A banner southwest Colorado ski season?
January 4, 2016
New owners. New bosses. Big snow. Big money.
This is the year for skiing in the southwest.
From Taos to Purgatory to Wolf Creek to Silverton to Telluride, new energy is joining the El Niño snow gun to champion the ski experience in a region that labors in the shadow of Rocky Mountain megaresorts.
At the renowned Taos Ski Valley in New Mexico, billionaire conservationist Louis Bacon is spending $300 million on improvements like a new chairlift up the resort's famed Kachina Peak and a new hotel anchoring a base area redevelopment.
James Coleman, the new owner at Durango's Purgatory, spent $6 million over the summer, adding a new high-speed lift and better snowmaking. Coleman, whose investment team also owns Parajito Mountain and Sipapu in New Mexico and Arizona's Snowbowl, has boosted traffic into Durango with an unlimited season pass to all four ski areas.
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