The Gondola Redevelopment is currently in the project development phase, and has 3 funding partners for project development costs: The Town of Telluride (25%), The Mountain Village Entity (Town of Mountain Village and TMVOA) (25%), and SMART (50%). San Miguel County, and Telluride Ski and Golf are planning partners in this effort and participated financially in the project development through 2024. SMART is serving as the project manager. Gondola replacement costs are anticipated to be $135M-$187M, with station replacements costs from $55M-$69M. Construction is anticipated to commence in 2031.
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