Denver Authority Considers $7 Million Loan for Alterra Mountain Company Headquarters Relocation
The Denver Downtown Development Authority is considering a $7 million low-interest loan to Alterra Mountain Company, the operator of the Ikon Pass and several ski resorts, to relocate its headquarters from the River North (RiNo) district to downtown Denver. This…
Denver, CO, July 23, 2026 —
The Denver Downtown Development Authority (DDA) is currently reviewing a proposal for a $7 million low-interest loan intended to facilitate the relocation of Alterra Mountain Company’s headquarters. Alterra Mountain Company, widely recognized as the operator of the Ikon Pass and numerous ski resorts, is looking to move its base from the River North (RiNo) district to downtown Denver.
If approved, the loan would support Alterra’s transition, which is anticipated to create approximately 400 new jobs within the downtown Denver area. The specifics of the loan terms, including the exact interest rate and repayment schedule, were not detailed in the information provided. The DDA’s consideration of this financial incentive underscores a potential strategic effort to bolster the downtown business landscape and employment figures.
Alterra Mountain Company’s operations include managing a portfolio of ski destinations that are popular among winter sports enthusiasts. The potential relocation of its corporate headquarters signifies a significant move for the company and could have a notable impact on the economic development of downtown Denver. Further details regarding the timeline for the DDA’s decision and the projected move date for Alterra Mountain Company were not available.
Story summarized from the original created by Andrew Kenney on denverite.com, see more information here.
