Eldora ski area still on the market as its owner, Powdr, backs away from a deal to sell Mt. Bachelor
Nederland hopes to buy the Boulder County ski hill and says it has lined up financing for a deal that lead to a real revenue stream for the town
Cullen McHale, Eldora Mountain
Utah-based resort operator Powdr last week pulled its Mt. Bachelor ski area in Oregon off the market. The company in a statement cited “numerous factors involved in evaluating a sale” in its decision to keep the ski area it acquired in 2001.
“After considering all facts and circumstances, Powdr has decided to retain ownership of Mt. Bachelor, indefinitely,” the company’s statement reads. “We’re excited to continue our stewardship of the resort and serve the Central Oregon community with truly one-of-a-kind skiing.”
A Powdr spokeswoman said the company’s Eldora Mountain Resort — which Powdr bought in 2016 — remains on the market, as does the SilverStar ski area in British Columbia it acquired in 2019. Powdr also owns Copper Mountain in Summit County.
That’s good news for the Town of Nederland, which has enlisted “veterans of the ski industry” in an effort to buy Eldora Mountain Resort from Powdr is weighing a bid for the 680-acre Boulder County ski area.
Read more from Jason Blevins at ColoradoSun.com.
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