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bcmclogo

Dallas Stars owner to buy Grouse Mountain Resort

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The article below from the Daily Hive (January 2nd) contains a decent little summary of the interconnected players in the local ski business, specifically Grouse Mountain, Revelstoke Mountain Resort and Selkirk Tangiers Heli Skiing and the proposed Garibaldi at Squamish Resort.
Personally, I haven't heard any new news pertaining to developments with the Garibaldi at Squamish Resort proposal (GAS) since Fall 2019.
 
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Less than two years after it acquired Grouse Mountain, a company with strong links to China has decided to sell the recreational and tourist destination on Metro Vancouver’s North Shore, returning the property to a Canadian family.

Northland Properties Corporation (NPC) announced today it has entered into an agreement to buy Grouse Mountain Resort from CM (Canada) Asset Management Co. Ltd.

The Vancouver-based company is owned by Tom Gaglardi and his family, who also own the NHL Dallas Stars, the restaurant chains of Moxie’s Grill & Bar, Chop Steakhouse & Bar, Denny’s Restaurants, and over 50 hotels across Canada, including the Sandman Hotel Group and The Sutton Place Hotels brands.

Additionally, they own a number of ski resorts, including Revelstoke Mountain Resort and Selkirk Tangiers Heli Skiing. The conglomerate employs over 12,000 people across its properties and divisions.

NPC is also a key partner with Aquilini Investment Group in their plans to build the long-envisioned $3.5-billion Garibaldi at Squamish ski resort.

Full Article:  https://dailyhive.com/vancouver/grouse-mountain-northland-properties-corporation-tom-gaglardi?fbclid=IwAR3QKV8IcnPiIPPODifJcwbXVYcaggWc72Tuy2AonCsEix21fGSppjTtjMc

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