I feel like it's definitely a bit of a real estate play, but also it may spur additional development in the town of Waterville Valley. Right around where the village station of the gondola would be are 4 or 5 lodging options within a 5 minute walk. As far as travel time to mountain from the village, I'm not sure it'll be that long. A very rough quick measure on Google Maps shows that it'll be about 4,100' of distance to where the base of the new trails will be. If the gondola is traveling at 1000fpm it should be a little over a 4 minute ride - which is pretty reasonable. I realize that skiers traveling from the village might already be ready to ski, at which they would just continue on to the top of Green Peak without stopping. So that distance/time will be longer.
I do also agree, additional parking and day lodge facilities (coat/boot check, bathrooms, restaurant, boot-up area) would be a huge benefit to this expansion and to Waterville as a whole.