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Eaglecrest Ski Area's Gondola Project in Crisis

Published 3 weeks, 5 days ago
Description

Juneaus Eaglecrest Ski Area faces a financial crisis due to a gondola project costing up to $37 million. The project, initially aimed at boosting summer activities and reducing taxpayer funding, has encountered numerous challenges, including shipping costs, tariff hikes, and rising labor and construction rates. With Goldbelt Incorporateds $10 million investment falling short, the board is scrambling to find a new manager and considering pleas to investors or even shutting down the project. The fate of Eaglecrest Ski Area hangs in the balance as an Assembly meeting on April 1st could decide its future.

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