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Eldora opens for skiing Friday, as Nederland closes in on deal to buy it

Town’s effort to purchase ski area is in its final stages with approval expected soon

Despite well below average natural snowfall so far this season, Eldora Mountain Resort will open on Friday as scheduled on manmade snow. (Hyoung Chang/Denver Post file)
Despite well below average natural snowfall so far this season, Eldora Mountain Resort will open on Friday as scheduled on manmade snow. (Hyoung Chang/Denver Post file)
DENVER, CO - JANUARY 13 : Denver Post's John Meyer on Monday, January 13, 2014.  (Photo By Cyrus McCrimmon/The Denver Post)
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Getting your player ready...

Eldora Mountain Resort opens for the season on Friday — on the threshold of new ownership by the town of Nederland.

The mountain, just 20 miles from Boulder, will open at 9 a.m. Friday with 1,000 vertical feet of terrain on the Hornblower and International trails, plus a small Woodward terrain park near the West Wing lodge. No beginner terrain will be available. There will be live music and DJs (as well as every Friday-Sunday)

Several other ski areas in Colorado have already opened: Winter Park, Keystone, Arapahoe Basin, Copper Mountain, Breckenridge and Loveland. Vail is also expected to open on Friday.

Nederland is in the process of buying Eldora from POWDR Corp. for $115-$120 million. According to a , final transaction documents will be presented for consideration and approval at the town board’s meeting next Tuesday. Final authorization of the purchase could come in mid-December.

“The sale process is underway and the timeline is unknown, but all of us here at Eldora are looking forward to a bright future under the town of Nederland’s stewardship,” said Eldora spokesman Sam Bass.

Eldora has been for sale since the summer of 2024, when POWDR officials put it up for sale along with Killington in Vermont, Mount Bachelor in Oregon and SilverStar in British Columbia. Copper Mountain is also owned by POWDR but is not for sale.

Nederland will finance the Eldora purchase through revenue bonds, which will be repaid from the ski area’s operating revenues, according to the memorandum. During its due diligence process, the town reviewed Eldora’s financial performance and business operations, confirming “the viability of continued operations under town ownership.”

The town is finalizing a two-year agreement with POWDR to manage the ownership transition, during which POWDR will provide management, technical and administrative support. The goal is “to make sure the resort continues to operate effectively without any disruption to guests or employees while the town establishes its own systems and management,” the memorandum explains. “By continuing to rely on POWDR’s existing expertise and infrastructure during the transition, the town can focus on building a stable, well-organized foundation for long-term local management.”

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