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Cannon tram replacement could cost at least $24M

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Published: Nov. 19, 2021 at 11:51 AM EST
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FRANCONIA, N.H. (AP) - The general manager of Cannon Mountain says the latest estimate to fully replace its aerial tramway in the next few years is at least $24 million.

The Caledonian-Record reports John DeVivo said in the era of COVID-19 cost escalations, that amount could rise to a total of $32 million. 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

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