Eaglecrest Gondola Cost Triples, City Faces Tough Decisions
Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Gondola Cost Estimate: Eaglecrest Ski Areas Project Faces Budget Crisis
The cost to install a gondola at Eaglecrest Ski Area has skyrocketed to twenty-seven million dollars, more than triple the initial projection. This unexpected increase, due to additional parts, rising construction costs, and import tariffs, has left the citys budget insufficient. The ski area, which has relied on city funds for maintenance and staff, sees the gondola as a means to achieve self-sustainability. Assembly members are divided on how to proceed, with some considering local investors and others questioning the projects feasibility. The board and Assembly will meet again on April first to decide the projects fate, as the deadline for a revenue deal approaches.
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