November 2017

Park City Parking – We’ve got you covered.

By |2018-04-24T14:02:08+00:00November 10th, 2017|Events & Happenings|

Traffic & parking in and around Park City is already close to maximum capacity. So, it begs the question: how can the impacts from the development at Mayflower mitigate those two critical elements? First off, the Mayflower area will include as many as 800 parking spaces which will interconnect to the Village Core through a transit system styled after Mt. Tremblant in Canada. It will also have a real mitigation impact on traffic - both vehicular and skier.  As to skier traffic, the new lifts out of Mayflower will go either up to Bald Mountain, or into the new terrain being created (by the way, most of this new terrain is north facing). [...]

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Who is Extell Development?

By |2018-04-24T14:02:01+00:00November 4th, 2017|Market Update|

Based on the preceding update, you may be asking “… who is Extell Development and do they have the capacity to pull this all together?” As a brief overview of their extensive portfolio, Extell has developed and/or owns 32 New York properties, including One 57 (New York City’s tallest residential tower), the Carlton House, and the Park Hyatt, among others. They also own and operate the iconic Four Seasons Vail. For additional details, you should take a moment and go to their website:  https://extell.com/.  And then to this link, which while written just over a year ago, gives an accurate 3rd party review of the Mafflower transaction:  https://therealdeal.com/2016/05/24/gary-barnett-hits-the-slopes-hunts-for-a-new-market/.

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Mayflower Parcels Closing Escrow

By |2018-04-24T14:02:36+00:00November 1st, 2017|Market Update, Mayflower|

  The Mayflower parcels on the east side of the Deer Valley Resort closed escrow on November 2nd. The seller is the Dutch investment group Stichting Mayflower Recreational Fonds (they have owned the property for many years), and the buyer is an affiliate of Extell Development. This update, and others yet to come, are designed to be informative as to what this transaction means to the Resort, and its guests and pass holders. You may already be somewhat up to speed on this expansion based on what you’ve heard on KPCW, or read in the Park Record, but what you may not know is the enormity of the undertaking, as what is proposed [...]

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Deer Valley Sale Closed

By |2018-04-24T14:02:52+00:00November 1st, 2017|Deer Valley, Market Update|

The sale of Deer Valley just closed…. Now all we need is snow Just this week, it was announced the resort’s acquisition by a newly formed entity controlled by affiliates of KSL Capital Partners, LLC and Henry Crown and Company, has closed. So, Deer Valley is now part of a portfolio of 13 resorts, plus Canadian Mountain Holidays (a heli-ski operator). Its mountain resorts are in many of North America’s major ski regions: West - Squaw Valley/Alpine Meadows, Mammoth Mountain, Snow Summit, Bear Mountain, June Mountain, Deer Valley, Steamboat and Winter Park. East - Stratton Mountain, and  Snowshoe Mountain Resort Canada - Blue Mountain and Mont Tremblant. In our next [...]

April 2017

Park City History – Miners Hospital

By |2018-04-24T14:03:13+00:00April 10th, 2017|Park City History|

Miners Hospital...this iconic building was located at the base of Park City Mountain Resort...where Shadow Ridge Hotel is now.  It served Miners and their families locally so they didn't have to make the long trek to Salt Lake City facilities...It is now a community center.  I am grateful this historic gem was preserved!

March 2017

November 2016

February 2016

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