Alterra Mountain Company says it plans to invest more than $180Â million at its ski resorts, including $17 million at Squaw Valley Alpine Meadows.Â
Alterra says those capital investments will include a new $10 million chairlift at Alpine Meadows and new surface lifts and terrain enhancements at Squaw Valley.
The company says his year’s $181 million plan also includes $32.3 million towards improved gondolas and lifts, a $27.1 million investment in innovation to offer customer-friendly technology, $8.3 million towards state-of-the-art snowmaking, $6.2 million dedicated to expanded dining experiences, $6.3 million in summer activity investments, and nearly $10 million in planning efforts to unlock future potential terrain and lift expansions, base area developments, new dining facilities, and four-season activity offerings.
The capital projects are part of an improvement plan totaling more than half a billion dollars through the 2022/2023 season.
The company says construction will begin this spring, weather permitting.Â
Alterra Mountain Company’s resorts spans six U.S. states and three Canadian provinces:
Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.Â
(Alterra Mountain Company contributed to this report.)
