Blog :: 11-2009

Stay up to date on Killington real estate activity with regular updates and information on sales activity

Powdr Corp. to Purchase Copper Mtn Resort

Powdr Corp. (owners of Killington Resort) have announced that they have entered into an agreement to purchase Intrawest's interests in Copper Mountain Resort in Colorado. The transaction is expected to close next month. One of the largest ski areas in Colorado, Copper Mountain remains open for over 160 days. As always, this agreement is subject to regulatory approvals.

Killington Village Master Plan approved by town

At a meeting of the Killington Town Planning Commission last evening, November 4, 2009, the Conceptual Master Plan for a ski village at the base of the Killington Resort submitted by SP Land Company was overwhelming approved (by a vote of 8 to 1).  The application for the PUD and Conceptual Master Plan was submitted to the town and a Public Hearing was held starting on May 27, 2009.  Several subsequent meetings were held with the Planning Commission clarifying the intent and refining details of the plan.  Last night's approval clears the way for SP Land to develop more detailed plans within the framework approved and begin the State of Vermont's process for Act 250 approval.

Last night's Planning Commission approval marks a major step forward toward the realization of a new and exciting development in Killington.  Details of the plan will be available within the next few days on the town of Killington's website.