Tamarack Resort Begins Mountain Face Lift Spring 2019
Construction resumes at the Village and a new ski lift will be installed as 2019/20 passes sales begin
Tamarack Resort embarks on a new round of resort improvements beginning Spring 2019. Along with the first phase completion of the Village Plaza, Tamarack is improving mountain terrain and opening up lift-served access to more than 200 acres.
“It will certainly be busy around the mountain this spring,” Tamarack Resort President Jon Reveal said. “Not only is the first phase of the Village Plaza, with retail, lodging and restaurants being completed, but the mountain is getting a generous addition of accessible terrain thanks to new mountain equipment, including a high-speed quad. We’re focused on improving the guest experience from the moment they arrive at the Village through their last run of the day.”
Construction crews will focus on completing the exteriors of the three Phase 1 Village buildings. The construction process has been on hold since 2009. They will simultaneously finish the first phase of retail, dining and guest service spaces in time for the 2019/2020 winter season.
A group of Resort Industry Veterans are to get together to acquire Idaho’s Tamarack Resort. Tamarack Resort Holdings to invest immediately to complete Village Plaza.
Tamarack Resort Holdings (“TRH”), a partnership of investors and managers with decades of development and operations experience at premier resort properties across North America, has entered into an agreement to purchase all of the Tamarack Resort operations and key assets in Donnelly, Idaho.
The announcement follows the State Board of Land Commissioners’ approval this morning to transfer the state lands lease to TRH for continued mountain operations. TRH is purchasing all key assets necessary to operate the resort now and accommodate future expansion plans, including property on mountain, ski lifts and operations equipment, lodge amenities, lodging operations, the telecommunications utility, declarant rights, lake front equipment, sewer and water bonds, a portion of the golf course and the unfinished Village Plaza.
TRH is also purchasing other private real estate assets and parcels and is taking over the lease to operate The Arling Center event venue. The transactions will close Nov. 30, 2018. “We have been evaluating and working on this agreement for nearly two years to truly understand the history and complexities of the resort. The partnership strongly believes Tamarack has a tremendous opportunity to thrive as a four-season destination of choice for Idahoans and visitors from across North America,” said TRH President Jon Reveal. “Our team looks forward to proving our commitment to Tamarack, Valley County residents, Idahoans and all our guests through investment, completion of unfinished projects and improved resort amenities and offerings.”
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