Treasure partnership wants nearly $93...

Treasure partnership wants nearly $93 million for buyout - The Park Record

There are 27 comments on the Park Record story from Dec 22, 2011, titled Treasure partnership wants nearly $93 million for buyout - The Park Record. In it, Park Record reports that:

The Treasure partnership has priced a buyout of the longstanding development rights on the hillside acreage at just under $93 million, a dollar figure that has forced City Hall to abandon the idea of negotiating a conservation deal for the prized land overlooking Old Town.

Join the discussion below, or Read more at Park Record.

First Prev
of 2
Next Last
Susan Truxes

Provo, UT

#21 Dec 25, 2011
"Why is it not shown?" My guess in answer to Innocent Bystander is that nothing was ever limited, and the final design was an open question. The Sweeneys were so generous they established their own worth, which contractually, had to be met by the City. This is not an argument the City wants to have.
sweeneys have rights

West Jordan, UT

#22 Dec 26, 2011
Let them build the "APPROVED" development. This is the point. Stop trying to prevent them from building. Our city leaders bought into the masses and YOUR continued ignorant statements to stop them altogether from building.

FYI if it goes to court we will end up paying the Sweeny's over $93 million. Instead of prompting our city idiots to stop them -- tell them to let thE SWEENEYS build the original approved development.


West Jordan, UT

#23 Dec 26, 2011
How about nothing?
Summit County Resident

Ogden, UT

#24 Dec 27, 2011
Let them build what was originally agreed to but not anything larger. Park City is much more than 1 view of the mountain. People are blowing this way out of proportion. It might impact a few folks with their over-priced shacks in Old Town but the vast majority of people in Park City and surrounding areas will not be affected.

Do not spend precious capital on a buy out! If Old Town wants to buy this legal project out - let them and only them pay for it. Do a special assessment for Old Town only.
Summit County Resident

Ogden, UT

#25 Dec 27, 2011
another PC local wrote:
<quoted text>
Ahhhh. No.... this is not a leaglly approved developement for the one million square feet that the sweeneys are requesting. They got approval for 400 something thousand. I say we call their bluff. Tell them to start showing us plans for the ORIGAINLLY agreed amount of square footage. Personally I'd like to see them get tied up in court for years.
Let's face it. If Traesure gets built, Park City will no longer be the town we moved too. It will destroy any semblance of what we have now. I'll be then moving to some less developed ski town, like say Vail.
Vail?? Give me a break. Why don't you go back to Hunter Mountain in NY. You'll fit in there perfectly.
FreePCfromDevelo pers

West Jordan, UT

#27 Dec 27, 2011
Real Estate developers know just one thing; exploitation of beautiful environments for profit. Sad.
Tits Mcgee

United States

#28 Dec 27, 2011
Who cares? Let them build whatever they want. It won't affect the view from my house. Hopefully they'll throw a Starbucks in there.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Park City Discussions

Title Updated Last By Comments
saw this gem, thought I'd pass it on: May 17 Yoga Flame 1
News Dr. Dumb May 7 Three Days 1
Debate: Marijuana - Park City, UT (Aug '10) Apr '16 Wiley 15
i miss you (Mar '06) Mar '16 Suzanna Jayne Macon 9
News Why we're all talking about Mitt Romney again (Feb '14) Feb '16 kuda 5
News Julie Delpy apologizes for comments about Afric... Feb '16 trish_b 22
News Edmonton-born actress wins at Sundance Feb '16 Don Peat - Movie ... 1
More from around the web

Personal Finance

Park City Mortgages