Jay Peak Conceptual Development Plan (2011-2016)

[dlague]

Things I do not care about basically nor use (hopefully not the clinic )

+1 - unless we decide to stay ay Jay then night time activities may play into our plans. However, with my parents home being 30 minutes away or the fact that we can day trip it from NH, not so much. Since they are selling their home next summer, staying at Jay will be more likely next season going forward or result in more day trips.

 

[from_the_NEK]

From the Jay Planning Commission & Zoning Board:

Construction Plans for Next Year:

Nothing too surprising there. There was rumor that the "boutique movie theater" might be an IMAX. That would be cool.

 

[JPTracker]

What's interesting here is that this completes their master plan with the exception of the West Bowl (permit problems) and the Trail modifications (can't use EB5 money).

The only other thing I think needs to be done to Tramside / Stateside is to renovate the Tramside cafeteria. It was originally supposed to be done right after the Tram House Lodge but since this can't be done with EB5 money it has been put off indefinitely.

 

[kingdom-tele]

What's interesting here is that this completes their master plan with the exception of the West Bowl (permit problems) and the Trail modifications (can't use EB5 money).

The only other thing I think needs to be done to Tramside / Stateside is to renovate the Tramside cafeteria. It was originally supposed to be done right after the Tram House Lodge but since this can't be done with EB5 money it has been put off indefinitely.

kind of makes one wonder where all the money that is not EB5 related is going

 

[Smellytele]

kind of makes one wonder where all the money that is not EB5 related is going

Just pondering that myself

 

[fbrissette]

Just pondering that myself

I assume they keep separate accounting for EB5 projects and mountain ski operations. Depending on how they allocate costs it's possible that the ski operations are not very profitable. The large increase in skier-days is certainly due in large part to the new hotels and on-site accommodations. Lift tickets are complimentary with rentals and may generate little revenues for the mountain operation.

Ultimately, they must have decided that additional mountain investments would not increase the ski business enough to be worthwhile. Most mountain improvements over the past 4-5 years have been mostly targeted toward improving the experience of novice and family skiers. They've added snow guns on many slopes but without increasing the capacity to make snow. The taxi quad has been added to provide better access to beginner slopes but does not provide anything significantly better than the old T-bar (which had to be destroyed anyway because they are building the last wave of EB5 units right on it). The west bowl will testify as to Jay's commitment toward its core skiers and we all know how this has been going.

I'm not saying that all development has been bad, but clearly, mountain improvements are severely lagging behind.

 

[from_the_NEK]

Correct me if I'm wrong but even though the vast majority of the current construction is funded by EB5, doesn't a certain percentage of the total have to be funded by the developer (i.e. Jay Peak)? That could be a pretty significant chunk of $ even if it is only 5% of the total cost of these projects.

 

[kingdom-tele]

didn't they have over 400K skier visits last year? Seems like that would make a decent egg of money even if they had to come up with 5%

anywhoo. looking white up here and no sign of it getting less white.

 

[from_the_NEK]

didn't they have over 400K skier visits last year? Seems like that would make a decent egg of money even if they had to come up with 5%

anywhoo. looking white up here and no sign of it getting less white.

Maybe they are hoarding a bunch of cash to build the Powerline 6, and West Bowl all at once with as little financing as possible? It seems like they have so far been able to avoid borrowing any money from banks to do any of their projects. <End:rose colored glasses>

 

[xlr8r]

I thought they still needed to build their planned, roller coaster, go kart track, indoor soccer field, and casino before they could start work on west bowl. Hmmm

 

[BenedictGomez]

I thought they still needed to build their planned, roller coaster, go kart track, indoor soccer field, and casino before they could start work on west bowl. Hmmm

Don't laugh. Once you feed from the government trough, you tend to do whatever you can to keep eating.

Wouldn't shock me if at some point they "Jump The Shark" to keep foreigner's EB5 money rolling in (if you dont believe they're already done so). FWIW, my "Jump the Shark" moment was calling for a biotech company in Newport, Vermont, for which I will be positively amazed if that venture doesn't fail (badly).

 

[thetrailboss]

Bump. An interesting article on EB5:

http://vtdigger.org/2014/03/04/eb-5-national-reports-shine-spotlight-immigrant-investment/

 

[deadheadskier]

wonder if there are any updates on West Bowl. From the sounds of how busy Jay has been this season, it would seem they could use the extra terrain and lift capacity to spread the crowds out.

 

[Sick Bird Rider]

Bump. An interesting article on EB5:

Thanks for bumping.

You can debate EB5 till you are as blue in the face as the bus in the Bullwheel Bar. What really matters is what people think about the 54 steps at Stateside Lodge...

 

[fbrissette]

They are confident they will get the final permits before summer.

 

[thetrailboss]

Thanks for bumping.

You can debate EB5 till you are as blue in the face as the bus in the Bullwheel Bar. What really matters is what people think about the 54 steps at Stateside Lodge...

54 steps?

 

[fbrissette]

54 steps?

You now have to walk up 54 stairs to get to the Bonnie. Some think it is a big deal...

 

[thetrailboss]

You now have to walk up 54 stairs to get to the Bonnie. Some think it is a big deal...

I figured. We had a similar deal with Sugarbush a few years back with those wooden steps from the parking lot to the Gatehouse Lodge.

 

[fbrissette]

I figured. We had a similar deal with Sugarbush a few years back with those wooden steps from the parking lot to the Gatehouse Lodge.

I did not count the number of steps. I trust Sick Bird Rider's number. I don't use the new lodge, but I think the upgrade is worth at least 300 steps. So 54 is a good deal. The toilet smell from the old lodge still haunts my dreams.

 

[thetrailboss]

I did not count the number of steps. I trust Sick Bird Rider's number. I don't use the new lodge, but I think the upgrade is worth at least 300 steps. So 54 is a good deal. The toilet smell from the old lodge still haunts my dreams.

I think us Burke fans would GLADLY take this 54 steps problem instead of what we have now.