In Park City, we are starting to see the end of Summer :( Every year, we get more and more visitors, and the popularity of our town continues to grow. One aspect I appreciate about our growth is the constant desire to acquire more land for conservation easements. Recently, the city has indicated interest in putting out a $25 Million bond to buy an area called Bonanza Flats. If you have ever ridden the McConkey's Chair at Park City, you have seen this beautiful piece of property. Originally owned by United Park City Mines, it was part of the Talisker acquisition years ago. Now bank owned, the 1400 acres parcel is just downhill from Guardsman Pass. Less developable land helps preserve the surrounding natural beauty, as well as the value of the existing properties in the Park City Area.
Just in from Australia, I was interviewed by Snowaction Magazine. With Perisher Resort being Epic, there has been a lot of Buzz about Aussies coming to Park City, and they have been increasing in numbers for years. As we become more of a global outdoor destination, combined with sensible conservation easements, the existing properties will continue to appreciate in value.