stick n move
Superstar
- Joined
- Oct 14, 2009
- Messages
- 11,517
- Reaction score
- 16,561
Ski Resort Owners Pursue Huge Mixed-Use Projects As Demand Grows
“Killington Ski Resort, the largest ski area in New England, is being eyed for one of the largest commercial developments in the region.
The Vermont resort sold in September to a group including Great Gulf, a Canadian developer that is planning a $3B project that would include 2,300 residential units.
The idea to build a ski village — a place for skiers and snowboarders to live, stay, eat, drink and shop — has been discussed at Killington for decades. But it ran into a series of roadblocks involving the U.S. Forest Service's ownership of the land and pushback from environmentalists.
The latest plan still faces some state-level hurdles, but Great Gulf President of Resort Residential Michael Sneyd told Bisnow he is confident it will move forward.
"People have been waiting for this for a long time," Sneyd said.
Some of the most popular ski resorts across the country — from New England to Colorado to California — have come under new corporate ownership in recent years, and investors are looking to expand and grow operations as demand for skiing and snowboarding continues to increase.
This could mean billions of dollars of investment in mixed-use projects that could change the face of many of America's favorite winter destinations. But many of these projects have faced similar challenges around land constraints, lengthy permitting processes and environmentalist opposition that make it difficult to add new housing, amenities and commercial development……”
https://www.bisnow.com/national/new...llion-dollar-expansions-growing-demand-127903
There's a lot at stake as $3 billion ski village at Killington takes shape

“Killington, the state's largest ski resort, has seen a lot of recent changes. In September, the ski resort was sold for an undisclosed sum to a group of private investors, many with local ties.
In 2023, Great Gulf, a Canadian developer paid $43 million to purchase 1,095 acres of land, including land and development rights at the base of the Killington mountain with hopes to do something many other developers have tried and failed to do — build a ski village in Killington, with new condos, homes, shops, restaurants and what Great Gulf is calling the largest “ski beach” in the East.
The idea of a ski village at Killington, the state’s largest ski resort, has been around for decades.
Even Preston Smith, who opened Killington in the late 1950s, had some village designs made in the 1960s. But over the years, all the various plans fell through.
But local officials today, despite some hiccups and delays, feel a lot more confident that it’s finally going to happen. They point to a combination of town investment and Great Gulf’s plans and corporate portfolio.
The town has invested some $80 million into improving local infrastructure. They’re putting in a new municipal water supply system and improving the roads, all to lay the foundation for the high-density development that would be part of a new ski village…..”

“The first phase will include approximately 720 residential units — a mix of ski-in ski-out condos, duplexes and single family homes — and a large new base lodge and 110,000 square feet of retail and dining space, said Michael Sneyd, President, Resort Residential Division at Great Gulf. Great Gulf also plans to develop walking and biking trails, fitness centers, spas and a wooded amphitheater.”
https://www.vermontpublic.org/local...billion-ski-village-at-killington-takes-shape




https://www.livekillington.com/
Last edited: