- File photo
Building a modern tourist attraction at 14,115 feet above sea level will cost up to $50 million, of which $15 million must come from donations, according to a $70,000 study released June 1 by the Benefactor Group of Columbus, Ohio.
The Summit House project atop Pikes Peak, which was to begin construction this summer, has been delayed pending fundraising and approval of an Environmental Assessment by the U.S. Forest Service. If a finding of "no significant impact" is made this fall, construction could begin as soon as enough money is raised.
Major funding will come from Pikes Peak Highway tolls, the city and possibly a hike in the Lodgers and Automobile Rental Tax, if voters approve, the Gazette reports. While the tax is largely paid by tourists, anyone renting a hotel room or car, local residents included, pays the tax.
Benefactor Group will be paid $775,000 to raise $15 million, according to the city. A local campaign committee has yet to be named. If all goes as planned, construction will begin next year.