The Fairbank Group to be Honored by 1Berkshire

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PITTSFIELD, Mass. — 1Berkshire announced that The Fairbank Group has been selected to receive the 2024 Putting the Berkshires on the Map honor in recognition of the meaningful contribution they and their businesses have made to the Berkshire economy. 
 
This recognition will be presented at the 11th annual Celebrate the Berkshires event on Sept. 19 at Pittsfield Municipal Airport.
 
"We are thrilled with the selection of The Fairbank Group as this year's Putting the Berkshires on the Map honoree. Their consistent annual impact as a primary driver of visitor activity in our region's shoulder seasons, as well as acting as a key destination in summer months, is well deserving of this honor," Jonathan Butler, CEO of 1Berkshire said. "They consistently receive national PR and honors within the industry received through their technology innovation. Beyond that, the work and leadership within our community from both Brian and Tyler Fairbank throughout their careers, and their Fairbank Foundation, is something that we all certainly feel. 1Berkshire is proud to celebrate them next month."
 
The Fairbank Group, headed by the father-son team of Brian and Tyler Fairbank, is driven to build things to last – not only businesses, but the relationships and partnerships that stand behind them. Since 2008, The Fairbank Group has been expanding its eclectic portfolio of businesses. This portfolio includes three resorts—Jiminy Peak Mountain Resort, Cranmore Mountain Resort, and Bromley Mountain Ski Resort—and real estate development at all three resorts, in addition to a renewable energy development company, EOS Ventures, and two technology companies, Snowgun Technology and Bullwheel Productions.
 
"Being the Putting the Berkshires on the Map honoree means so much to us at The Fairbank Group," said Brian Fairbank, chairman. 
 
"This region is our home and we are incredibly proud to contribute to it. We would like to thank 1Berkshire for this honor. Together, we’re shaping a future where the Berkshires shine brighter than ever," said Tyler Fairbank, CEO.
 
Whether it is providing families a place to connect by experiencing its mountain resorts, teaching kids self-confidence through learning to ski and ride, building a more sustainable future through renewable energy development, creating career opportunities for employees, or contributing to the communities in which it operates and serves, the purpose of The Fairbank Group entities go far beyond that of a profit motive and is intrinsically align with the Berkshire Blueprint. Their mission is to be the best in any industry they are involved in, and to enhance the lives of the people they touch while doing so, stated a press release.   
 
Join Brian, Tyler and their team on Sept. 19 at Pittsfield Municipal Airport for Celebrate the Berkshires to see the Fairbank Group receive this honor. At this event 1Berkshire will also recognize the 2024 Berkshire Trendsetter Finalists; they will be announced soon. 
 
 

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Berkshire Mall Owners Press for Road District Dissolution

By Breanna SteeleiBerkshires Staff
LANESBOROUGH, Mass. — Berkshire Mall owner JMJ RE Holdings says without a dissolution of the Baker Hill Road District, the potential sale and redevelopment with the mall would fall through.
 
The Select Board last week authorized two of its members to work on a compromise between the JMJ and the road district. The two entities have been at loggerheads over assessments to the district — and the district's purpose.
 
Tim Grogan, development consultant for JMJ RE Holdings, recently responded to iBerkshires' coverage of the meeting, during which the board discussed mediation but took no comments from the public or the mall owners. 
 
Grogan said JMJ has been under purchase contract with real estate developer Cypress Equities since May and has an intention to close in the fall.
 
"We are contractually obligated to deliver the property with the BHRD dissolved. If that does not happen, the mall will not get redeveloped. If the BHRD is not dissolved, the transaction with Cypress cannot close," said Grogan over email. "That is not a position JMJ adopted as leverage. It is the express term of a fully executed purchase and sale agreement. Should the town proceed in a manner that departs from the existing settlement framework, JMJ will evaluate all available claims to protect its contractual rights."
 
The town had initially agreed to seek the dissolution of the district through the Legislature based on JMJ paying $1.1 million to resolve all tax disputes. But that article was pulled from the annual town meeting when town officials said the mall's owners failed to make payment by the deadline. 
 
The road district was established 40 years ago to maintain the Connector Road between Routes 7 and 8 and assess the mall for fire and police protection. The mall closed in 2019 and its various owners since then have sought to redevelop the property. 
 
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