NZsnowboard.com

Coronet Peak is poised to take its place among the world?s premier mountain resorts following the announcement of an investment programme with a price tag exceeding $20 million. 

Parent company Southern Alpine Recreation Limited today announced details of the most significant development at the ski area since its inception in 1947.

The development includes two major projects.  Firstly the redevelopment of the Coronet Peak base building and secondly, a massive investment in further state-of-the-art snowmaking systems.

The projects were given the green light at a meeting of the Southern Alpine Recreation board on Monday. (8 October)

Work on the redevelopment programme will start immediately.   The new base building will be completed in May 2008 and new snowmaking installed in time for the launch of the winter 2008 season.

James Coddington, CEO of Southern Alpine Recreation Limited, said the redevelopment marked the most significant work ever carried out at Coronet Peak and was designed to future proof the mountain resort. .

?After two consecutive record years at Coronet Peak the board has decided to embark upon an ambitious programme of development,? he said.  ?Every single service we offer at Coronet Peak will be enhanced.?

?It is a huge and exciting project which is going to deliver a spectacular new base building that will provide for winter and summer use and an automated snowmaking system that will provide ?Armani? snow across all main trails during the winter months.

?This redevelopment is designed to better cater for the needs of our growing customer base. We?re not only thinking about skiers and snowboarders, but families, spectators and summer visitors too,? said Mr Coddington.

For more information, images or interviews, please contact Southern Alpine Recreation Limited CEO James Coddington on 027 229 8958, or media liaison Alexa Forbes on 03 441 1117 / 027 471 7255 / alexa@southernpr.co.nz.