Whitewater sold to Knee Deep Development of Calgary

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  • ryank
    coffee-fueled
    • Oct 2006
    • 537

    #1

    Whitewater sold to Knee Deep Development of Calgary

    Wow. Never thought I'd see this happen.

    Originally posted by Whitewater
    For Immediate Release

    Date: August 11, 2008
    Contact: Brian Cusack
    Whitewater Ski Resort
    250.354.4944
    __________________________________________________ ______________________

    Pending Change of Ownership for Whitewater Ski Resort

    Mike and Shelley Adams are very pleased to announce that they have accepted an offer for the pending sale of Whitewater Ski Resort to a Calgary based company, Knee Deep Development Corp. The sale will be finalized at the end of August after a standard period of due diligence with the new owners taking over the resort operations on the 31st.

    Mike and Shelley have been involved with Whitewater since 1985 and have worked hard to find a group of like minded owners that will take the area to the next level. “We are very pleased with what we are hearing from this new group and feel that we are leaving Whitewater in good hands” says Mike.

    The new owners, Dean Prodan, Andrew Kyle and Mitch Putnam, all based in Calgary, are enthusiastic supporters of Whitewater and fully recognize the importance of Whitewater to the local Nelson economy. The group intend to move forward with the Master Development Agreement that is already in place but as avid skiers appreciate the uniqueness of the area and will work towards maintaining Whitewater’s culture.

    The first step has been to appoint a new General Manager, Brian Cusack. A long time Nelson resident, Brian comes with an impressive resume in the ski industry. Most recently employed as the GM at Castle Mountain, just outside Pincher Creek, Alberta, he comes to Whitewater with a strong background in ski area development and is looking forward to a much shorter commute!

    Further details will be released once the new ownership is in place.
  • Tye 1on
    truckin'
    • Dec 2006
    • 13947

    #2
    Better than Intrawest?
    Something about the wrinkle in your forehead tells me there's a fit about to get thrown
    And I never hear a single word you say when you tell me not to have my fun
    It's the same old shit that I ain't gonna take off anyone.
    and I never had a shortage of people tryin' to warn me about the dangers I pose to myself.

    Patterson Hood of the DBT's

    Comment

    • ryank
      coffee-fueled
      • Oct 2006
      • 537

      #3
      I have to admit, when I saw the press release title, I was thinking, "Please, please, please, not RCR".

      Comment

      • Eldo
        Smooth side down
        • Oct 2003
        • 3774

        #4
        Originally posted by ryank
        I have to admit, when I saw the press release title, I was thinking, "Please, please, please, not RCR".
        Hah. They don't have the money to properly run the resorts they already own. No chance of them expanding the evil empire.

        Comment

        • DyingToLiveToSki
          Registered User
          • Dec 2006
          • 184

          #5
          Ya but the first, cheap developments are gladeing of backside and a whitewater sponsered backside bus, that is going to kill a lot of good lines...it was bad enough to put sproulers on the map back in the day...without backside, there will be a lot of sinners lost

          Comment

          • Rusty Nails
            Smoove Artist
            • Dec 2002
            • 1411

            #6
            I will definitely be interested to hear what the new owners have to say about it.
            "Girl, let us freak."

            Comment

            • ryank
              coffee-fueled
              • Oct 2006
              • 537

              #7
              Someone told me that new development is more or less barred at Whitewater because it's a caribou migratory route... any truth to this?

              I also heard the price. Let's just say it's not enough to buy a larger house in Southern California.

              Comment

              • davep
                knob turner
                • Dec 2005
                • 2198

                #8
                As long as they dont mess with the cafeteria...

                Comment

                • Rusty Nails
                  Smoove Artist
                  • Dec 2002
                  • 1411

                  #9
                  Originally posted by davep
                  As long as they dont mess with the cafeteria...
                  Amen to that.
                  "Girl, let us freak."

                  Comment

                  • addict
                    steezin for no reason
                    • Sep 2005
                    • 1707

                    #10
                    Wow! Big news, I don't know Brian, but the expansion at Castle, and the recent handling of it, have been good. Really hope this works out well. I know Mike and Shelley have ahad a lot of offers over the years, lets hope they made a wise choice, either way I'm nervous....

                    Not sure about the caribou thing, I thinnk a more important factor is that the most logical expansion would go into the Nelson water catchement area.

                    Comment

                    • rippah
                      rhymes with orange
                      • Jul 2005
                      • 252

                      #11
                      Originally posted by davep
                      As long as they dont mess with the cafeteria...
                      Unfortunately, as I recall, the cafeteria was Shelly's deal. If she's gone...
                      ?

                      r.
                      I ski because I was born without wings.
                      RET

                      Comment

                      • powderpyg
                        Registered User
                        • Oct 2003
                        • 357

                        #12
                        Originally posted by rippah
                        Unfortunately, as I recall, the cafeteria was Shelly's deal. If she's gone...
                        ?

                        r.
                        That would be correct.

                        Comment

                        • powderpyg
                          Registered User
                          • Oct 2003
                          • 357

                          #13
                          Originally posted by ryank
                          I also heard the price. Let's just say it's not enough to buy a larger house in Southern California.
                          That's cus it's basically a large house at the base of Ymir Peak. The two lifts are almost as old as the hills they serve and will surely have to be replaced soon. The only thing they really get is the tennure and Whitewater's reputation for snow. Lots and lots of $$$$$$$$$$$$ will have to be spent to really upgrade. Hopefully that will be done without killing the feel the hill has now. Mike hasn't sunk anything into the hill since he bought the old Olive Chair from Whistler years ago and renamed it the Silver King (I'm sure that cost big bucks). Can't say this is a surprise to me.

                          Comment

                          • PlayHarder
                            Backseat Driver
                            • Oct 2003
                            • 1757

                            #14
                            Damn Calgarians buying up the Kootenays.
                            Seems to have done a decent job of keeping the feel of Castle intact through the expansion, hopefully can do the same again.

                            Comment

                            • snoboy
                              Registered User
                              • Dec 2005
                              • 1524

                              #15
                              Originally posted by rippah
                              Unfortunately, as I recall, the cafeteria was Shelly's deal. If she's gone...
                              Yeah, but the new owners can just buy the recipe book at the bookstore.

                              Comment

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