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COPPER MOUNTAIN, CO-Resort developer Intrawest Corp. and the newly minted Peak Entertainment Group LLC have signed a letter of intent to build a year-round, multi-million-dollar entertainment and recording complex at the Copper Mountain Resort in the mountains west of Denver. The proposed 70,000-sf venue will include two performance halls for music, theater and film, high definition video/audio recording studios and a high-tech conference center.

The complex also will feature a broadband transmission facility to link with a network of affiliated venues and to showcase live entertainment from around the world.

The project, which is still in the planning stages and subject to review and approval, is targeting a 2003 opening. Copper Mountain is the first venture by Peak Entertainment Group, which hopes to develop similar facilities with Canadian-based Intrawest, owner of resorts in the US and Canada.

The Copper Mountain Consolidated Metropolitan District, the organization that provides the resort’s municipal services, started the planning process more than a year ago.  Metro District Manager Elizabeth Black’s vision has been to enhance the resort’s amenities and attract more individuals and groups with a multi-purpose venue.

Peak Entertainment’s advisory board is made up of some of the top names in the entertainment industry, including award-winning producer Quincy Jones, Dave Stewart of Eurythmics fame and Jeff Rosen of (Bob) Dylan Music. The board will draw top-tier talent to the center, and the company’s affiliations with major media companies such as Artist Network, will ensure the center will become as much a destination for performers as their audiences.

“Copper Mountain is already recognized as an exceptional ski area and Peak Entertainment plans to bring the same level of excellence in the performing arts world to both the resort and the region,” says Peak Entertainment Chairman and CEO Russell Kleinknecht. The Colorado-based company was founded this year to design, finance, own and operate the complex.

“This new complex will not only set a new standard in entertainment and technology–a combination sure to draw more destination visitors to Copper Mountain,” says Paul Stashick, Intrawest corporate vice president for real estate development. “It will also be a public benefit, providing entertainment and jobs for the communities of Summit and Eagle counties.”

Intrawest, based in Vancouver, BC, owns 10 mountain resorts, including Whistler/Blackcomb in Canada. It also owns the Sandestin Golf and Beach Resort in Florida.

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