News Desk, Sporting Properties

$48 Million Conservation Acquisition Passes

A decades-long saga came to a close on Election Day when voters in the ski town of Park City approved a ballot measure that will fund the majority of the purchase price of prime recreational acreage overlooking the site of the renowned Sundance Film Festival. Known as Treasure Hill, the land was approved in the 1980s for more than 1 million square feet of development. Years of contentious negotiations with the Park City Planning Commission followed. Ultimately, civic leaders believed it best to buy out the developers. Critics countered that locals will bear the brunt of the cost via higher taxes. “The citizens had a chance to make the decision, and we’re happy with their decision. I think it’s a fine way for Treasure Hill to turn out,” said Pat Sweeney, whose family was one of the landowners.

Click here to learn more.

RELATED ARTICLES

News Desk

Oklahoma Shines, Bucks Downward Trend

Using responses from 218 banks, the Kansas City …

Landowners

The Scharbauer Family

In our inaugural Land Report 100 (right), Midland’s …

Print & Gift
Subscriptions Available
Please sign me up to receive breaking news and updates from The Land Report:
Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code