It was opened by the Cascade Town Company in 1888 and closed in 1902. The carriage road company went bankrupt following the success of the Manitou and Pike's Peak Cog Railway that opened in 1892.
It was established by the Cascade Town Company in 1888, but ultimately ceased to function in 1902. The carriage road company faced financial hardship following the popularity of the Manitou and Pike's Peak Cog Railway, which started operating in 1892.