Is it really feasable to try to build there? Sure the top of the mountain, and the area around the lodge would work, but the majority of the land is still severly sloped. I can't see any economical way to develop the North Face. Maybe if you put something on the flatter sections between headwalls up top, but thats about it.
If they really want to make money off of this why not just build at the top? Offer slopeside living or condos or whatever. There is a ton of room past the slopes on the top of the hill, go for it there, I'm sure you can make a ton of money and you can throw in the fact that you live on a ski hill for good measure, kind of like a Northridge type deal.