The Broadmoor Announces Purchase Of Seven Falls

Seven Falls before the flooding.

One Colorado Springs icon has purchased another--the Hill family announced Friday that The Broadmoor has purchased Seven Falls.

The A.G. Hill family sold the famous Springs attraction after almost 70 years of ownership. They said in a statement that they were "pleased" with The Broadmoor's acquisition.

"We know the stewardship of Seven Falls, which we have had for 68 years, will continue with them,” Seven Falls owner and president, Lyda Hill, said.

“Seven Falls is a legendary Colorado attraction that has stood the test of time thanks to the quality ownership of the Hill family for 68 years,” Steve Bartolin, president and CEO of The Broadmoor, said in the statement. “We look forward to continuing the Hill’s legacy in the decades to come.”

The Broadmoor takes over Seven Falls during a time of extensive rebuilding; the park suffered significant damage during September 2013 flooding. Flood waters tore up much of the road leading into Seven Falls, knocked over trees, and left a mess of mud and standing water behind for workers to clean up. The park's gift shop and archway at the entrance were the only things left untouched.

The park is expected to reopen in spring 2015.

Seven Falls is located just one mile from The Broadmoor hotel grounds on the southwest end of Colorado Springs. With the purchase, The Broadmoor gets the waterfalls, the surrounding box canyon, and 1,300 of unspecified adjoining property.