Erie, PA, June 30, 2020 Through a new partnership with Erie Insurance and The Erie Community Foundation, Arctaris will provide funding to revitalize Erie’s downtown corridor.
Read the press release to learn more.
Archive for June, 2020
Arctaris Impact Investors Announces $25M Opportunity Zone Initiative to Support COVID-19 Recovery
June 12, 2020 Arctaris Impact Investors Announces $25M Opportunity Zone Initiative to Support COVID-19 Recovery in partnership with former Mayor Hon. Michael Nutter A Nutter also past President of the United States of Mayors.
Despite pandemic, Saddleback resort relaunch remains on track
June 10, 2020 Significant upgrades to Saddleback Mountain, the ski resort in Rangeley, remain on track despite the pandemic. Boston-based Arctaris Impact Fund LP bought Saddleback in January, paying $6.5 million for its 6,400 acres, including the ski trails and buildings. Arctaris subsequently launched a multiyear $38 million upgrade of the resort, which is Maine’s third-largest ski area. The resort has been closed since 2015. Upgrades include a high-speed detachable quad chairlift, redesign of the lodge, expansion of the snowmaking system and the addition of mountain bike and fat bike trails.