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In Pandemic, One Vermont Ski Town Found An Economic Growth Catalyst

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In Pandemic, One Vermont Ski Town Found An Economic Growth Catalyst


The picturesque ski city of Killington, Vermont, was hit laborious because the Covid-19 pandemic swept throughout within the U.S. in early 2020. Vermont urged guests to quarantine; bar closures sapped the fizz from snowboarding’s après ski enjoyable.

Killington’s fortunes have improved dramatically since. Working from dwelling has taken off nationally, growing the variety of year-round dwellers and spending within the resort city; out of doors recreation has on the similar time gained attraction; and property costs have spiked on restricted provide. Underscoring the spirited ambiance in Killington of late, skiers had been nonetheless on the slopes similtaneously mountain cyclers on the Killington Ski Space on Saturday, June 4, the longest ski season on the Killington Ski Space in 1 / 4 century.

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The upshot: the identical pandemic that solid a cloud over the area two years in the past is among the many catalysts for long-stalled infrastructure plans and new village actual property funding. A program named “Killington Ahead” combines 5 objectives: a reconstructed street to ease visitors, a water system to extend provides and enhance high quality, inexpensive housing to assist counter an enormous scarcity of employees and area for them to dwell, and the largest piece of all — a brand new proposed village to be referred to as “Six Peaks Killington” that will host 1,500 residences, creating a brand new neighborhood centerpiece conveniently positioned alongside the street that winds alongside the resort’s most important ski lifts.

The city hopes this month to nail down closing approval from the Vermont Financial Progress Council for a $62 million financing plan, often known as tax increment financing or TIF, to pay for infrastructure in any other case past the technique of Killington’s 1,400 full-time residents. To succeed with Killington Ahead, the city additionally wants funding in Six Peaks; Toronto-based actual property developer Nice Gulf Group is poised to agree, conditional on TIF funding. If Killington Ahead comes collectively, nevertheless, it could enhance the worth of actual property within the space by greater than $285 million within the subsequent twenty years, in keeping with a city estimate, creating a brand new financial period from the out the depths of Covid.

“On this space, Covid has had a optimistic affect – as a lot as you actually don’t wish to say these phrases collectively in a sentence,” Killington City Supervisor Chet Hagenbarth advised Forbes. “This can be a once-in-a-lifetime (second), the place all the stars align and this might come to fruition.” Shovels will hopefully break floor on the central Vermont mountain early subsequent yr, he stated.

The great vibe at Killington this yr is an element of a bigger rebound within the ski business after the onset of the pandemic. U.S. ski areas loved a rise of three.5% skier visits within the 2021-22 season, totaling a document 61 million, in keeping with the Nationwide Ski Areas Affiliation. “Snowboarding and snowboarding have rebounded within the wake of the Covid-19 pandemic, offering financial aid and hundreds of jobs to communities throughout 37 ski states,” the affiliation stated. “Robust season-pass gross sales and a continued want for out of doors recreation are two of the first contributing components to the season’s record-breaking outcomes.”

Killington is one in every of 24 ski areas in Vermont, ranked the No. 8 state within the nation. Tourism issues quite a bit to the Vermont. It’s a $3 billion enterprise that accounts for 10% of all jobs. Final yr, the U.S. had 462 ski areas in operation – down from 845 again in 1980, owing to altering climate and consolidation. New York led the best way with 49, adopted by Michigan with 39.

Vermont nonetheless boasts independently run ski areas, but the largest resorts are owned by bigger corporations which have made acquisitions in recent times. New York-listed Vail Resorts
MTN
, the Broomfield, Colorado, operator of 13 ski areas within the U.S., Australia and Canada, bought Stowe and Okemo; privately held, Denver-based Alterra Mountain, the proprietor of 15 ski places in six states and three Canadian provinces, purchased Stratton and Sugarbush Resort. Vermont’s funding surroundings has been tainted by one of many state’s worst scandals that concerned two ski areas: Jay Peak is now underneath receivership in reference to the misuse of immigration funds that cheated overseas nationals and elsewhere out of thousands and thousands of {dollars}. Three businessmen obtained jail sentences this yr, whereas a co-defendant stays at giant.

For its half, the city of Killington has lengthy an outsized spot within the state’s historical past. The state of Vermont was christened by the Reverend Samuel Peters atop a peak there in 1763, The mountain early on was often known as Mount Pisgah, a time when many Vermont mountains got biblical names, in keeping with a e book revealed in 1990, “Killington: A Story of Mountains and Males.”

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Killington first opened for enterprise in 1958, led by Preston Smith, who embodied a ski business the place entrepreneurs typically had extra ardour than money. With financially savvy companions, he constructed up a Nasdaq-traded enterprise identified finally as S-Ok-I earlier than promoting it within the mid-Nineteen Nineties to American Ski Firm.

Privately held Powdr, headquartered in Park Metropolis, Utah, purchased Killington and the close by Pico space in 2007 and presently has 12 resorts in North America. When it took over Killington’s ski operations, Powdr largely left the opposite actual property it owned to SP Land, a Texas-based funding firm, which now owns the property the place the Six Peaks improvement is slated. Beneath the association between the 2, Killington owns 20% of SP and SP owns 20% of Killington.

Powdr’s accomplished nicely in Killington by not overpromising and including secure enterprise, a distinction to the difficulties American Ski bumped into, Mike Solimano, president of Killington/Pico Golf & Ski Resort, advised Forbes. Powdr is presently constructing a brand new base lodge price $34 million.

Powdr has additionally invested in bicycle trails to usher in enterprise year-round. “Once I first obtained right here, it was a ghost city” in the summertime, Solimano stated.

Killington’s attraction lately is evident in the true property market. Six houses bought in Killington within the first three months of 2022 at a mean value simply over $1 million, a year-on-year enhance of 30%, in keeping with brokerage Status Killington. Seventeen condos bought at a mean value of $413,000, greater than 67% larger than the common final yr and the best common value ever.

Six Peaks, the centerpiece of the deliberate Killington revitalization, will sprawl throughout the underside of two mountains, Snowshed and Ramshead, connecting the 2 with a ski bridge, and remodel the primary street to the Killington base lodge. Powdr, the proprietor of the resort operations, largely doesn’t do property improvement, and neither does SP Land, which is on the lookout for a developer for the Six Peaks venture.

Nice Gulf Group, the event firm based by Toronto businessmen Elly and Norman Reisman, appeared at a gathering on Could 26 with state officers to say that it had reached an settlement to accumulate SP Land’s in Killington. A inexperienced mild for groundbreaking requires public-sector funding.

“It’s not even near affordable” for a city Killington’s dimension to spend $62 million for infrastructure upfront, stated Hagenbarth, Killington’s city supervisor. “There must be a public-private partnership.” Nice Gulf declined to additional touch upon the outlook for the venture.

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One other attainable impediment: Lack of inexpensive housing. It’s not a part of the $62 million tax incremental financing program. It’s already in such brief provide that Killington Ski Space has purchased native accommodations to accommodate short-term employees in the course of the winter season. Killington staffing is “a relentless battle and actually miserable,” stated Polly Mikula, editor and co-publisher of Mountain Instances, a neighborhood print weekly. Vermont’s unemployment price in April was 2.5%.

Vermont’s housing scarcity is a Catch-22, stated Stephanie T. Clarke, a vp at White + Burke Actual Property Advisors, a guide to Killington. “We will’t afford to construct housing as a result of the laborers aren’t right here as a result of they’ve nowhere to dwell,” she stated.

If the Vermont Financial Progress Council approves the TIF plan this month, a closing vote to kick off the primary mortgage shall be put to voters in November. Killington’s city selectmen have already backed the plan, and building could be poised to start out subsequent spring.

See associated put up:

Vail Resorts Earnings Climb By 36% Amid Easing Pandemic

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The 7 Best Vermont Events This Week: May 21-28, 2025 | Seven Days

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The 7 Best Vermont Events This Week: May 21-28, 2025 | Seven Days


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Daydream Believer

Saturday 24

Local singer-songwriter Samantha Mae performs original works from her evocative debut album, reverie, at the District VT (formerly ArtsRiot) in Burlington. With the warmth and poise of Joan Baez and the lyrical prowess of Joni Mitchell, Mae forges an immediate bond with listeners from all walks of life — and inspires other budding artists to take the leap and pursue their dreams.

A Delicate Balance

Wednesday 21

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Henry Jamison - COURTESY OF TODD STOILOV

  • Courtesy of Todd Stoilov

  • Henry Jamison

The Silo Sessions concert series continues with introspective indie sensation Henry Jamison at Bread & Butter Farm in Shelburne. The Vermont singer-songwriter effortlessly marries the simplicity of acoustic playing with the modernity of synthesizers for a result that Big Thief’s Adrianne Lenker describes as “songs that sing me through mazes of my own sensuality and sadness.”

Buzzworthy

Thursday 22

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Burlington Rotary Spelling Bee - COURTESY OF TODD STOILOV

  • Courtesy of Todd Stoilov

  • Burlington Rotary Spelling Bee

As the Jackson 5 once declared, A-B-C is easy as one, two, three and as simple as do-re-mi … or is it? Attendees find out at the Burlington Rotary Spelling Bee at Champlain College, where friendly academic feuds take flight. Dictionary diehards in corporate, Rotarian and high school levels get their wings — or get eliminated — as they race the clock to untangle labyrinthine multisyllables.

Animal Instinct

Thursday 22

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Christie Green - COURTESY

Author and ecologist Christie Green shares her deeply felt new memoir, Moonlight Elk: One Woman’s Hunt for Food and Freedom, at the Norwich Bookstore. Green’s engrossing meditation on finding sustenance — for body and soul — weaves her personal journey with natural history into a narrative that implores readers to contemplate what it means to be human in a more-than-human world.

Wingin’ It

Sunday 25

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Secret Garden Roller Disco - COURTESY

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  • Secret Garden Roller Disco

Cottagecore, flowers and fays abound at the Secret Garden Roller Disco at the Champlain Valley Exposition in Essex Junction. Guests sport their finest toadstool helmets, gnome beards and diaphanous wings at two spritely skate sessions — one family friendly, one adults only — to benefit local nonprofit Outright Vermont, supporting LGBTQ+ youths in the region.

Pace Makers

Sunday 25

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M&T Bank Vermont City Marathon & Relay - COURTESY

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  • M&T Bank Vermont City Marathon & Relay

Runners and spectators find sole-ful bliss at the annual M&T Bank Vermont City Marathon & Relay in Burlington, the largest single-day sporting event in the state. More than 5,000 participants and 20,000 onlookers are expected to flood the Queen City, backed by the beat of taiko drummers and succulent smells from local food trucks.

Drawing From the Past

Ongoing

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"Y-Connect" by Mary Admasian - COURTESY

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  • “Y-Connect” by Mary Admasian

Montpelier multidisciplinary artist Mary Admasian shuttles viewers back in time with her “Past Is Present” exhibit at the Phoenix’s Waterbury Studios. The curated collection showcases previous bodies of work — “The Y-Con Series” (1983-1989) and “Peering Through” (2007-2013) — and exemplifies how earlier expressions can shape an artist’s evolution and oeuvre.



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Sen. Sanders raises alarm on cost of health care in Vermont and nationwide – VTDigger

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Sen. Sanders raises alarm on cost of health care in Vermont and nationwide – VTDigger


Two favorite photos: Senator Bernie Sanders held a press conference alongside Vermont healthcare leaders on May 19 to advocate for programs and policy to make healthcare more affordable in the state. Photo by Olivia Gieger/VTDigger

Sen. Bernie Sanders, I-Vt., joined a group of state legislators, health care officials and advocates in Burlington Monday morning to raise the alarm on what they called Vermont’s health care affordability crisis.

“Everyone knows that our health care system, nationally and in the state of Vermont, is broken. It is dysfunctional, and it is wildly expensive,” Sanders said. 

The press conference at Patrick Leahy Burlington International Airport was set against the backdrop of Congress’s attempts to push through a mega spending bill that is expected to include work requirements for Medicaid recipients and limit the extent to which state governments can use health care provider taxes to cover their portion of Medicaid funding.

Back at home, Blue Cross Blue Shield of Vermont sits in financial jeopardy, having lost $152 million over the past three years. The nonprofit insurer has asked the Green Mountain Care Board to approve double-digit percentage increases to the premiums of plans sold in 2026 on the Vermont Health Connect — the state-run federal Affordable Care Act marketplace. 

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“I’m not sure how anybody is going to be able to afford that,” Sanders said. 

While he did not touch on the specifics of how the state or federal governments can support the state’s only Vermont-based health insurer and protect it from insolvency, Sanders outlined areas where he thinks further investment can lead to lower health care costs for Vermont in the long term. Those included expansions of primary health care facilities and of nursing education programs that allow the state to rely less on traveling nurses, as well as increased support for home health care and nursing homes. He cited efforts to reduce the cost of prescription drugs as a key area that can lower costs for hospitals, and thus, reduce the costs that get passed onto insurers and individuals.

All of this falls under a need for a broader cultural change, Sanders said, from a health care system that is focused on profit to one that supports health care as a human right. 

Financial struggles have pushed Vermont’s largest health insurer to the brink


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“It’s a culture that says (if) we want people to stay in Vermont, we’re going to work day and night to lower the cost of health care, provide health care to all of our people. It’s a different culture,” Sanders said. “We’ve got to radically reorient our priorities.”

Lisa Ventriss, co-chair of the newly formed advocacy group Vermont Health Care 911, put a finer point on it at the press conference: She suggested that shifting spending to patient care, rather than to administration or management, would open up “ample room for savings in Vermont,” while curbing the “gobsmacking” premium rate hikes the state has seen.

Sen. Ginny Lyons, D-Chittenden Southeast, and Rep. Alyssa Black, D-Essex Town, who chair the health care committees in their respective chambers, also touted the bills that lawmakers are trying to pass this session to reduce health care costs in Vermont. 

Namely, the legislators highlighted S.162, which seeks to keep hospital charges in line with Medicare reimbursement rates (called “reference pricing”), and H.482, which would give the Green Mountain Care Board the ability to lower reimbursement rates paid to health care providers by an insurer in danger of insolvency. 

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“We’re saving our Blue Cross and Blue Shield domestic insurer from insolvency. We’re stabilizing access to primary care, family medicine,” Lyons said. “We are now working to allow people to access food, rent and health care without having to make choices for one over the other.”

Still, progress at the state level is quickly dwarfed by the potential threat of federal changes to Medicaid. Most worrisome, Black added in an interview following the press conference, is the threats from President Donald Trump’s administration to undo the so-called 1115 waiver program. That waiver gives states the ability to cover services beyond what federal statute outlines as required coverage under Medicaid. Vermont has become a particular leader on finding innovative ways to use this waiver. 

“It’s a huge amount of our Medicaid spending,” Black said. 

Sanders said he and Senate Democrats are trying to do “everything that we possibly can, in every possible way, to defeat this awful piece of legislation,” with regard to the spending bill’s impact on Medicaid in Vermont.

He called the congressional bill a “Robin Hood proposal in reverse.”

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“You take from the poor and you give to the very rich. This is a disastrous piece of legislation, we’ve got to defeat,” he explained. The real solution, he suggested, is guaranteed health care for all, but for now he lauded the state’s efforts in “trying to begin to address this crisis.”

“What we’re doing today is trying, at least to develop a sense of urgency in the state of Vermont. The status quo cannot continue. It is failing — failing small business. It’s failing patients. It’s failing everyone,” Sanders said.





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Springfield men indicted on drug trafficking charges in Vermont

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Springfield men indicted on drug trafficking charges in Vermont


BURLINGTON, Vermont — Two Springfield, Mass. men, who were charged last fall in state court in a drug-debt homicide case in Waterbury, now have been indicted by federal authorities as part of a major drug trafficking conspiracy based in Vermont.

Fabrice “Savage” Rumama, 21, and Samuel “Smitty” Niyonsenga, 19, are charged with knowingly and intentionally conspiring with others to distribute crack cocaine and more than 40 grams of fentanyl between September and October 2024 in Vermont and elsewhere.

They both pleaded not guilty during separate arraignments in U.S. District Court in Burlington last week. The more than 40 grams makes the maximum penalty, if convicted, up to 40 years, records show.

Rumama and Niyonsenga were ordered held without bail at the request of prosecutor Jared Engelking, a trial attorney from the Violent Crime & Racketeering Section for the U. S. Department of Justice in Washington, D.C.

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The issue of bail in the federal case in Vermont was moot because Rumama and Niyonsenga are both being held without bail on a pair of state homicide charges.

Washington County State’s Attorney Michelle Donnelly has charged Rumama and Niyonsenga with both second-degree murder and aiding in the commission of second-degree murder for the fatal shooting of Shawn Spiker, 34, of Croydon, N.H. on Oct. 14, 2024.

Spiker was gunned down about 12:45 a.m. at the Kneeland Flats Trailer Park, State Police Detective Sgt. Seth Richardson said in a court affidavit. The autopsy showed the Sullivan County man died from multiple gunshot wounds, police said.

Michael Perry, 57, of Waterbury also was wounded during the shooting, according to Richardson, who is assigned to the Major Crime Unit.

Donnelly said after the federal arraignment the state homicide charges, which carry up to life in prison, remain pending against both men.

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A motion to consider Niyonsenga as a “youthful offender” under Vermont law and to send his case to family court for secret proceedings was initially filed by the defense in state court. Records show the request has since been withdrawn and the criminal case continues in adult court.

Niyonsenga also is charged with an unrelated felony case of fentanyl trafficking for a reported sale before the shooting, police said.

Donnelly has maintained the evidence against Rumama and Niyonsenga is great. Judge Michael Harris agreed with her in a 17-page decision in which he ordered both men held without bail.

Engelking, the prosecutor from Washington, D.C., said at the federal court hearing there is considerable evidence to share with the defense. It includes law enforcement reports, search warrants, photos, audio and video of drug buys, lab reports, and cellphone extractions, he said.

Federal Magistrate Judge Kevin J. Doyle agreed with a request by defense lawyer Natasha Sen, who represents Rumama, to give her 120 days to explore the case and to consider pre-trial motions.

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She said the case was tied into multiple defendants in other cases. Sen did not identify the other defendants and cases at the arraignment or when interviewed after the hearing.

Doyle set a Sept. 10 deadline.

Sen said if the homicide charges are dismissed for some reason in state court, she may seek to revisit the no bail issue in federal court.

When defense lawyer Matthew D. Anderson of Rutland appeared later with Niyonsenga, Doyle offered the same four-month deadline for motions.

The nation of origin for both defendants was not listed in court papers, but Doyle told both defendants during their respective arraignments that under a U.S. treaty, the federal government may be required to notify the consulate for their homeland if they are not U.S. citizens.

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Rumama and Niyonsenga fled the mobile home in Waterbury after the shooting and returned to a residence in the town of Orange, where they had been dealing drugs, Richardson wrote. A cooperating person at the residence said the homicide was soon discussed with those at the home, records show.

State police, along with U.S. Homeland Security Investigations, raided the residence on U.S. 302 in Orange on Oct. 18 after obtaining a search warrant. Rumama and Niyonsenga tried to flee, but both were eventually caught, police said.

Investigators said they found fentanyl in both bulk and individual packages, two handguns, an AR-style rifle, ammunition and about $3,000 in cash, Richardson said.

The house in Orange was part of another ongoing drug investigation, police said.



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