Boyne purchased the resort from Och-Ziff Capital Management in March 2018, along with sister resorts Sunday River and Loon, to gain full control of the mountain with the hopes of funding more on-mountain projects. As 2020 approached, many of the announced capital improvements in the 10-year plan, Sugarloaf 2020, were not fulfilled under CNL ownership. With Boyne now holding much of the mountain, and the passage of time, new plans for capital improvements were announced at the 2019 Homecoming Meeting. Among Boyne's goals in coming years is expansion of snow-making with Caribou Pond as a new water source. That project has been approved to start in 2020. Initial construction will focus on re-constructing the dam at Caribou Pond, then in future years providing transportation of water from the pond to the mountain and the golf course for snowmaking and irrigation, respectively. This new system will greatly increasing the mountain's snowmaking capacity. Other proposed improvements include a new Timberline Quad, with the possibility of extension to Bullwinkle's. Additionally, development on West Mountain of a new chair, parking lot, tubing park, Bullwinkle's access road, and short golf course. Finally, a yurt at the top of Whiffletree was proposed to provide on-mountain restrooms on the east side of the mountain.