Brodie Mountain sold to timeshare developer

[Greg]

Brodie Mountain sold to timeshare developer

The Associated Press

NEW ASHFORD, Mass.- A Dallas-based timeshare developer has purchased the former Brodie Mountain ski area for $2.6 million with the intent of developing it into a vacation resort.

New Bedford officials told The Berkshire Eagle that Silverleaf Resorts, which also owns the Oak N' Spruce timeshare resort in Lee, plans to build 28 three-story structures, each containing 12 time-share units, a project worth about $50 million.

Silverleaf purchased the ski area of about 500 acres from the company that owns the Jiminy Peak ski area in nearby Hancock.

Brian Fairbank, president of FO Ski Resorts, and a partner purchased Brodie Mountain Ski Area in 1999 with the intention of developing their own resort on the property. But Fairbank has said in the past that he couldn't drum up enough money to finance the project without affecting Jiminy Peak.

Brodie stopped downhill skiing operations in 2002, scaling back its recreational offerings to just snow-tubing. Fairbank announced FO Ski Resorts would sell Brodie to Silverleaf in March 2003.

The Silverleaf development, to be named the Snowy Owl Resort, is slated to include tennis courts, swimming pools, a miniature golf course and picnic area.

The deed of sale states that Silverleaf may not operate a commercial downhill skiing or snowboarding facility on the property, but may run a private downhill skiing or snowboarding facility for the use of its time-share residents. It may also run a public recreation facility offering other winter sports, including cross-country skiing and snowmobiling.

Source

 

[teachski]

According to what I heard when I visited one of their other properties (Oak 'n Spruce in Lee) is that they DO plan to open the ski area for the people who belong to the timeshare group. (all Silverleaf and it's affiliated members)

 

[curlyfuzzie]

The deed of sale states that Silverleaf may not operate a commercial downhill skiing or snowboarding facility on the property...

Is that actually legal? What would actually prevent Silverleaf from availing the slopes once again to the public? Just wondering (and hoping)... I REALLY miss Brodie - skiied there since 1975... Have no intention of skiing Jiminy ever again.

 

[First Tracks]

The deed of sale states that Silverleaf may not operate a commercial downhill skiing or snowboarding facility on the property...

Is that actually legal? What would actually prevent Silverleaf from availing the slopes once again to the public? Just wondering (and hoping)... I REALLY miss Brodie - skiied there since 1975... Have no intention of skiing Jiminy ever again.

It's one of the terms of the sale contract. Perfectly legal (in essence, it's a non-compete clause), and finally sounds the final death knell of Brodie.

 

[ctenidae]

It may not be the end of Brodie forever, though. Non-compete clauses are notoriously difficult to enforce, and generally can't last forever. The Silverleaf people could probably find an easy loophole, if they decide it's profitable enough.