$400 Million Big Sky Hotel Breaks Ground
Big Sky has long been considered a destination ski resort by both recreational and pro skiers. While the slopes support high levels of tourism, the town of Big Sky has not always had the hotel infrastructure one might expect from a resort destination. We have watched significant building changes happen over the last decade as investors get involved with the building up of Big Sky. Yellowstone Club, one of the most elite, private ski clubs in the world, has been a big contributing partner in bringing Wall Street and Silicon Valley billionaires to the Big Sky area. Montage International and CrossHarbor Capital Partners, a Boston based equity firm purchased Yellowstone Club in 2009. As of last week, CrossHarbor has decided to branch out and break ground on a $400 million hotel property. The 150 room and 39 residence luxury building offers a variety of private amenities including ski-in, ski-out access. While most people consider Big Sky to be a winter destination, the resort operates year round with a variety of summer activities available. The CrossHarbor hotel will give it’s clients direct access to a Tom Weiskopf designed golf course. In addition to the current Big Sky project, CrossHarbor has sited that they have plans to make another hotel announcement.
Montage and CrossHarbor started operations on hotels in 2002 and currently oversees the operation of eight different hotels, with plans for at least two more hotels within the US in addition to Big Sky. The Big Sky hotel is set for completion in 2021. If you are interested in moving to the Big Sky area, be sure to check out current listings here.