US EditionTown of Nederland Buying Eldora Mountain Ski Area
NEDERLAND, COLORADO, JUL 9 – Nederland plans to issue municipal revenue bonds backed by Eldora Mountain Resort's profits to finance the purchase and integrate resort employees into town staff.
- The town of Nederland announced on Tuesday, July 8, 2025, that it signed a term sheet to purchase Eldora Mountain Resort from POWDR.
- Discussions to acquire Eldora started in late 2024 and gained momentum following the signing of a confidentiality agreement on January 10, 2025, as Nederland aims to transform the mountain into a year-round resort.
- The 680-acre ski area lies about five miles west of Nederland and will remain on the Ikon Pass with POWDR operating it for two more years.
- Town officials estimated a $100 million to $200 million acquisition cost, financed by municipal revenue bonds repaid solely from the resort’s earnings.
- If finalized by October 2025, the purchase will add about 700 employees to the town staff and aims to protect taxpayers by avoiding local tax backing.
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Denver Post+4 Reposted by 4 other sources
Nederland says it’s buying Eldora ski resort
Nederland says its purchasing the Eldora Ski Resort, the town announced in a Tuesday afternoon news release.
·Denver, United States
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Total News Sources19
Leaning Left3Leaning Right0Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 27%
C 73%
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