One of Southern Vermont’s most popular ski areas is about to get a lavish upgrade that amounts to nearly $52 million dollars worth of improvements.
The first improvement came on Monday when Mount Snow representatives laid their gold shovels in the ground to honor what will be their brand spankin’ new Carinthia Lodge. The new base-area lodge, which comes in at a whopping 38,000 square feet, is projected to cost roughly $22 million and is the first part in a series of improvements the ski area plans to make by the beginning of next season. Perhaps more important than the ski lodge itself is the $30 million dollar snow-making upgrade currently underway.
The majority of the $52 million investment was raised through EB-5 fundraising, a program that rewards foreign investors backing domestic causes with visas and green cards.
Termed the West Lake Water Project, the improvement will boost snowmaking capabilities by 200% and increase water storage by 600%, allowing the southern Vermont ski area to open earlier and stay open later than it ever has previously.
Find the entire release here: Mount Snow Breaks Ground On New Lodge