marzNC
Angel Diva
One more example . . .
Mount Snow initiated an investment offering in 2014 under EB-5 (foreign investors,$500K-$1M) to fund a major snowmaking project. Not sure how much it will cost but the total raised was $52 million for the water project and construction of a new lodge. The water project was celebrated in May 2015 with the Governor in attendance but it won't be completed until 2016 according to an article in the New England Ski Industry Journal. During the summer of 2015 pipes were upgraded and a summit pump house was under construction.
Peak Resorts started working on the idea of replacing the existing water supply in 2007. Apparently the long term goal is 100% coverage for snowmaking at Mount Snow.
"The West Lake Water Project includes the construction of a 120-million-gallon water storage pond for snowmaking, three pump houses, the installation of snowmaking pipelines, trail upgrades and expansion, a new ski lift and ancillary equipment.
Currently Mount Snow has 20 million gallons of water available for snowmaking. West Lake will increase storage by six times, enabling the resort to open more trails early in the season and increase the snowmaking capacity on existing trails.
Water will be pumped into West Lake from Cold Brook, a nearby stream. The project includes three pump houses. The West Lake pump house will pump water from Cold Brook into West Lake, and also pump water from West Lake to Mount Snow. Two additional pump houses at Mount Snow will pump the water to all areas of the mountain for snowmaking. Pipelines, totaling 28,500 feet and ranging in size from 24 inches to 48 inches in diameter, will connect West Lake and the pump houses.
Other project components include an intake structure in Cold Brook, which will allow water to be withdrawn from Cold Brook and pumped to West Lake. On-mountain snowmaking upgrades, a new beginner lift and other infrastructure improvements are part of the West Lake project."
Mount Snow initiated an investment offering in 2014 under EB-5 (foreign investors,$500K-$1M) to fund a major snowmaking project. Not sure how much it will cost but the total raised was $52 million for the water project and construction of a new lodge. The water project was celebrated in May 2015 with the Governor in attendance but it won't be completed until 2016 according to an article in the New England Ski Industry Journal. During the summer of 2015 pipes were upgraded and a summit pump house was under construction.
Peak Resorts started working on the idea of replacing the existing water supply in 2007. Apparently the long term goal is 100% coverage for snowmaking at Mount Snow.
"The West Lake Water Project includes the construction of a 120-million-gallon water storage pond for snowmaking, three pump houses, the installation of snowmaking pipelines, trail upgrades and expansion, a new ski lift and ancillary equipment.
Currently Mount Snow has 20 million gallons of water available for snowmaking. West Lake will increase storage by six times, enabling the resort to open more trails early in the season and increase the snowmaking capacity on existing trails.
Water will be pumped into West Lake from Cold Brook, a nearby stream. The project includes three pump houses. The West Lake pump house will pump water from Cold Brook into West Lake, and also pump water from West Lake to Mount Snow. Two additional pump houses at Mount Snow will pump the water to all areas of the mountain for snowmaking. Pipelines, totaling 28,500 feet and ranging in size from 24 inches to 48 inches in diameter, will connect West Lake and the pump houses.
Other project components include an intake structure in Cold Brook, which will allow water to be withdrawn from Cold Brook and pumped to West Lake. On-mountain snowmaking upgrades, a new beginner lift and other infrastructure improvements are part of the West Lake project."
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