From the time Peak 7 was envisioned, to its grand opening celebration
on December 20 2002, hundreds of hours of work and an estimated
$8 million were devoted to this significant expansion for Breckenridge.
The commitment to the Peak 7 vision was exerted to achieve one
critical goal: to enable hundreds of thousands of winter sports
enthusiasts in the upcoming years to explore and enjoy spectacular,
intermediate gladed runs at this world famous resort.
What was once 165 acres of undeveloped ski terrain on the North
side of the resort beneath some of the most challenging terrain
in the Peak 7 bowls, is now the seven trails of Peak 7 - Pioneer,
Fort Mary B, Swan City, Wirepatch, Lincoln Meadows, Angels Rest
and Monte Cristo. The new terrain increases the resort's terrain
for intermediate guests by 30 percent, overall lift capacity to
36,880 people per hour and total acreage to 2,208.
Construction has been completed on the Company's first real estate
project in Breckenridge. The Mountain Thunder Lodge is located
in a densely forested setting, just two blocks west of the town's
historic Main Street. The $80 million residential condominium
development features four, 4-story buildings totaling some 150,000
square feet. The first phase of the project features two buildings
with a fitness facility in each, a children's playground, swimming
pool and hot tubs, as well as 3,000 square feet of conference
space. The first 80 condominiums in Mountain Thunder Lodge went
on sale in May 2001 and opened in November 2002.
In the Works
New in Breckenridge for the coming ski season is a $2 million
children's ski school facility to strengthen the resort's appeal
to families.
The majority of the capital investment is for the first phase
of the Breckenridge Master Plan. This multi-year plan essentially
redesigns the entire base area of Peak 8, and creates a new neighborhood
at the base of Peak 7.