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Killington - Infrastructure Collapse Pending

joshua segal

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My experience at Killington is that the lifts are open on time and on schedule - unless there is a wind hold. As long as that remains the case, I'm not too worried. The summit lodge was their major recent capital expenditure and I suspect their summer improvements were also pricey. If their summer investment pays off, it will provide them was a more balanced cash flow: not a bad thing if you are running a business!
 

MEtoVTSkier

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Also remember that POWDR owns NOTHING--they lease the place. You should be ragging on the owner...who is SP Lands. After the PCMR disaster I bet that POWDR will be very cautious with their properties.

Ummm, thought that Powder owns 80% of Killington (the mountain & infrastructure) and 20% of the SP lands at the base, and that SP owns the other 20% of the mountain and 80% of the base lands...
 

thetrailboss

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Ummm, thought that Powder owns 80% of Killington (the mountain & infrastructure) and 20% of the SP lands at the base, and that SP owns the other 20% of the mountain and 80% of the base lands...

I don't believe so...unless there was a transaction that occurred since 2007 that I don't know about. POWDR is the "operator" of the area AFAIK.

Edit: looks like they did buy the ski area assets. I had always believed that they leased the area. I will dig more into this.
 

Bostonian

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Reading this thread made me laugh... Capital Investments isn't preventive "fixing things up" as HS said. I am sure they have a rolling 5 year plan and a long range 20 year plan. K will be just fine...
 

skiNEwhere

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I miss the old killington with the full sunrise triple and Rams head lift that went to the summit.

In all seriousness though, I'd like to know where all the money is going then. I refuse to believe a lodge and a few other small things sucked up all the profits. (And don't say Copper cuz that ain't true)
 

steamboat1

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Edit: looks like they did buy the ski area assets. I had always believed that they leased the area. I will dig more into this.
Killington ski area is in Coolidge State Park & is leased from the state by POWDR.

SP Land owns the parking lots, condo's, hotel.

Lets hope POWDR remembers to renew the lease because unlike Utah they don't own the parking lots.
 
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Newpylong

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Killington will be fine. All this doom and gloom is armwaving. Lifts last forever if maintained.

Skytrac also has two lifts at Haystack. Most of their work has been out west, the Midwest, and NY/PA. They are very capable installers.
 

bigbob

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From what I have been told, the State of Vt calls them to make sure they are renewing the lease!
 

Bostonian

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I think a lot of capital improvements money went into improved snow making (guns, pipes, compressors), the new lodge, and other equipment. Not to mention they mention in a press release this year alone they are spending $6.5M in various improvements including but not limited to "$1M in lift and snowmaking improvements".
 

deadheadskier

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All this doom and gloom is armwaving.

Yup

The same thing Highwaystar has done for over ten years. Last I checked Killington is still the most popular ski destination in the East. With the return of the longer season and work towards becoming more viable in the summer, they're doing just fine.

The only thing they've done which has been unfortunate is the SRT removal. As many state, the mountain is broken without it and not just because it offers an alternative to the SPE and it's awful line. It sucks skiing down skye and getting back over to K1 or Snowdon lifts. That should be the top priority, not Snowdon lifts. A HSQ in Snowdon is sexier, but doesn't make the mountain ski better. A new SRT would.
 

Newpylong

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I think the plan was/is to replace the Snowdon Quad with a HSQ and move the quad to South Ridge, would be the best of both worlds in my mind. Losing SRT was huge.

Be nice to see their timeline for this, they've been pretty vague.
 

deadheadskier

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I've heard that plan too. I just think that if it's going to be a long time before they pony up the cash to get a new HSQ for Snowdon, they should bite the bullet and buy a used lift to fix the problem. I know a lot of people don't want to see a HSQ at Snowdon anyways.
 
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