Vail Buys Park City Ski Resort
Posted by Sean Matyja on
It's Official. Vail has bought Park City Ski Resort from Powder Corp.
Its been a turbulent couple of years with the height of uncertainty and litigation reaching boiling points very recently. Last week we all held our breath as the courts decided it would take a $17.5 million bond posted by Powder Corp. to remain on the disputed resort property and stay open for the upcoming 2014/2015 ski season. Vail had asked for roughly $123 million and Powder Corp asked for the bond to be between $1 and $6 million. Early this week we received news that Powder Corp has decide to post the bond, which meant Park City Mountain Resort would in fact be open this year, and would need to again post another $19 million bond if they decided to also be open for the next…
5336 Views, 0 Comments

Come out and see some of the most beautiful and luxurious homes in the Park City area and benefit some area charities at the same time. This year’s tour will be held on Saturday, August 9.