Anonymous
Not logged in
Talk
Contributions
Create account
Log in
Vert Wiki
Search
Editing
Saddleback Maine (ski resort)
(section)
From Vert Wiki, the mountain snowsports wiki
Namespaces
Page
Discussion
More
More
Page actions
Read
Edit
Edit source
History
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Majella ownership=== Since the Berry family was not able to replace the Rangeley Double Chairlift in 2014 and 2015, the mountain and lifts have sat idle. On June 28, 2017, it was announced that the Australian Majella Group had an agreement to purchase Saddleback from the Berry family. The Majella Group had contacted [[Doppelmayr Garaventa Group|Doppelmayr]], who had already begun the survey, engineering, and design work. It was announced that the Rangeley Double Chairlift would be replaced with a new Fixed-Grip Quad Chairlift that can handle 1,500 riders per hour and that the Cupsuptic T-Bar would be replaced with a new Wind-Resistant T-Bar that can handle 1,200 riders per hour. If the new lifts are installed, Saddleback would feature one of the newest lift systems in all of New England. However, with the recent arrest of Sebastian Monsour, CEO of the Majella Group in 2018 on fraud in Australia, it is unknown once again when and if Saddleback will reopen. Critics have questioned Monsour's intentions after he was quoted in Maine news reports as saying he was motivated by the EB-5 program that offers foreigners permanent residency if they invest in certain U.S. real estate projects. June 2018, Monsour was arrested and charged with defrauding a Chinese investor out of $5 million after his Australian office was raided. It was unclear how his arrest impacts the sale agreement.<ref>{{Cite web|url=https://www.pressherald.com/2017/06/28/australian-developer-buys-saddleback-ski-resort/|title=Australian developer agrees to buy Saddleback ski resort|last=Sentinel|first=Kate McCormickMorning|date=2017-06-28|website=Press Herald|access-date=2019-03-16}}</ref><ref>{{Cite web|url=https://www.pressherald.com/2018/06/22/the-nonprofit-that-has-sought-to-buy-saddleback-plans-to-make-an-offer/|title=Arrest of Saddleback's prospective buyer spurs nonprofit to try again to put the ski area back in business|last=Writer|first=Deirdre FlemingStaff|date=2018-06-22|website=Press Herald|access-date=2019-03-16}}</ref><ref>{{Cite web|url=https://www.bostonglobe.com/lifestyle/travel/2018/10/30/uphill-battle-for-ski-town-left-out-cold/Qk8VV7jGG3ALta21Ip7s9L/story.html|title=An uphill battle for a ski town left out in the cold β The Boston Globe|website=BostonGlobe.com|access-date=2019-03-16}}</ref>
Summary:
Please note that all contributions to Vert Wiki are considered to be released under the Creative Commons Attribution-Sharealike 3.0 Unported License (see
Vert Wiki:Copyrights
for details). If you do not want your writing to be edited mercilessly and redistributed at will, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource.
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Navigation
Navigation
Main page
Gear
Hills
Manufacturers
Shops
Technique
Recent changes
Help pages
Wiki tools
Wiki tools
Special pages
Page values
Page tools
Page tools
User page tools
More
What links here
Related changes
Page information
Page logs