City Council Approves Public-Private Partnership with Deer Valley Resort
NEWS RELEASE – FOR IMMEDIATE RELEASE
Clayton Scrivner, Communications Manager
December 15, 2023
Park City Council Approves Public-Private Partnership with Deer Valley Resort
Largest partnership of its kind in City history forges path forward for major infrastructure investments
Park City, Utah – The Park City Council unanimously voted to move forward on an unprecedented public-private partnership with Deer Valley Resort on Thursday, December 14, 2023. The agreement provides a roadmap that allows Deer Valley to move forward with their application to redevelop the Snow Park Base, while providing Park City with valuable community benefits that help address two of the Council’s top priorities: transportation and housing.
The Council also unanimously approved an ordinance vacating portions of right-of-way at the Snow Park base to facilitate the new development’s design.
“As we begin to prepare to host another Winter Olympics, we must work together to build a Park City that is equipped to meet future challenges. Deer Valley has risen to the occasion as a community partner,” said Mayor Nann Worel. “I want to thank everyone, especially our residents, who spent the last several months voicing their support and concerns regarding this complex and important issue. Please stay in the conversation as we move forward together.”
The framework of this partnership is articulated in a Letter of Intent, which provides:
- $15 million from Deer Valley (with an equal match from Park City) for a regional transportation facility, which could potentially include affordable housing.
- 20% reduction in parking for day skiers, resulting in a traffic reduction during peak times.
- A gondola transportation network connecting the Mayflower area off U.S. 40 to Snow Park.
The project will now return to the Planning Commission for review.
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