The former Telemark Resort is one step closer to being purchased and redeveloped.
This week, the study and feasibility analysis was presented to the town of Cable and Bayfield County.
The study, which would help potential buyer HK Hospitality LLC purchase the property, confirmed the project's potential.
Telemark redevelopment would increase economic development in the region.
In order for the project to move ahead, the Wisconsin state legislature will now need to declare the area a Tax Increment Financing District, paving the way for investors to self-fund the last portion of the project.