Attorney and developer Jeff Katofsky won the property through a lawsuit with the previous owners, and plans to invest “tens of millions” of dollars into the property, with work beginning in November 2018. Katofsky is currently working to bring the facilities up to code by boarding up windows and erecting a chain-link fence to deter…
Developer to Build Resort on Shuttered Sugar Loaf (Mich.) Property
The former ski area has sat vacant for 17 years, but developer Jeff Katofsky plans to revive the property by building a year-round, four-star resort by 2022. The resort would likely feature environmentally friendly amenities such as a geothermal energy system, and may partner with a neighboring entity to offer golf. Jeff Katofsky, a developer and…