from FWSA Newsflash, May 2021
The Alterra Mountain Company plans to invest $207 million in capital improvements, including $111 million in resort projects at Steamboat, Deer Valley, Squaw Valley Alpine Meadows, and Mammoth Mountain; $31 million in enterprise technology systems; and $65 million in resort maintenance and planning. Pending local government review and approval, Deer Valley plans include: Snow Park Lodge and base area to undergo a complete revision, providing additional accommodations and skier services, new contemporary food and beverage and après options, and an additional ski beach. Squaw Valley Alpine: The highly anticipated Base-to-Base Gondola (B2B) will begin construction this summer. It will provide a connection between the Squaw Valley and Alpine Meadows bases—currently a seven-mile drive. Mammoth Mountain: The multi-year Main Lodge redevelopment will create the “Base Camp to the Eastern Sierra,” with a new ski beach, state-of-the-art services, Adventure Concierge Center, an array of boutique dining and retail experiences, luxury lodging and a variety of residential ownership options, complete with club amenities and programming. This plan is in the permitting phase and scheduled to begin construction in spring 2023. Steamboat will begin a three-year, $135 million base area redevelopment and on-mountain terrain expansion. Steamboat’s Gondola Square will be transformed into a multi-use plaza with additional dining and après, retail, entertainment, and year-round gathering places. A reimagined guest arrival experience will eliminate cumbersome stairs and provide easy access to the mountain. On-mountain improvements slated for the 2021-22 season—pending additional approvals—include an additional 650 acres of advanced/expert skiable terrain in Pioneer Ridge. Guest enhancement amenities are expected to be completed by the start of the 2022-23 winter season.
