(Posted on Sep 21, 2016 at 01:57PM by Michelle Bogle)
One of B.C.'s most popular ski resorts is about to hit the real estate market. After 42 years of ownership by the Vancouver-based McLaughlin family, Grouse Mountain's operations and 485 hectares of property are up for sale.
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"This recent decision will ensure that Grouse Mountain continues to build on its strong heritage and further cultivate the Grouse Mountain brand and opportunities," the company said in a statement.Â
The popular mountain, which welcomes approximately 1.3 million visitors annually, offers 26 ski runs, four chairlifts, as well as summer attractions, like disc golf course and an open-air gondola.Â
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Here’s more from Global BC:Â
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The listing of Grouse Mountain follows the recent sale of Whistler Blackcomb, which was bought by Colorado-based Vail Resorts for $1.4 billion. Local Grouse Mountain supporters are hopeful that a locally-owned company will purchase the resort to maintain the Canadian heritage that the resort has always been known for.
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For more information regarding the sale of Grouse Mountain, please contact our Vancouver office to speak with a commercial real estate advisor.
