Oh man that is such a killer deal for that property.....know any millionaires that need an investment? I would gladly go run it for them :2thumbs:
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Oh man that is such a killer deal for that property.....know any millionaires that need an investment? I would gladly go run it for them :2thumbs:
not much time left ...
[b]Elk Meadows auction extended until 6 p.m. today
Foreclosure sale
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[QUOTE]
Utah Adding 14th Ski Resort This Season
Utah Ski & Snowboard
Beaver, UT - Eagle Point ski area is slated to open this winter on the site of the former Elk Meadows Ski Resort east of Beaver, once again giving Utah its 14th ski and snowboard resort.
Officials have spent the past month flooding online and print publications with postings for jobs ranging from ski patrol to customer service, signaling that ski operations will resume this winter high in Beaver Canyon. http://www.utahskiandsnowboard.com/i...large-link.png
The mountain's new owners, private equity firm XE Capital Management, have quietly spent the summer reviving and recertifying ski lifts, clearing runs of overgrown brush and remodeling lodges. Elk Meadows was one of only two ski areas in southern Utah, the other being Brian Head Resort, when it shut down in 2002. The owner at that time, Wayne Case of Portland, Ore., filed for bankruptcy protection and the ski area went dormant. Subsequent efforts to transform the property into an ultra-luxury,
It's been fun following this.
So Eagle Point eh? And less than 20,000 the entire season...sounds like I need to test it out this year.
Don't expect a lot as a resort. The original side,(Mt. Holly) is loaded with double fall line runs, the other side of the road is very beginner type terrain.
Fun to go play for a day, but you'll be disappointed if your expecting Wasatch front type skiing.
Now the backcountry up there----well, thats another story.:mrgreen:
It is really not that far, so I may have to check this out this season.
Oh I wanna go up there too. But would be nice to get some photos of this range as well this winter. When we riding the Beav?
I'll be at the Bird for most of the year, but like to get in a few days elsewhere. A variety is always a good thing when it comes to snowboarding.
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Quote:
Former Elk Meadows to open as Eagle Point ski area in Utah
By MIKE GORRELL
The Salt Lake Tribune
After being dormant for eight seasons — and going through a contentious period when it was promoted as an exclusive private resort — the former Elk Meadows Ski Resort east of Beaver plans to reopen this winter as Eagle Point.
“Our goal is to be family friendly, deliver outstanding dining,amenities and service, and appeal to those who might be looking to get away from the crowds,” said CEO Shane Gadbaw.
He acquired the resort in a bankruptcy proceeding involving the would-be developers of Mount Holly Resort. They had hoped to turn the southwestern Utah resort into a gated community with a private ski resort and a Jack Nicklaus golf course, but encountered financial difficulties and resistance from many property owners.
Gadbaw intends to open the ski area Dec. 15, weather permitting. He said daily lift tickets will cost $45 for adults, and $32 for seniors and children. The resort will have 36 runs covering 400 skiable acres, served by one quad chairlift, one triple chair and two double chairs.
The resort is almost equidistant between Salt Lake City and Las Vegas, about 210 miles away.
http://www.onthesnow.com/ots/communi...13387_1_md.jpg
Quote:
Southern Utah Ski Area To Reopen In December As Eagle Point
Andy Dennison
The former Elk Meadows Ski Resort has a new owner, a new name, and a scrubbed look.
New ownership has taken over at the southern Utah resort east of Beaver and plans to open in December under the name of Eagle Point. The ski area has been shuttered for the past eight years.
Shane Gadbaw, the new owner and founder of Xe Capital Management in New York City, had crews working this summer and fall to renovate all five lifts, rebuild lodges, and clear slopes and trails of overgrowth, said spokesperson Jodi Holmgren. The ski area opened in 1972 as Mount Holly and has gone a number of owners – and makeovers -- since then.
They (Gadbaw et al) own it outright, so there won’t be the hurry-and-sell-tickets mentality,” Holmgren told OnTheSnow.
Gadbow and his partners bought the resort at a bankruptcy auction in 2009. The new ownership group will concentrate on upgrades on the mountain and leave real estate development to later, said Holmgren, unlike previous owners. The resort area was most recently promoted as a private recreation club, complete with golf course, ski slopes, and homes.
“This first year, we will focus on the drive market from Las Vegas, Phoenix, and southern California,” she said.
Adult all-day tickets will be $45, with children and seniors at $32. College students and locals will get deeper discounts, including a $150 five-pack. Opening day is set for Dec. 15.
The mountain boasts 1,400 vertical feet on 400 acres of in-bounds terrain served by four fixed-grip chairlifts, and one platter. The new management plans to open significant backcountry areas during the season, Holmgren said. The base at Eagle Points sits at 9,100 feet in elevation amid the Tushar Mountains.
The ski area is a 20-minute drive from Beaver, Utah, where skiers and riders will find a variety of accommodations and restaurants. The area has no snowmaking but averaged about 400 inches of snowfall a year while it was open.
http://www.skinet.com/ski/files/imag..._5392952_n.jpg
..Quote:
Eagle Point: Utah's Newest Resort
Ski Magazine, The Ski Blog
by Brigid Mander
Utah's defunct 14th ski resort, the former Elk Meadows, is under new management and coming back to life as Eagle Point
Dormant for eight years, now, the former sleepy Elk Meadows Ski Resort in southern Utah is prepping to get back in the game, as Eagle Point. As Utah’s 14th ski resort, the ski hill has a new name, a new plan, new ownership and, most importantly, still gets plenty of snow.
Tucked into the Tushar Mountains, the third highest range in Utah, the resort is slated to open on December 15th, weather permitting. With a base at 9,100’, it offers 1,300’ of vertical, 400” of annual snowfall, and six fixed-grip chairlifts. The new owners intend to expand the ski hill without allowing it to lose the hidden gem reputation it had. Snowmaking is in the future to extend the season, as well as a focus on guided backcountry trips, and additions to the base area and lodging.
It is about equidistant from Salt Lake and Las Vegas (a 3- hour drive), and one hour from the Cedar City airport. The original ski area was the result of two neighboring ski resorts, Elk Meadows and Mount Holly, founded in the 1970’s and 1980’s, which joined together and catered to skiers from southern Utah, Las Vegas, Phoenix, andsouthern California, until it shut down in 2002.
In the late 1990’s, new owners bought it with the intention of creating a high-end, private ski resort, but a declining real estate market and several other factors forced them to close the area in 2002 in financial straits. Last December, a trio of investors forming XE Capital bought the property at auction.
“We’re just selling the skiing experience,” said NYC-based CEO Shane Gadbaw. “This year is all about a place where people can ski and have fun…getting back with the locals, reestablishing a connection to skiers from Las Vegas, southern Utah, and southern California. ” One of the ski area’s previous selling points previously was as a family friendly escape from the crowds, lines, glitz and hype found many other places, with lots of powder and backcountry access. The new owners say they are are intent on keeping that feel, of Eagle Point as a hidden gem and an escape in the mountains.
While the resort plans on staying smaller than Utah’s more famous ski resorts, they are also ‘bringing a little of New York’, said Gadbaw, in the service, the creativity, and the food. Cuisine is one spot where they have a definite leg up; Gadbaw’s brother is chef at NYC hotspot Marea and is serving as a consultant for their restaurants.
The resort will approach expansion slowly, as the new owners say the current character of the hill is something they want to preserve. In addition to snowmaking, guiding, there will be increased lodging at the base in addition to the 120 units already there and the 350 beds in nearby Beaver. Planned lodging will range from the family friendly to higher priced, more deluxe options.
The new owners are looking forward to their new projects in the ski world. “We are all skiers,” Gadbaw said of XE Capital. “ I’m kind of an intermediate-plus skier now…but, I will be a big skier, soon.”
AWESOME!! I am going to be there Dec 15th! Anyone want to join.
Dec 15th? Maybe, lets see the snowpack levels before I drive 3 hours to ride.
I'm out :angryfire: getting put back together on the 9th and out for the rest of the season....:sad:
So sorry offpiste. Heal quickly!
bummer, offpiste! hope ya mend quickly!!
[quote]Utah’s Eagle Point Ski Resort Announces Pre-Season Ski Pass Deals
www.utahskieronline.com
BEAVER, Utah -- Eagle Point, Utah newest ski resort, announced its pre-season sale on season passes available through Nov. 18. The ski resort is scheduled to open on Dec. 15, weather permitting.
An adult season pass is available for $350, and a season pass for children (7-17) and seniors (65+) is $165 during the sale. A season pass is available to college students for only $200, and that price is available all season. Children 6 years and under always ski free with an accompanying adult.
For guests who are uncertain how many days they will visit Eagle Point this winter, there are options for purchasing discounted daily tickets in a pack of five tickets. The 5-Pack is available for $150 for adults, and $100 for children (7-17) and seniors (65+).
Visit the Eagle Point ski resort website for more information about lift ticket prices and season passes.
EAGLE POINT RESORT HOURS
Lift hours: 8:30 a.m. to 4 p.m.
Dining: Caf
Stefan!!! :eek2:
Must resist urge... I have another goal this year and it is not season passes. Even if I could buy all three of us one for half of what I bought my season pass at Snowbasin.... I... must.... resist. :twisted: $680 divided by 15 Saturdays (figure a few I just can't make and the others I will be up north. $45 each time for all three of us.:nod: Oh wait kids don't have there own skis anymore. Rentals, gas, food.:nono: Yeah... that rush is over. :crazy: Damn IT!!!
Just keep :ride: just keep :ride:
"For guests who are uncertain how many days they will visit Eagle Point this winter, there are options for purchasing discounted daily tickets in a pack of five tickets. The 5-Pack is available for $150 for adults, and $100 for children (7-17) and seniors (65+)."
:twisted:
Oh I have been working that angle in my head as well. Problem is deciding if I would rather buy the tickets at Eagle Point or just play really hard when we come up North for x-mas at several of the resorts and then maybe one more time in Feb. or Mar. Leaning more towards playing hard in a short period of time and going at least once to Eagle Point. I was just shocked at how cheap the season passes were.
I'd be glad to go ski with anyone interested in going here, as I said--don't expect a lot.
I would say the upper lifts are very good kids/learning terrain.
p.s. can anyone recommend good canes to ski with, I think I'm too old for poles.
And whats with these tiny ski's folks use nowadays?