Durango businessman buys Purgatory ski resort

Last fall, James Coleman, a local Durango businessman and avid skier said he would be purchasing 100% of Purgatory at Durango Mountain Resort. The sale of the resort to James has been finalized.James Coleman

James is passionate about skiing in the southwest, having lived in Durango for nearly a decade and growing up skiing at Purgatory.

When the ski area was first founded in 1965, it was called Purgatory, and James believes that this name and all it represents hold a special place in the hearts of passholders and guests; in addition, next winter is the resort’s 50th anniversary.

So as the new owner, James’ first order of business is to change the name of Durango Mountain Resort back to “Purgatory” Resort and use the ski area’s popular “retro” logo with the red and white inverted triangles.

James is eager to put his passion for skiing and knowledge of resort operations and development to work at Purgatory. He is committed to expediting the approved projects in the resort’s Master Development Plan, including adding new terrain and making lift improvements while maintaining a focus on value and the family-friendly nature of Purgatory.

Since 2000, James has been the managing partner at Sipapu Ski and Summer Resort near Taos, NM. Last year, James entered into a strategic partnership with Los Alamos County and is in the process of acquiring Pajarito Mountain Ski Area in Los Alamos, NM. James is also in the process of acquiring Arizona Snowbowl, in Flagstaff, AZ, which is expected to be finalized by the end of the ski season.

Collectively, these four southwestern resorts, Purgatory, Snowbowl, Pajarito, and Sipapu, form the largest collective ski experience in the Southwest, totaling over 3000 skiable acres, more than 200 trails, 26 lifts, and 13 terrain parks, all within a convenient drive of each other.

Guests will be able to have unlimited access to all four mountains on one season pass, the Purgatory Power Pass, which is slated to go on sale next month. Additional Power Pass products will also be available at the Arizona and New Mexico ski areas.

The Chuck Cobb and Duncan ownership group will continue to retain ownership of Durango Mountain Realty and the remaining community real estate holdings surrounding the resort.

There are five other villages in the resort’s master plan where the real estate would remain under the ownership and development responsibility of Cobb and the existing shareholders, including the Duncan family.

These areas include Engineer and Tacoma Village, which are currently under active development, and Boyce Lake, Greyrock and Base Camp Villages, which will be developed in the future.