Berkshire Bank of Massachusetts initiated foreclosure proceedings on the Hermitage Club and related properties last Friday, claiming three loans worth $17 million are in default with $16.3 million in principal still outstanding. The private club, located next to and once part of Mt. Snow, is open and spinning lifts this weekend but it’s not clear how long that will continue. While the marketing department feverishly posts pictures of fresh snow and smiling children on social media, what happens next will probably be decided in a court room. No one knows the eventual outcome but recent ski resort foreclosures and bankruptcies offer some insights.
Amid zip line dispute, Peak Resorts threatens to close Hidden Valley, remove five chairlifts and sell the land to a residential developer.
“I’m very confident we’re going to havenew resources we haven’t had in previous years,” Steamboat COO says of Crown/KSL ownership. Deer Valley President and COO Bob Wheaton makes similar comments in Park City.
Seventy percent of the 1,277 T-Bars, J-Bars and platter (sometimes called Poma) lifts built in North America to date are no longer in service. That would suggest the traditional surface lift is a dying breed in the age of beginner-friendly carpets, which go in by the dozen every year of late. But over the last two seasons, a bit of a renaissance has emerged, with more mountain resorts adding brand new T-Bars and platters. Four T-Bars being completed right now represent the highest number in North America since 1987. Even more resorts are considering building these classic surface lifts, although the reasons why have little to do with learning to ski.
Yesterday I visited both Burke Mountain, Vermont and Cannon Mountain, New Hampshire, where local ski clubs recently partnered to build dedicated surface lifts on terrain used for racing. In some cases, these types of lifts are open to the public but other times not. New T-Bars are relatively cheap with costs typically covered by donors and/or program fees. Another reason for this application is speed; every T-Bar built since 2011 can move at least 550 feet per minute, significantly faster than most fixed-grip chairlifts. The Franconia Notch Ski Club’s new T was built by LST Ropeways and goes up to 690 fpm; Burke Mountain Academy’s nearly-finished one is a Leitner, shown below.
Firm pitches gondola to link South Station to the Seaport district in Boston.
The United Nations Human Settlements Programme and Doppelmayr publish a 12-page summary of their first Academy of Sustainable Urban Mobility conference held in Austria last April.
LST Ropeways will build its second North American lift at Waterville Valley, though Skytrac will no longer provide controls, operator houses and installation for the French company.
A new Doppelmayr gondola, bubble high speed quad and triple chair will debut in December on Eglise Mountain at the Yellowstone Club, by far the biggest lift project in North American skiing for 2017. Thanks to Everett K. for these cool photos of the progress.
Y.C. has also listed for sale the 160-acre Cedar View Ranch, offering someone the opportunity to build a private lift to the bottom of the Lake lift.
The Yellowstone Club in Big Sky, Montana will likely build not one, but three new lifts this summer as it adds Eglise Mountain to its expansive roster of ski terrain. The second section of a future two-stage gondola, along with a detachable bubble quad chair and new beginner triple chair are all slated to debut in time for the Club’s 17th winter season next year.
Doppelmayr USA will build the new lifts and already poured many of the tower and terminal footings last summer. The upper section of the 8-passenger Eglise Gondola will debut first, with the lower stage to be added when the 550,000 square-foot Village Core is substantially completed. That project, located adjacent to the Warren Miller Lodge, is also underway and currently the biggest construction project in Montana. A dedicated building in the village will eventually house the new gondola’s base terminal, not far from the Lodge lift.