Park City News

Park City news and information. Park City, Utah.

Found 31 blog entries about Park City News.

Park City is a great place to live and do work. People love the mountain life where the mentality is ‘work hard, play hard.’ Here in PC, work-life balance isn’t a goal, it’s a given.

Most Parkites engage in some version of the following scenario: bike up a mountain before heading in for a morning product development meeting; then get in a gym session at lunch. There is a feeling of both accomplishment and empowerment that easily transitions from the play side of life to the work side of life, and those feelings enable business-people to feel like they can conquer the challenges that may lie ahead.

A huge advantage that local businesses have is a close proximity to the ‘silicon slopes’ of Salt Lake City, a hub of technological innovation. Another great

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Deer Valley Resort hoping to connect to Old Town

Options Include Two Connected Gondolas Or One Gondola To Reduce Traffic

In a meeting with the Park City Council, Bob Wheaton, the President and General Manager of Deer Valley Resort, shared Deer Valley's plan to dramatically increase their ski terrain with eight new lifts, which will serve approximately 1,000 acres of new runs. Wheaton also discussed the Berkshire Hathaway Utah Properties listed development at Mayflower (above the Jordanelle) and expanded residential communities in and around the resort. Most exciting, Wheaton confirmed that Deer Valley intends to try to connect the resort directly to Old Town via a Gondola System.

There are two options, the first option involves two connected

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Vail Announces Resort Improvement Plans for Park City Mountain Resort

  • More than $50 million of improvements in one season
  • Most impactful capital program in history of U.S. ski industry
  • Creates largest ski resort in U.S. with upgraded lifts and restaurants
  • All projects are subject to appropriate regulatory approval

ROOMFIELD, Colo.—Dec. 8, 2014—Vail Resorts, Inc. (NYSE: MTN) today announced details of the company’s planned upgrades to Park City Mountain Resort for the 2015-2016 ski season. The plan, which totals over $50 million, is one of the most ambitious and impactful capital programs in U.S. ski industry history and will transform the guest experience at Park City Mountain Resort. The plan would establish the connection between Park

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2014 Q3 Market Statistics - Park City, Utah

P R E S S   R E L E A S E
FOR IMMEDIATE RELEASE:

October 31, 2014
For further information, contact Park City Board of REALTORS®

Park City, Utah – October 31, 2014 – Q3 of 2014 shows fewer number of sales compared to same time period in 2013, but median sales price is trending upward

The total number of closed sales, including single family homes, condominiums and vacant land, within the Greater Park City Area in the third quarter of 2014 is 12% below Q3 of 2013, with single family home sales down over 16%, according to the Park City Board of REALTORS®. Though the number of sales is down, median prices continue to climb at a gradual pace.

Single Family Home Sales

By property type, single family homes

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 DEER VALLEY RESORT AGREES TO PURCHASE SOLITUDE MOUNTAIN RESORT

  DEER VALLEY TO TAKE OVER OPERATIONS MAY 1, 2015
 

DEER VALLEY RESORT, PARK CITY, UTAH (October 3, 2014) – Deer Valley Resort has entered into an agreement to purchase Solitude Mountain Resort and will begin operating the resort on May 1, 2015.

“Solitude is an incredible resort and provided a huge opportunity for us to expand our offerings right here in Utah,” said Bob Wheaton, president and general manager of Deer Valley Resort. “Solitude is in unique position with their widely varied terrain that attracts both local and destination skiers. We are ecstatic to be able to add the resort to the Deer Valley® family.”

“The DeSeelhorst family has enjoyed being a part of Solitude’s

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