Colorado Aspen Skiing Co plans to move forward on capital improvements

[Tricia]

In an interview with Aspen Times, Kaplan assures that Aspen Ski Co that they plan on moving forward with the capital improvements that were announced earlier this year. -
Alterra Mountain Company Announces $223 Million in Capital Improvements for the 2020/2021 Winter Season

Clip from article:
Skico President and CEO Mike Kaplan said in an interview Wednesday the replacement of the Big Burn chairlift at Snowmass, construction of a workforce housing project at Willits Town Center in Basalt and reroofing of the Sundeck on Aspen Mountain remain on the to-do list.

 

[Nancy Hummel]

I love working and living in AspenSnowmass.

Great place, great people.

 

[ScotsSkier]

assuming this lockdown goes out another month I am betting the chairlift replacement goes on hold - simple timelines, if it doesn't start on time you get stuck with no chairlift next season...

 

[Green08]

I credit them for trying to be optimistic within this media cycle. It gives them some good press.

What they can actually do as construction windows tighten is another matter.

 

[Mike King]

assuming this lockdown goes out another month I am betting the chairlift replacement goes on hold - simple timelines, if it doesn't start on time you get stuck with no chairlift next season...

All of the terrain served by the Big Burn lift is equivalently served by the Sheer Bliss lift. It's possible that the weather issues may not be a constraint. A bigger issue is whether and when Pitkin County might lift the ban on construction activities.

As important as the Capex decisions in the article is how SkiCo has treated their employees. There's are some real benefits to private ownership!

 

[Tricia]

As important as the Capex decisions in the article is how SkiCo has treated their employees. There's are some real benefits to private ownership!

From the article.
Skico also has approval from Basalt to build a 43-unit affordable housing complex in Willits. Site work already has started on the project, which will provide 150 bedrooms. The cost of the project is about $19 million with construction and land acquisition, Hanle said.

 

[Nathanvg]

What happened to pandora timeline? I thought it was this summer too. Latest article I could find: https://www.aspentimes.com/news/loc...nsion-needed-to-keep-aspen-mountain-relevant/

 

[Mike King]

The pandora expansion is held up over zoning with the Pitkin County board of commissioner’s.