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Map of planned new ski trails at Waterville Valley Resort in New Hampshire. Construction on the new slope, dubbed "Green Peak," is set to begin this month.
Map of planned new ski trails at Waterville Valley Resort in New Hampshire. Construction on the new slope, dubbed "Green Peak," is set to begin this month.Waterville Valley Resort

New Hampshire's Waterville Valley Resort, whose ubiquitous blue-and-green bumper stickers adorn the cars of many New England skiers, announced this week that it has started construction on a new ski area.

The 45-acre slope, dubbed "Green Peak," will initially feature 10 new lift-serviced trails and should be ready for this winter, the company said in a press release. More details of the overall $2 million project, the resort's first expansion in over 30 years, are set to be unveiled at a press conference Wednesday morning.

The ski trails on Green Peak in the White Mountain National Forest were approved by the US Forest Service in 2013, and construction was supposed to have been completed in 2014. Chris Sununu, the company's chief executive and part of the investment group that bought Waterville Valley Resort in 2010, told WMUR that construction is beginning now because his company just obtained financing for the work.

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"The expansion process has been very exciting for us internally," Sununu said in a statement. "There's been a lot of hard work done by members of our team and the U.S. Forest Service to make sure this project is a success."

The company had previously said the trails on Green Peak, which is adjacent to the resort's main runs on Mount Tecumseh, would be geared towards beginners.

Waterville Valley got its start in the 1960s and quickly became one of the region's most popular ski resorts. However, the company went bankrupt in the 1990s, and has changed hands several times since.


Dan Adams can be reached at daniel.adams@globe.com. Follow him on Twitter @Dan_Adams86.