandemic postponed the project. The new high-speed six packs are planned to finally debut in winter 2023-24.

New for winter 2022-23 at Deer Valley, the Burns Express chairlift will debut at the Wide West learning area. This high speed chairlift will connect the Snow Park base area to Little Baldy Mountain, offering ski school access to more beginner teaching terrain and providing an additional option for skiers to navigate out of the main arrival area. The $6 million investment to improve the learning area on Wide West will also include enhancements to the existing Snowflake chairlift, installing and reconfiguring surface lifts and grading beginner terrain.

“This historic investment is clear evidence of our commitment to deliver a premier guest experience at our North American destinations and our engagement towards the long-term future of our mountains,” said Rusty Gregory, CEO of Alterra Mountain Company. “More than ever, we continue to infuse meaningful capital into projects that will transform our base areas while significantly improving our physical and digital on-mountain offerings to ensure that our guests experience the best of the mountains.”

Some previously-approved projects were absent from Alterra’s latest announcement, namely the Red Dog replacement at Palisades, Timber expansion at Tremblant and Pioneer Express upgrade at Winter Park.

News Roundup: Growing Pains

News Roundup: Life Behind Lifts

News Roundup: Moving Parts

News Roundup: Grab Bag

News Roundup: Four More Weeks

  • I managed to completely miss an installation from last year – a used Doppelmayr quad at a publicly-owned hill in Lévis, Quebec.
  • Bousquet acknowledges engineering issues with its chairlift project and offers passholders privileges at nearby ski areas until its new triple is complete.
  • Ontario extends the closure of ski resorts another 28 days, forcing business like Mt. St. Louis Moonstone to make more difficult decisions.
  • France’s 250+ ski resorts may not open at all this season.
  • Austrian resorts expect business to plunge 75 percent this year, calling operating “philanthropic” rather than profitable.
  • One of British Columbia’s largest resorts provides a sobering look at business: lodging occupancy down 87.5 percent, midweek skier visits down 84 percent and ski school down 96 percent.
  • Here’s another 1A update from Aspen.
  • As it negotiates with Vail Resorts, the Park City ski patrol union weighs attempting to unionize other work groups such as lift operators.
  • Skeetawk remains closed for a second week following a lift malfunction.
  • Kimberley reopens the Northstar Express after a successful multi-continent repair effort.
  • Utah’s new Governor expresses support for a gondola in Little Cottonwood.
  • A new lift garners rave reviews at Lake Louise.
  • There’s tons of cool lift history in this feature on the legendary Lone Peak Tram.

News Roundup: Wild Times

News Roundup: Millions

News Roundup: Bidding War

News Roundup: Alterra

  • Neighbors aren’t happy about light and noise from Woodward Park City, though the new area was able to turn down the start alarm on the Hot Laps chairlift.
  • Mt. Baldy in Thunder Bay, Ontario plans to buy a new quad chair for next season.
  • The City of Durango considers whether building a new chairlift at Chapman Hill makes sense at an increasingly marginal elevation for natural snow.
  • Spout Springs will remain closed this season and is still for sale.
  • Mexico City begins work on Cablebús Line 2, a Leitner system with 7 stations, 308 cabins and 59 towers.  (Line 1 is Doppelmayr and already under construction.)
  • Seven people are injured and a gas station destroyed when a gondola haul rope being installed in Medellín, Colombia lets loose.
  • Alterra closes on Sugarbush and Win Smith transitions from owner to employee.
  • A French paraglider is lucky to survive being caught in a platter lift‘s haul rope.
  • To address crowding concerns, Crystal Mountain eliminates walk up lift ticket sales on weekends and holidays, effective immediately.  The resort will also no longer offer group discounts, gift card ticket redemptions or rental/ticket packages on weekends and holidays.
  • New York State opens its newest gondola in Lake Placid, called the SkyRide.
  • Geyser Holdings offers $4 million for the Hermitage Club and Boyne Resorts separately bids $3.6 million for the Barnstormer lift.  An auction could be held next month.
  • Skytrac’s Hilltrac people movers now feature Sigma cabins.
  • Montana Snowbowl opens its Snow Park expansion for the first time.
  • The owners of Perfect North Slopes plan to build at least one new top-to-bottom lift at newly-acquired Timberline, West Virginia this summer.
  • The State of Maine postpones a decision on a loan guarantee related to the sale of Saddleback Mountain.
  • A creditor claiming to be owed $62 million files to foreclose on Granby Ranch.
  • Edmonton urban gondola backers release robust ridership projections.
  • A gondola from Boise to Bogus Basin would be too long and cost too much to be practical.