Bear Valley suitor shares resort plans

By Mike Morris / The Union Democrat

The Canadian company buying Bear Valley Mountain Resort aims to improve various facets of the ski area - everything from snowmaking operations to the quality of food served.

Toronto-based Skyline International Development Inc., is purchasing the 1,700-acre ski area, which includes nine chair lifts, a 2,000-space parking lot and a 40,000 square-foot lodge.

Closing of the sale is subject to the U.S. Forest Service issuing a permit to operate the resort, which is expected in October.

"We're treating it as though we're running it right now," Skyline CEO Michael Sneyd said Wednesday during a phone interview from Toronto.

Skyline also has the option to purchase development land in Bear Valley Village over the next three years. Plans for the village include a potential 350-unit residential complex and a 40,000 square-foot village center.

During the past five years, Skyline has grown its asset base from $26 million to $311 million with the acquisition of hotel and resort properties in Canada. As for the U.S., the company also owns an historic hotel and shopping complex in Cleveland.

Skyline's Chairman and President Gil Blutrich visited Bear Valley in late spring or early summer, said Sneyd, who first visited Bear earlier this month for a town hall meeting.

For the complete story, see the Aug. 28, 2014, edition of The Union Democrat.

11923361
The Union Democrat
This image is copyrighted.

Reach all of Sonora, Calaveras County, Tuolumne, Angels Camp, Twain Harte, & Jamestown with your items to sell.

Ads appear Online and in Print

View Classifieds Place an Ad

Connect with The Union Democrat

Union Democrat Newsstand

Sunday August 28, 2016

Read digital interactive editions of our publications

Read Today's Edition Take A Tour

More Publications by The Union Democrat

View All Publications
Woman dies of injuries in Highway 120 accident

08/24/2016

The woman who spent Monday night pinned in an SUV after an ... more

Convicted murderer Thomas Hyatt to remain in prison

08/23/2016

Convicted murderer Thomas Hyatt won’t be getting out of prison anytime soon. ... more

Three rescued from wreck near Yosemite

08/23/2016

Three German tourists were rescued Tuesday from the scene of a crash ... more

Jobs program seeks to help young adults

08/25/2016

Kristina Contreras was 18, a high school dropout, and the mother of ... more