NewsRoyal Gorge Resort Sold

FasterSkier FasterSkierOctober 6, 2005

From a Tahoe Daily Tribune/Sierra Sun article by David Bunker, published Oct 5, 2005:

TRUCKEE – A partnership of Bay Area developers has purchased Royal Gorge and its 4,000-plus acres of land on Donner Summit.

It is North America's largest cross country ski resort, according to Royalgorge.com.

While the group says it doesn't intend to change the cross country resort, summit residents fear that thousands of acres will be open to residential development after sewer capacity is upgraded to allow for construction.

Terms of the sale were not available.

“We have no plans of really changing anything at this point,” said Todd Foster, a partner with Foster Enterprises, a 50-year-old development company that built Foster City in the 1950s.

To read the whole article:

http://www.sierrasun.com/article/20051005/NEWS/51004004

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