Grouse Mountain, located just outside of North Vancouver. (Pixabay)

Grouse Mountain ski resort purchased by B.C.-based Northland Properties

Grouse Mountain is one of Vancouver’s top natural tourist attractions

Grouse Mountain Resort in North Vancouver has been purchased by Northland Properties Corp., a British Columbia-based company that owns restaurants, hotels and the NHL’s Dallas Stars.

Northland announced in a news release Thursday that it had entered into an agreement to buy the resort from CM (Canada) Asset Management Co. Ltd.

Northland President Tom Gaglardi says they’re excited about the acquisition because of their strong family and company roots in Vancouver.

Grouse Mountain is one of Vancouver’s top natural tourist attractions, drawing 1.3 million guests annually for skiing, hiking and other year-round cultural or outdoor activities.

Northland also owns Revelstoke Mountain Resort and Selkirk Tangiers Heli Skiing operations in B.C.

ALSO READ: Grizzly bears Grinder and Coola out of hibernation on Grouse Mountain

The McLaughlin family sold the resort to CM just two years ago and Northland didn’t disclose the sale price in this latest agreement.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Pitt Meadows ball hockey goalie gets call up to Team Canada

Matteo Petrelli will mind net for U20 team at world championships in Switzerland this summer

Maple Ridge’s Brandon Yip to play in KHL all star game in Moscow Sunday morning

Yip currently captains the Kunlun Red Stars who are based in Beijing

The value of a prison education

Kevin Heinze teaches continuing education at Fraser Regional Correctional Centre in Maple Ridge.

Along the Fraser: RIP Parker (1991-2019)

The Canadian Liver Foundation raises funds by recycling or scrapping old vehicles.

Letter: Allen Way rail crossing proposed in 1980

Pitt Meadows mayor at time wanted it at north Bonson.

Horgan cancels event in northern B.C. due to security concerns, says Fraser Lake mayor

The premier will still be visiting the city, but the location and day will not be made public

B.C. landlord sentenced to two years in jail for torching his own rental property

Wei Li was convicted of intentionally lighting his rental property on fire in October 2017

VIDEO: Highway 1 left looking like winter war zone with dozens of stranded vehicles

Tow-truck driver says 30 vehicles still dot snowy landscape, including one rolled-over dairy truck

PHOTOS: Eastern Newfoundland reeling, search underway for missing man after blizzard

More than 70 centimetres of new snow fell overnight, creating whiteout conditions

Prince Harry, Meghan to give up ‘royal highness’ titles

‘Harry, Meghan and Archie will always be much loved members of my family,’ says Queen Elizabeth II

Canada Post driver in hospital after ice smashes windshield at Massey Tunnel

Incident happened on Richmond side of the Massey Tunnel

Calls for dialogue as Coastal GasLink pipeline polarizes some in northern B.C.

Coastal GasLink is building the 670-kilometre pipeline from British Columbia’s northeast to Kitimat on the coast

Coquihalla, Highway 3 to be hit with freezing rain, sparking warning to commuters

Hard to say when the freezing rain will turn to regular rainfall, Environment Canada says

Most Read