The largest ski and snowboard destination in New England recently announced the closure of its sale to a local independent ownership group and unveiled planned investment projects valued at more than $30 million.
POWDR’s sale of Vermont’s Killington Resort and Pico Mountain to a group led by Phill Gross and Michael Ferri is officially in the books.
Planned capital investment projects for the next two seasons include:
- A two-year, low-energy snowmaking investment: 1,000 new low-energy HKD Tower & Fan Guns.
- About 500 new guns are in the process of being installed at Killington and Pico ahead of the 2024-25 season, with the remainder being installed summer of 2025.
- Four new fully automated fan guns will be installed at the bottom of the Superstar trail ahead of this season.
- Superstar lift replacement: Replacement of the Superstar Express Quad to a high-speed six-pack with installation of the lift expected to happen summer of 2025.
- Skyeship Gondola revitalization: All new gondola cabins (116 in total) are expected to be installed summer of 2025 and a new gondola storage barn in Northbrook to be constructed in future years.
- Summer investment including mountain bike trail expansion.
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