Stratton Mountain Breaks Ground On Newest High-End Luxury Condominium Resort Development: Founders Lodge
02 Giugno 2005 - 4:50PM
PR Newswire (US)
Stratton Mountain Breaks Ground On Newest High-End Luxury
Condominium Resort Development: Founders Lodge Stratton's Central
Village Common Servicing All Mountain Residential Properties Nears
Completion STRATTON MOUNTAIN, Vt., June 2 /PRNewswire-FirstCall/ --
Stratton Mountain today broke ground on its newest high-end
condominium resort property Founders Lodge, and nears completion on
its Village Common -- all part of the Stratton Mountain master plan
for a world-class commercial and residential resort Village, which
is already home to great shopping, fine restaurants and exciting
outdoor activities, along with a diverse range of lodging options
including residential townhomes and condominiums. The Village main
street and Village Common comprise the community centerpiece for
existing residential properties, as well as the forthcoming
Founders Lodge -- phase one of which is scheduled for completion in
2006. Stratton Mountain has long been a unique jewel of the East
Coast mountain resorts. While home to world-renowned ski slopes,
the resort has developed a strong sense of community through its
loyal customer base supported by residential real estate plans. The
residences and village give families the ability to spend time and
create a sense of home at Stratton, unlike other resorts of this
kind. The mountain is perfectly positioned in the Green Mountains
of Vermont, close to New York, Boston and other East Coast cities.
The world-renowned ski/golf resort currently draws visitors from
the entire Northeast region, primarily NY, NJ and CT family
suburbs. Homeowners routinely cite the strong sense of community as
reasons for purchasing Stratton homes. The Stratton Mountain Master
Plan is a multi-million dollar venture that will feature a variety
of unique resort amenities. While already recognized nationally for
its outstanding ski and snowboard facilities, the resort has strong
summer appeal with one of the most popular golf schools and golf
resort facilities in the East. The Village Common, near completion,
will feature an ice-skating pond, food/beverage warming hut, open
greens with picnic facilities and additional outdoor gathering
opportunities. The ground breaking on the Founders Lodge residences
builds on the momentum already established by the completion of
three other cornerstone communities at Stratton: The LongTrail
House, a 142 unit condominium residential building, currently built
and completely sold out; Rising Bear Lodge with 38 individual home
units, currently built and completely sold out; Hearthstone Lodge,
with 38 residential units, completely sold out and opening for
winter of 2005; and now Founders Lodge with 47 residential units in
its first phase and 47 units in its second phase, coming to market
this Fall. "The groundbreaking on Stratton's Founders Lodge
property is exciting because it really brings the Village Common to
completion and fully integrates the Stratton village with the
wonderful residential community here," said Mark Hall, Vice
President of Development, Intrawest Placemaking. Stratton Mountain
has more than 90 trails, over 600+ acres with 16 lifts, and an
additional 100 acres of trees and glade skiing. The highest peak in
Southern Vermont, Stratton Mountain summit reaches 3875 feet with
2003 feet of vertical skiing. The mountain also boasts
state-of-the-art snowmaking capabilities covering 90% of the
terrain. Stratton Mountain has long been known for its outstanding
ski and snowboard school, including the world- renowned Burton
Learn To Ride snowboarding program. Upon completion of the
development efforts, Stratton Mountain will be one of the East
Coast's largest and most attractive resort destinations following
in the footsteps of Intrawest's successful resorts, including
Canada's Whistler Blackcomb; Mammoth, California and Quebec's
Tremblant. For more information on Stratton visit
http://www.stratton.com/ or http://www.strattonrealestate.com/
ABOUT INTRAWEST Intrawest Corporation (NYSE:IDR) (TSX: ITW) is one
of the world's leading destination resort and adventure-travel
companies. Intrawest has interests in 10 mountain resorts in North
America's most popular mountain destinations, including Whistler
Blackcomb, a host venue for the 2010 Winter and Paralympic Olympic
Games. The company owns Canadian Mountain Holiday, the largest
heli- skiing operation in the world, and a 67% interest in
Abercrombie & Kent, the world leader in luxury adventure
travel. The Intrawest network also includes Sandestin Golf and
Beach Resort in Florida and Club Intrawest - a private resort club
with nine locations throughout North America. Intrawest is
developing five additional resort village developments at locations
in North America and Europe. Intrawest is headquartered in
Vancouver, British Columbia. For more information, visit
http://www.intrawest.com/ DATASOURCE: Intrawest Corporation
CONTACT: Toni Fyvie, Regional Marketing Manager, +1-514-798-3065, ,
for Intrawest Resorts; or Kristen Foster, , or Elizabeth DeLuca, ,
both of KFPR, +1-646-792-2230, for Stratton Mountain Web site:
http://www.stratton.com/ http://www.strattonrealestate.com/
http://www.intrawest.com/
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