Pikes Peak Cog Railway orders parts for $100 million rebuilding project
The Broadmoor Pikes Peak Cog Railway has ordered three new engines, nine passenger cars and cog-rail and snow removal systems from a Switzerland-based manufacturer.
Stadler Bussnang AG announced earlier this month it had received the order for the rack-and-pinion diesel locomotives, the rail cars, cog-rail and snow removal systems. Stadler spokeswoman Charlotte Thalhammer said all of the components would be manufactured at the company’s plants in Switzerland, but a delivery schedule had not been established since the company and railway were still negotiating specifics of the order.
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The railway has been closed since 2017 while Broadmoor hotel officials worked out a deal with the city of Manitou Springs to spend nearly $100 million to rebuild the tourist attraction. The railway is scheduled to reopen in May 2021, offering visitors a scenic trip from its depot in Manitou Springs to the new Summit House under construction atop Pikes Peak.
Under the railway’s 50-year agreement with Manitou Springs, the excise tax on ticket sales will be capped for the first 25 years, starting at $507,500 and increasing gradually to $775,000. During the final 25 years, the cog would not pay less than a 3.8 percent tax on ticket sales and if it attracted more than 375,000 riders in any year, it would pay the full 5 percent tax on ticket sales.
A Broadmoor spokeswoman did not immediately respond to an email seeking comment on the deal with Stadler.




