The Saddleback Mountain ski resort has been sold and is expected to reopen in 2020 after more than four years after it closed. A Boston investment company is making plans to make significant improvements before Saddleback ski area reopening next season.
An agreement between the Berry family that owns Saddleback and the Boston investment company Arctaris Impact Fund has announced on Thursday that it reached an agreement this week to sell the ski resort. The new owners of Saddleback ski resort is intended to replace the aging Rangeley Double chairlift with a modern quad lift, replace an aging T-bar, boost snowmaking and make improvements to the lodge before they reopen between Thanksgiving and Christmas of 2020.
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