Cranmore Unveils Next Phase of Base Area Redevelopment Plan: The Fairbank Lodge
North Conway, NH – Cranmore Mountain Resort, located in North Conway, NH, has unveiled Phase III of its multi-year Master Development Plan, the Fairbank Lodge, part of the Kearsarge Brook II Condominiums at Cranmore development. To be located front and center in Cranmore’s base area, the proposed new building will feature a combination of 15 residential condominiums and new ski facilities for resort guests.
“The Fairbank Lodge is the next chapter of improvements that will continue to make Cranmore a progressive and leading year-round resort in New England,” said Ben Wilcox, Cranmore President and General Manager. “Mixing condominiums with new ski facilities is a proven model in the ski industry, and we are excited to be adding new ski lodge facilities for our day and overnight guests.”
The proposed Fairbank Lodge, the first building in the new Kearsarge Brook II Condominiums at Cranmore, will feature 15 two-story residences located on its third floor. Each unit has been designed with an open concept floorplan that includes a master suite bedroom and bath, spacious kitchen and dining area, and living room with exquisite floor-to-ceiling windows that span across Cranmore’s North Slope or feature sunset views over the resort’s Courtyard. Guest bedrooms, additional bathrooms, and an open loft area overlooking the main living area will be found on the second floor of each unit. The residential units will range in size from 1,453 to 1,858 square feet for 2-to-3-bedroom homes and 2,419 square feet for the 4-bedroom penthouse.
The ground and second floor levels of the Fairbank Lodge will include over 18,000 square feet of brand-new ski facilities for day guests. Amenities will include a seasonal locker room for the public, a private locker room for residents, base lodge space, restrooms, ski accessory shop, food pavilion, coffee bar, and a slope-side bar with an expansive slope-side deck.
The Fairbank Lodge was designed by Bull Stockwell Allen, the architects of the existing Kearsarge Brook Condominiums at Cranmore and other similar projects at Stowe, Bretton Woods, Copper Mountain, and other leading resorts.
The Fairbank Lodge is a continuation of resort improvements that started in 2010 when Cranmore was purchased by father and son team, Brian and Tyler Fairbank of The Fairbank Group and Joseph O’Donnell. Since the acquisition, The Fairbank Group has invested over $25 million in improvements and development.
Non-binding reservations for Kearsarge Brook II Condominiums at Cranmore are currently being accepted, as this condominium has not yet been registered by the New Hampshire Consumer Protection and Antitrust Bureau of the Attorney General’s Office, Department of Justice. Once approval is received from the Attorney General’s Office, Cranmore will secure purchase and sales agreements with buyers who have non-binding reservation agreements for the Fairbank Lodge.
Once all permits are in hand, Cranmore expects to break ground on the project in the spring of 2022. The first floor of the Fairbank Lodge is projected to be functional prior to the start of the 2022-2023 ski season, with the residences completed by early summer 2023, and the second floor completed prior to the start of the 2023-24 season. Atlantic Construction Group, the contractor who completed Building 2 of Kearsarge Brook Condominiums at Cranmore, will be the general contractor.
The Fairbank Lodge in the Kearsarge Brook II Condominiums at Cranmore is part of the resort’s multi-year development project, along with Kearsarge Brook Condominiums at Cranmore, and designed to replace a majority of Cranmore’s aging facility infrastructure. Fifteen residential condominium units will be built in the Fairbank Lodge, adding to the existing thirty-six units in the original Kearsarge Brook Condominiums at Cranmore. Ultimately, the plans for the entire project include up to 100 residential units.
The Fairbank Lodge also features new commercial day lodge space and ski facilities.