Idaho Springs, CO

Argo Holdings, Inc


The City of Idaho Springs, Colo. is planning to turn an open space area into a hiking and biking recreation park. Nearby Argo Mine and Mill is considering the possibility of a gondola from its property to the higher elevation park.

SCJ provided competition analysis for the gondola along with ridership assessment, market segments and ticket pricing, visitation patterns, parking analysis, capital cost estimation, operations and maintenance cost estimation, financial model assumptions, and local economic impacts.