Phase 2 of Sugarbush's Lincoln Peak Village got underway in April. The
new work at the base area will consist of a new entrance plaza as well
as two new lodges. The children's adventure center will house some of
Sugarbush's kids' programs. The resort's winter Micro, Mini and Sugar
Bear programs as well as some summer camps will be located in this
facility.
The other lodge will provide skier services such as tickets and season
passes, guest lockers, adult ski and ride, rentals and repairs, public
restrooms, and a cafe. Concrete work for the 14,500-square-foot skier
services building is scheduled to begin the week of June 7.
Originally scheduled for construction last year, Sugarbush postponed the
project until this year.
The two buildings are part of Phase 2 of a Lincoln Peak renovation
project.
The work is being undertaken by Pizzagalli Construction Company, the
company that constructed Phase 1 of the Lincoln Peak project. That phase
included the Clay Brook residences, Timber's Restaurant and the new
Gate House Lodge, completed in December 2006.
The new lodges will be ready for the 2010-2011 ski season, with
completion expected by next November. Sugarbush broke ground on the
project in mid-April. The 'sprung' buildings that are currently housing
skier services and rentals will be disassembled in the coming days.
Phase 2 of the Lincoln Peak project is funded in part through a federal
and state EB-5 visa program whereby foreign investors provide funds for
projects in exchange for permanent residency (green card) status.
Through this program, investors provide $500,000 and receive permanent
residency status for themselves and their families.
The program allows individuals from outside the country to invest in
projects that either save or create jobs in the United States in
exchange for permanent residency status. The state spent years working
to have Vermont designated a regional EB-5 center so that businesses
would have access to capital in order to grow the local economy.
There is a final part of Sugarbush's plans for redeveloping Lincoln
Peak, another series of residences to be built to the north of the base
of the resort's beginner chair.
{loadnavigation}
