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Article: Mt. Washington Resort owners plan $1.1b project.(REAL ESTATE & CONSTRUCTION: briefs)(Brief article)
- Article from:
- New Hampshire Business Review
- Article date:
- March 28, 2008
- Author:
CopyrightCOPYRIGHT 2008 Business Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Mount Washington Resort has unveiled a $1.1 billion, 11-year project to build a high-end residential village with 938 units on 500 acres in Crawford Notch.
By a 2-1 margin, town meeting voters in Carroll approved a related zoning overlay district to facilitate the project.
A joint venture of real estate developers and investors bought the resort for $85 million in June 2006. That 1,900-acre deal included the historic Mount Washington Hotel, the Bretton Arms country inn, the Bretton Woods ski area, a motor lodge, a 27-hole golf course, tennis courts, a riding stable and the undeveloped land for the housing project.
Dartmouth Brook, the ...