Aerial View of Killington Base Lodge
from K1 Skye Ship

Aerial View of Killington Base Lodge
from K1 Skye Ship

Several weeks ago I reported that there was a rumor that Centex Development Properties, brought in by both Killington and SP Land Company to develop the residential component of the Killington Village project was pulling out of the project. In an article in todays Rutland Herald, Centex's decision to not participate in the project was confirmed. No specific reason was given for Centex's withdrawal from the project, just a lot of conjecture. In New England, Centex is currently working on a similar project at Loon Mountain in New Hampshire. That project is continuing.

Last week, I did have an opportunity to speak with Allen Wilson on a variety of items. He confirmed to me that Killington, ASC, and SP Land Company were firmly committed to move forward with the Killington Village project, and that another developer was being sought for the effort. From published reports, both Killington and SP Land Co are continuing their efforts to prepare to go through the Vermont Act 250 permitting process. When this occurs, it will be a very public milestone in the process, as an Act 250 application must be completed before any real construction activities begin. It remains to be seen when this will occur, or if Killington and SP Land Co will file for the Act 250 permit without having a new construction partner announced and on board.