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Valle Nevado Expansion
 Poster: A snowHead
Poster: A snowHead

El Mercurio newspaper is reporting a planned expansion at Valle Nevado of US$ 120 million in the medium term. The controlling ownership of Valle Nevado, the Ergas family and the Senerman family, plan to center the expansion to be the "Pueblo de Montaña" residential village.

http://www.economiaynegocios.cl/noticias/noticias.asp?id=48156

The planned expansion will include the building of at least one new residential condo building a year for the next 15 years. Abraham Senerman's architect practice Sencarque will lead the project.

The expansion also calls for US$ 22 million in new mountain and hotel infrastructure during the upcoming five years, and then an additional US$15 million over the next five years. The resort is also pressing the government to finally upgrade the roadway from Santiago as an additional piece to the puzzle. Valle Nevado reported US$ 20 million in sales last year, and expects a 15 percent increase for this year.
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