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RAGGED MOUNTAIN RESORT COMPLETES LAND CONVEYANCE TO NEW HAMPSHIRE FISH AND GAME DEPARTMENT

100 acres provides State with land for wildlife habitat and conservation

Danbury, NH: Ragged Mountain Resort in Danbury, NH, recently completed a land conveyance to the New Hampshire Fish and Game Department.  The conveyance, which has been in the planning stages since 2008, permanently transfers 100 acres of wetlands and wildlife habitat to the New Hampshire Fish and Game Department.  The conveyance is the first step in a plan put together by Ragged Mountain Resort as part of its overall plans to dedicate approximately 80% of Ragged Mountain’s 2,100 acres as open space.  “We are very pleased that this conveyance has been finalized,” noted Bob Ashton, President of Ragged Mountain Resort.  “This is another important step as we continue to move forward with our exciting plans for the resort.” 

Ashton explained that the developer of Ragged Mountain Resort, Salt Lake City based Pacific Group, has made similar conveyances and conservation easements at other projects in which it has been involved.  “Wolf Creek Ranch near Park City, Utah, is a good example,” sited Ashton.  “The conservation easement at that project is over 80% as well, and in that case it covers more than 12,000 acres.  Pacific Group has a strong belief that people and wildlife want to have access to open space, and that open space must be preserved.”

ABOUT RAGGED MOUNTAIN RESORT
Located in Danbury, New Hampshire just 90 minutes from Boston, Ragged Mountain Resort is a ski and golf resort on 2,100 acres in the Dartmouth-Lake Sunapee Region.  Ragged Mountain has 50 ski trails, 18 holes of golf, miles of hiking trails on-site, and extensive plans for further expansion.
Ragged Mountain was purchased in 2007 by Salt Lake City based developer, Pacific Group who has extensive experience with mountain resort development in places such as Whistler in British Columbia, Mammoth Mountain and Squaw Valley in California, Copper Mountain in Colorado, and Solitude Resort in Utah.  Since the initial purchase of Ragged Mountain, Pacific Group has made substantial investments in improvements, infrastructure, and expansion, with the ultimate goal of developing a year round resort with residential properties, plus overnight accommodations for skiers and summer visitors.
As part of the ongoing development efforts, last October, Ragged Mountain Resort was designated as an approved Capital Investment Project under the New Hampshire EB-5 Regional Center. The EB-5 program is designed to facilitate capital investment in projects like Ragged Mountain Resort that can create or save jobs in the U.S.

www.raggedmountainresort.com



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