Base area real estate part of the deal
By Summit Voice
SUMMIT COUNTY — Vail Resorts is expanding its stable of ski areas in California with an $18 million purchase of Kirkwood Mountain, with about 2,300 acres of skiable terrain and undeveloped real estate at the base area zoned for residential and commercial development.
“We are thrilled to welcome Kirkwood into our family as our seventh world-class mountain resort. Kirkwood offers some of the most extraordinary ski terrain found anywhere in North America with high alpine trails and the most annual average snowfall in Lake Tahoe. Kirkwood represents skiing and riding at its purest, something we intend to retain and protect long into the future,” said Rob Katz, chairman and chief executive officer of Vail Resorts. (more…)
Filed under: business, Colorado, ski industry, Ski Resorts, Vail Resorts | Tagged: Calfornia ski areas, Kirkwood Mountain, ski industry, Tahoe region skiing, Vail buys Kirkwood, Vail Resorts | Leave a Comment »