Alterra Mountain Co. has announced it has an agreement to purchase Crystal Mountain Resort in Washington – the first Pacific Northwest holding for the Denver-based resort conglomerate and its Ikon Pass.
With the deal, Crystal joins the Ikon Pass family that offers unlimited skiing and riding on 14 resorts that Alterra owns – plus multiple days at nearly two dozen Alterra partner resorts.
On the northeast edge of Mt. Rainier National Park, Crystal Mountain is about two hours’ drive from the Seattle area. The 2,600-acre mountain has highest lift-serviced terrain in the state, topping out at 6,872 feet in elevation. Lifts include a gondola and 10 chairlifts that serve 57 runs and a vertical drop of 3,100 feet.
Owned for two decades by Michigan-based Boyne Resorts, Crystal was purchased by John Kirchner, longtime general manager at the Cascade Mountain resort and a shareholder at Boyne, in 2017.
Alterra Mountain Company was created when affiliates of KSL Capital Partners, owners of Squaw Valley-Alpine Meadows, and affiliates of Henry Crown and Company purchased Intrawest, Mammoth Resorts, and Deer Valley Resort in 2017. Since then, the company has gone on a spending spree to acquire the 14 resorts in seven states – from Vermont to California.
The deal is expected to close in the fourth quarter of 2018, but the Ikon Pass has already added Crystal to its list of unlimited skiing and ‘boarding destinations.