Colorado's Newest Ski Area Raises $1.1 Million In Funding

Colorado's Newest Ski Area Raises $1.1 Million In Funding

Steamboat

Colorado's Newest Ski Area Raises $1.1 Million In Funding

Stagecoach in autumn | Photo (+Cover): Barclay Idsal

Located just south of Steamboat, Stagecoach Ski Area is still a fledgling concept looking to transform from a dream into a reality.

Related: Gag Order Prevents Developers From Talking New Colorado Ski Area | Website Lays Out Details

Like any large business venture, that turn requires one thing more than anything else– money. The good news is they already have a million bucks in the bank. In a recently published article, BusinessDen.com described how Stagecoach Communities filed $1.1 million in private offerings that will go a long way towards reviving the long defunct Stagecoach Ski Area.

The entity behind the ski area’s comeback (*the ski area originally closed after going bankrupt in shortly after the 1974 season) is a mesh of industry vets whose resumes include General Management work at Beaver Creek, resort planning at Steamboat, and ski patrolling @Vail.

Above everything else, the ski area would exist on land that’s completely private. As such, the ski area could likely stay open longer some seasons and possibly open earlier than its northern neighbor, Steamboat. That all depends– If they get lucky, make the right development decisions, and raise more $$$. If all that happens Stagecoach Ski Area could become a Colorado classic.

Mountain Stats: 

  • Vertical Drop – 2,200′
  • Skiable Terrain – 1,625 acres
  • Trails – 100+

Find the entire BusinessDen.com article here: Revival of dormant Steamboat ski hill claims $1M raised

 

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