The resurrection of the landmark Mount Buffalo Chalet is a step closer to reality after the state government agreed to help a local community group develop a plan to redevelop the building.
The government will give it a 12-month deadline and $200,000 to develop a viable business model that will redevelop and operate the 100-year-old chalet. The building is Victoria’s first ski lodge and was a plum holiday destination for Melbourne’s wealthy.
The community group, known as the Mount Buffalo Community Enterprise, has 16 shareholders, including well-known local business figures such as John Brown of Brown Brothers Wines and Tom O’Toole from the Beechworth Bakery. But the biggest name among shareholders is former deputy prime minister and current ambassador to the Vatican, Tim Fischer.
The group pledged that if it revived the chalet, it would distribute 51 per cent of profits to a community foundation, with the balance to be shared between investors.
From the article Mt Buffalo’s ‘grande dame’ wins powerful new friends by Darren Gray, The Age, October 29, 2010.
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