Lots of talk, but no action yet. At least they're still trying to save the cog.
http://gazette.com/broadmoor-meets-with-colorado-springs-area-officials-as-it-studies-cog-railway/article/1624461?utm_source=Newsletter&utm_medium=email&utm_content=Broadmoor+meets+with+Colorado+Springs-area+officials+as+it+studies+Cog+Railway&utm_campaign=AM+Update+-+Broadmoor+meets+with+Colorado+Springs-area+officials+as+it+studies+Cog+Railway
The same outfit that owns the Broadmoor and the Cog used to own (through whatever interlocking companies are involved) The D&RGW and SP. They also owned Qwest, the company that bought old Bell System in Colorado and other states.
A look at any of these entities probably hints at whats coming.
Overmod smells a rat, I smell accountants.
We've ridden the Pikes Peak Railway three times and let me tell you, it's a ride not to be missed if you're in the area! Just spectacular.
If the Broadmoor doesn't want it they should put it up for sale. Possibly the operators of the Durango and Silverton might be interested.
If this ride goes away it'll be a damn shame.
Allow me to apologize to any railfan accountants out there, but every time I see something like this all I can think of is frequent poster BaltACD's past comment of...
"Pofessionals know that sometimes you have to spend money to make money. Accountants think you make money by not spending any money."
Also "bottom liners," "short termers," you name it.
How much of Trump's tax cut has The Broadmoor banked and then for it to now cry poormouth?
Something is rotten in the Rockies!
Never too old to have a happy childhood!
National Park Service could take it over.
Thanks for providing this 'heads up' free and linking to the story.
I have to smell a rat here somewhere. If the future of the line were 'that' uncertain, any hotelier worth his salt would be promptly -- and probably quietly -- be shopping deals to sell or flip the Cog Railway to new ownership, instead of threatening, oh no! to shut it down and scrap it.
Meanwhile we have a spokesperson for the 'locals' doing the bargaining-table dance out of the gate with 'no public money to support tourist attractions'.
Wonder how many people will actually fall for this and start agitating for preserving some of the equipment before it is "too late".
COLORADO SPRINGS, Colo. — Pikes Peak Cog Railway's operator says there is a chance that the famed rack railroad of the Rockies will close for good. Jack Damioli, president and CEO of The Broadmoor hotel, which owns the 8.9-mile rail line, tel...
http://trn.trains.com/news/news-wire/2018/03/14-owner-pikes-peak-cog-railways-future-uncertain
Brian Schmidt, Editor, Classic Trains magazine
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