Cannon Mountain tramway replacement could cost at least $24M
FRANCONIA, N.H. (AP) — The latest estimate to fully replace Cannon Mountain’s aerial tramway in the next few years is at least $24 million, the general manager said.
In the era of COVID-19 cost escalations, that amount could rise to a total of $32 million, John DeVivo told an advisory commission earlier this month, the Caledonian-Record reported.
“(The tram) has become an iconic experience for New Hampshire,” said Department of Cultural and Natural Resources Commissioner Sarah Stewart. “If you google ‘New Hampshire,’ chances are you’ll see a picture of the tram. There’s a piece to it that’s bigger than just who we are in this room and the local community.”
The first aerial tramway was built in the 1930s with investment from the state. It was replaced in 1980 for about $5 million, authorized by the Legislature.
The tramway is still functional, but is considered in need of an overhaul in the next three to five years. The Executive Council was given a presentation of options for the tram in July. The options ranged from overhauling the entire system, replacing it with an individual cabin-gondola system, or just replacing the primary systems, the Caledonian-Record reported.