In Pandemic, One Vermont Ski Town Found An Economic Growth Catalyst

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In Pandemic, One Vermont Ski Town Found An Economic Growth Catalyst
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The same pandemic that cast a cloud over the region two years ago is among the catalysts for long-stalled infrastructure plans and new village real estate investment.

“In this area, Covid has had a positive impact – as much as you really don’t want to say those words together in a sentence,” Killington Town Manager Chet Hagenbarth told. “This is a once-in-a-lifetime , where all of the stars align and this could come to fruition.” Shovels will hopefully break ground on the central Vermont mountain early next year, he said.... [+]The good vibe at Killington this year is part of a larger rebound in the ski industry after the onset of the pandemic. U.S.

For its part, the town of Killington has long an outsized spot in the state’s history. The state of Vermont was christened by the Reverend Samuel Peters atop a peak there in 1763, The mountain early on was known as Mount Pisgah, a time when many Vermont mountains were given biblical names, according to a book published in 1990, “Killington: A Story of Mountains and Men.”

Powdr’s done well in Killington by not overpromising and adding stable business, a contrast to the difficulties American Ski ran into, Mike Solimano, president of Killington/Pico Golf & Ski Resort, toldPowdr has also invested in bicycle trails to bring in business year-round. “When I first got here, it was a ghost town” in the summer, Solimano said.Killington’s appeal these days is clear in the real estate market.

“It’s not even close to reasonable” for a town Killington’s size to spend $62 million for infrastructure upfront, said Hagenbarth, Killington’s town manager. “There has to be a public-private partnership.” Great Gulf declined to further comment on the outlook for the project.

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