Alterra Mountain Company to Acquire Arapahoe Basin in Colorado

Alterra Mountain Company has agreed to purchase Arapahoe Basin in Colorado from Dream Unlimited Corp., expanding its portfolio of destinations in the Rockies.

"A-Basin," as the big-mountain destination is known locally, is located 68 miles from Denver and has the longest season in Colorado, often running through July 4. A-Basin sits on the Continental Divide in the Rockies and offers some of North America’s highest-elevation and most challenging terrain, including Pallavicini, the East Wall and the Steep Gullies, plus the Beavers and Montezuma Bowl, some of North America’s newest terrain. The Beach, a stretch of prime real estate at the base, transforms into one of Colorado’s longest-standing après traditions.

Alan Henceroth, A-Basin’s chief operating officer who has been with A-Basin for 36 years and has been the steward of the mountain’s culture, will continue on to lead the resort. He will continue to oversee daily operations as well as leadership of future capital improvement plans, which include expanding parking and snowmaking.

Over the past 27 years, Dream, together with the Arapahoe Basin management team, expanded the ski area to 1,428 acres, replaced all of the lifts and most of the buildings, and opened the two highest elevation restaurants in North America, Il Rifugio and Steilhang Hut. In 2018, A-Basin pledged to be carbon neutral by 2025 and recently the resort made a huge step toward that goal by officially using 100 percent renewable electricity.

The addition of Arapahoe Basin will bring Alterra’s portfolio to 18 year-round mountain destinations throughout North America. The transaction is expected to close later in 2024. More details will be released once the transaction has closed.

There are no changes to Ikon Pass 2023-24 winter access at this time.

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