Stalled by massive theft, Mighty Argo Cable Car project gets going again. “Don’t ever count Mary Jane out,” Idaho Springs mayor says.
Like miners who dug a tunnel under mountains to reach gold, investors in the Argo Mill project led by Mary Jane Loevlie see big potential at the intersection of heritage tourism and recreation
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Jason Blevins/Colorado Sun
IDAHO SPRINGS — The investors behind a gondola-anchored resort and village at the historic Argo Mill have rebounded with European investors after losing $4.5 million to an alleged scam by an escrow company.
“Can you believe it? We have the most amazing team in the world,” said Mary Jane Loevlie, an Idaho Springs entrepreneur who is guiding the Argo Mill project.
A few hundred supporters of the project gathered Thursday afternoon to mark the groundbreaking on a gondola-based project that aims to ignite Idaho Springs’ tourist economy with a mountain-top pedestrian plaza and event space on Miner’s Point, adjacent to the 450-acre, city-owned Virginia Canyon Mountain Park.
“What a great opportunity for Clear Creek County, Idaho Springs and the state of Colorado,” Gov. Jared Polis told the crowd gathered in a circus tent at the base of the 1893 Argo Mill.
Read more from Jason Blevins at ColoradoSun.com.
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