Big Burke announcement

[thetrailboss]

I think that there is no excavation because the money is not in hand yet. As noted, Bill is "fundraising" and right now he and the Governor are in China seeking capital. So once the money is in hand, the paperwork is done, then I think we will see something more definite. Will Burke have a "Made in China" label now?

I also *hope* that Bear Den will be saved. FWIW I see on FB that there have been some bands up there this summer. I think that the plan is to run the place this winter and, like the last how many ever years, to just keep things going for now before they do their work next year. And I fear that they will just pull out the Jay play book since that is what they know and what is easiest. Tram Haus II coming soon?

And it's interesting how we are all here again like with Bear Kingdom Ltd, Northern Star, and Ginn with the feeling of the inevitability of change that always seems to be right on the horizon but yet never comes. Like those previous times, there are lots of ideas but no money.

 

[AdironRider]

I think that there is no excavation because the money is not in hand yet. As noted, Bill is "fundraising" and right now he and the Governor are in China seeking capital. So once the money is in hand, the paperwork is done, then I think we will see something more definite. Will Burke have a "Made in China" label now?

I also *hope* that Bear Den will be saved. FWIW I see on FB that there have been some bands up there this summer. I think that the plan is to run the place this winter and, like the last how many ever years, to just keep things going for now before they do their work next year. And I fear that they will just pull out the Jay play book since that is what they know and what is easiest. Tram Haus II coming soon?

And it's interesting how we are all here again like with Bear Kingdom Ltd, Northern Star, and Ginn with the feeling of the inevitability of change that always seems to be right on the horizon but yet never comes. Like those previous times, there are lots of ideas but no money.

Way back in this thread I kinda imply that Jay has reached a sort of "tipping point" so to speak with their growth and expectations. Everything they've touched has turned to gold so far, and I think its clouding their judgment. At some point EB-5 money will stop rolling in, and I'm going to be interested to see what happens. Based on their diving and seriously crackpot plans they seem to be coming up with today, I'm afraid Jay might be heading towards disaster.

 

[dlague]

Way back in this thread I kinda imply that Jay has reached a sort of "tipping point" so to speak with their growth and expectations. Everything they've touched has turned to gold so far, and I think its clouding their judgment. At some point EB-5 money will stop rolling in, and I'm going to be interested to see what happens. Based on their diving and seriously crackpot plans they seem to be coming up with today, I'm afraid Jay might be heading towards disaster.

Interesting point! I have to think that they foretasted the potential for EB-5 money based on some solid contacts or connections.

 

[crank]

I think the big attraction at Burke will be shark jumping!

 

[thetrailboss]

I think the big attraction at Burke will be shark jumping!

:roll:

 

[thetrailboss]

The latest:

[FONT=Verdana, Times New Roman, Times, Serif]Burke MountainPower Lines Being Extended For Snowmaking, Hotel[/FONT]

[FONT=Verdana, Times New Roman, Times, Serif]LYNDONVILLE -- Q Burke Mountain Resort is working with the Lyndonville Electric Department to upgrade electric service to meet increased power needs for snow-making this ski season and the planned hotel, LED Manager Ken Mason told Lyndonville Village Trustees this week.[/FONT]

 

[thetrailboss]

And as to the development, I think we can all agree that the real reason is that they have not raised the EB-5 money yet.

 

[thetrailboss]

Way back in this thread I kinda imply that Jay has reached a sort of "tipping point" so to speak with their growth and expectations. Everything they've touched has turned to gold so far, and I think its clouding their judgment. At some point EB-5 money will stop rolling in, and I'm going to be interested to see what happens. Based on their diving and seriously crackpot plans they seem to be coming up with today, I'm afraid Jay might be heading towards disaster.

That is a fair point. And with the problems in DC, folks might be rethinking investing in this country.

 

[Masskier]

For years Burke used electricity to make snow at night during off peak hours. Now they will be able to make snow 24 hours a day.

 

[thetrailboss]

For years Burke used electricity to make snow at night during off peak hours. Now they will be able to make snow 24 hours a day.

That's not completely accurate. Burke used a generator for many years so that they could make snow around the clock when needed. The increased electric line is for the hotel, etc. and my understanding was that Burke had an agreement with LED to not make snow using electricity because of electric rates and electric supply, not necessarily because of the line to Mid-Burke.

 

[Masskier]

That's not completely accurate. Burke used a generator for many years so that they could make snow around the clock when needed. The increased electric line is for the hotel, etc. and my understanding was that Burke had an agreement with LED to not make snow using electricity because of electric rates and electric supply, not necessarily because of the line to Mid-Burke.

Correct, Sorry I wasn't more clear. Burke use to rent diesel compressors, that was a major disadvantage as the price of fuel sky rocketed. They only rented them for approx 45 days, very seldon using them after New Years, Then last year they bought Marge ( electric compressor). But because of their agreement with LED it was only used at night, Now with the new line and a new agreement they have all the power they need for the new hotel and snow making.

 

[from_the_NEK]

I believe the large new substation LED built in Lyndonville a couple of years ago also gives them more capacity and greater reliability. Thereby allowing a new line like this to work.
The project is actually two line (on the same pole route?). One line is for snowmaking and will be billed under the "Interruptible service rate". The second line will be for the hotel and be billed under "General Service Large". I'm guessing the "interruptible" rate is cheaper.

 

[from_the_NEK]

Not using generators will also allow them the remove the shed that housed them which is very close to where the new hotel is going to be built.

 

[SkiRaceParent]

http://vtdigger.org/2013/10/01/shumlin-stenger-return-eb-5-promo-trip-asia/

Informative EB-5 article..in between a lot of political ranting about the government not having raised the funds to invest in politician travel and instead the programs investing in them, it's fairly informative, especially the following: '“I’m expecting between 100 and 150 investors to come from this trip,” Stenger said Tuesday, the majority to solidify in the next 30 days.

That would yield between $50 million and $75 million in capital, to be split between Newport’s future AnC Bio and Burke Mountain. Stenger is not authorized yet to raise funds for Jay Peak’s other planned development, a combined mixed-use block, marina and waterfront hotel in downtown Newport.'

 

[kingdom-tele]

Anyone know if they are keeping the Sunday afternoon half day reasonable price?

 

[the original trailboss]

Interesting to note that the Burke website still shows a late 2014 date for the opening of the hotel..........................

 

[thetrailboss]

Interesting to note that the Burke website still shows a late 2014 date for the opening of the hotel..........................

I think that we all agree that this has been postponed. There's no site work going on now.

 

[from_the_NEK]

Interesting to note that the Burke website still shows a late 2014 date for the opening of the hotel..........................

Have you heard any feedback from the panel session we did last Spring?

 

[from_the_NEK]

In related Hotel news...
http://www.skiburke.com/contest/index.php
Check out the new logo near the top. Not sure if this is a new official logo but I like the incorporation of the Bear and the Mtn with the “Q” being understated.

 

[Smellytele]

In related Hotel news...
http://www.skiburke.com/contest/index.php
Check out the new logo near the top. Not sure if this is a new official logo but I like the incorporation of the Bear and the Mtn with the “Q” being understated.

The guinea pig kind of creeps me out. Don't think I want to sleep in a bed that had a guinea pig in it.