Boulder County’s sole ski resort is being put up for sale. Powdr, the Park City, Utah-based owner of Eldora, plans to sell three other U.S. and Canadian properties: Mt. Bachelor in Oregon and SilverStar in British Columbia have yet to be listed. Vermont’s Killington and Pico ski areas already have a buyer.
Operations at Eldora won’t change in the upcoming ’24-25 winter season, a company official told CPR, which opens Nov. 15. The resort will remain on the Ikon Pass.
Eldora opened in 1962 and has operated continuously except for a closure during the 1986-1987 season. It has 680 acres of skiable area. Its employees voted to unionize earlier this year.
Powdr bought Eldora in 2016, saying at the time that “Colorado’s Front Range is one of the best ski markets in the world.” The company also owns Copper Mountain, which it purchased in 2009. Powdr has since rebranded as an adventure lifestyle company; the sales are to align with that new mission, officials told multiple media outlets.
The company invested $10 million into Eldora, including new chairlifts and a 12,000 square-foot-lodge that will open in October. The resort’s ski school and a nonprofit offering adaptive skiing will be housed there.
One-third of Colorado’s ski resorts are owned by just four companies, according to the National Ski Areas Association.
Local investors bought the Vermont ski areas. Eldora is expected to be officially put on the market in coming weeks.