in Vail
EPIC Local Pass claim of “Paying for itself in just 4 days” isn’t exactly true
You’ve probably seen the ads telling you that Vail’s Epic Local Pass pays for itself in 4 ski days. With the price of the Epic local pass at $609 (as of writing) and a single day lift ticket at $162 (list price on most weekends), Vail’s marketing seems to match the math (4 single day tickets cost more than the Epic Local Pass).
However, things are not always as they seem.
If you take a look at Vail’s online ticketing system, a different picture emerges. Right now, single day lift tickets are 25% off list price. So, if you know the dates you want to book, you can book a weekend lift ticket at $122. You could get five of those for the price of the Epic Pass. It’s true that is only one more day free, but at $100+ that’s really money. Of course, you’d need to know the dates you were going to ski.
If you are looking for something even more flexible, and even more cheap, you may want to check out the Park City 4-Pack for $299. If you are only going to ski a handful of times (i.e 4 or 5 times) the 4 pack is a cheaper choice. With this pass, you can use the passes when you like (blackouts excluded), like the Epic Local Pass, but you may save some hard earned money.
While many people probably enjoy the freedom of skiing as much as they want throughout the year, and perhaps at resorts outside of Utah, if you know you will only be able to ski 4 times this year at Park City Mountain Resort (or Canyons), you may want to save some money and look at the 4-Pack. In that case you’ll be getting your ski season at 1/2 off.
So, while it may be true that at full, list prices an Epic Local Pass pays for itself in 4 ski days… in practicality, if you are only skiing 4 days, there are cheaper ways to go.
in Housing
Want to learn more about affordable housing issues in and around Park City?
Affordable housing is one of the most important issues facing those of us around Park City.
No matter whether you are in the camp that says we need more affordable housing to enable those of us who work here to live here, to maintain our sense of community, or a hundred other reasons… or you are in the camp that is worried that affordable housing may impact your property values, that what is deemed “affordable” really isn’t, or a hundred other reasons… either way it impacts us all.
If the topic interests you, you may want to attend a panel being hosted tomorrow (Friday the 26th) by the Park City Board of Realtors. The title is:
“Housing in Summit County: Past, Present and Future.”
The panel members are:
- Park City Councilman, Tim Henney;
- Park City Community Development Director, Anne Laurent;
- Summit County Councilman, Tal Adair;
- Summit County Economic Development Director, Jeff Jones;
- Mountainlands Community Housing Trust Executive Director, Scott Loomis as they discuss this important issue.
Lunch will be provided by Christina Miller with Miller Law beginning at 11:45 am, and the speaker panel will start at noon. The panel will conclude at 1 pm, with a 30 minute Q & A to follow.
If you are interested, the event is being held at the Jim Santy (the library in town). You don’t need to RSVP.
If you want more information about the panel, KPCW has an interview:
http://kpcw.org/post/residents-invited-panel-discussion-about-affordable-housing
Free bus from Park City to the Summit County Fair
Last year was the first year I went to the Summit county fair, and it was a wonderful experience. If I had one issue, it was knowing exactly where to park and where the fairgrounds were. It wasn’t a huge obstacle but I could imagine others having the same issue and deciding they may not go.
If you’re in the same boat, or perhaps you just don’t want to drive to Coalville, Summit County has the answer for you. This Friday and Saturday, buses leave on the half hour from the lot behind Jupiter Bowl and will take you to the fair. Oh, and it’s free.
It really doesn’t get any better than that. We hope to see you on that bus.
in Economy
RAMP Sports appears to have jumped into the abyss
Local Park City ski, board, and long board maker RAMP Sports appears to have closed up shop. The company’s facility, that used to be near the Home Depot, now sports a “For Lease” sign.
According to a Facebook post by a sponsored skier, the company had an investor pull out. That’s too bad for a company who tried to do it differently. Their philosophy seemed summed up by this quote from their website…
“Many popular skis and snowboards are manufactured in Asia where workers are paid $200/month building products with cheap materials and no environmental constraints. At RAMP, we feel certain that consumers would rather buy products built with new technology, high-end materials, clean best practices, and are made by people who love skiing and riding.”
It makes us hopeful that Armada will survive.
If anyone has any more insight into what happened, we would love to know more.
h/t to the Friend of the Park Rag who provided this info.
in Vail
Park City is No Longer Vail’s Largest Ski Property — Vail to Buy Whistler Blackcomb
Vail is on a buying spree. Today they announced they are buying 100% of the stock of Whistler Blackcomb, North America’s largest ski resort (by acreage). It has also been named the top ski resort in north america by Ski Magazine for 3 of the last 4 years.
According to Forbes, “Specifically Vail Resorts announced it would: Support Master Development Agreements with local First Nations, as Whistler Blackcomb is in the Squamish and Lil’wat First Nations’ traditional territories; Retain local leadership, continuing to operate the resort principally with local Canadian management; Maintain local employment and retain the vast majority of current Whistler Blackcomb employees; Re-invest substantially in the resort experience, including continuing to build community and stakeholder support for the recently announced Renaissance project, a transformational investment which will diversify the local tourism economy; provide new four-season, weather-independent activities; and elevate Whistler Blackcomb’s core skiing, mountain biking and sightseeing experiences.”
It looks like Vail gained even more power in the industry than is had before (if that’s possible). Bravo to them for capturing what is consistently one of the top 3 resorts in North America.
According to the Wall Street Journal, Vail is paying $1.06 Billion USD to acquire the resort. In 2014, Vail paid $182 million for PCMR.
We’ll be looking forward to our friends from the Great North descending on us with their Epic passes in the coming years. Now may be a good time for someone to open Park City’s first Tim Hortons franchise.
Glad we got our $50 million in upgrades before there were bigger fish to fry.
h/t to the friend of the Park Rag who let us know
in Media
We miss the Park Record’s online comments
With the most recent changes to the Park Record’s website, they effectively killed their comments. They now require a facebook account to add a comment, which of course removes the possibility of anonymous comments. We think that’s a shame.
It’s true that we always felt we were wading through 90% of crud to get to the 10% of golden comments. Yet, those 10% were worth something. Now we get 0%.
We also felt there was some entertainment value in the comments. We never liked the personal insults against community members or the name calling but sometimes we were just left shaking our collective heads at how people think (much like many of you do, when you read the Park Rag, we’re sure).
So, we hope the powers that be bring the anonymous comments back to the Park Record.
In a community where many people are afraid to speak out because they fear it will harm their business, they’ll be reprimanded, they work for local government, or their position will be “dissolved,” there is a place for anonymity. Even if a large part of it is crap, providing the ability for people to reach a large audience with important information is part of what we would expect from one of our most important local news sources.
We’re afraid we are going to miss out on something important because that has been removed.
in Taxes
Don’t Raise Our Taxes! Raise the Park City Resorts’ Taxes.
You may have heard that Park City and Summit County governments are gung-ho about raising taxes related to “solving” transportation problems. We understand their passion. A few times each year, and on the occasional Saturday, traffic backs up from Sidewinder Drive to Summit Park. It must be solved… we guess.
According to the Park Record, Park City and Summit County are contemplating a sales tax for help with buses transportation. County Council member Chris Robinson said, “I think this is very good and it looks promising because it is not a big lift, it is not regressive and it is not on food and gas. I think by seizing this today it will solve our own problems.”
Usually we agree with Mr Robinson, but in this case we find a few issues. It will be more expensive to buy cars here. It will be more expensive to buy back to school clothes in Park City. It will be more expensive for residents to dine out in Park City. Ski passes will cost more here. While perhaps its not regressive in the most pure sense, it still impacts Park City’s working class (i.e. people who live and work here). These are the things that many of us “regular” residents do in Park City. It’s true that a .5% increase in sales tax won’t impact the average Parkite too much. If you spent $100,000 around Park City, it would cost you $500 extra. Most of us don’t spend that kind of money each year, but every dollar does count.
What we wonder is if there is a better way to not only raise money for transportation but also for our schools and other areas of need. What we wonder is if the resorts are paying their fair share of property taxes.
For example, take parcel PCA-S-98-PCMR-1. That represents 2400 acres in the heart of old PCMR, just west of Park City. What’s the market value of this property? $6.1 million or $2,500 per acre. Let’s compare that to 528 Park Avenue. What’s the market value of this .04 acre property? $563,000 or $14 million per acre. That means a piece of land, with a tiny house on it, is valued 5,800 times more per acre than the land used to make skiing possible at PCMR.
How can that be?
First, let’s state that it isn’t an apple to apple comparison. The land with the house obviously has improvements on the land which increase its value (i.e. the “what appears to be” 400 square foot house). The ski land has improvements too, like lifts, but it appears those are treated as personal property. So, it’s not a completely fair comparison, but the differences are so large that it made us wonder how the land used to make the ski resorts hum is valued so little in comparison.
So we reached out to Summit County Assessor Steve Martin. Mr Martin and the county’s Commercial Appraiser Jeremy Manning offered to meet to discuss the issue (that’s the great thing about Summit County government… everyone is more than willing to answer questions and help). We spent a few minutes on the phone and the answer became clear.
One of the main components of the market valuation is the type of zoning upon which this land sits. This land is zoned as OPEN SPACE. So whether the land is untouched open space … or zoned that way (and used to generate millions in revenues for ski resorts), it’s valuation ,and taxes, has a basis in how the land is zoned.
We asked Mr Manning if would be possible to zone the land in a different way, such as a “Open Space Ski Resort Zone” thus potentially providing a mechanism to value the land more appropriately. Mr Manning said that may be possible but it would make his job more difficult because there is not a lot of that type of land out there.
We’re frankly not sure the legality of changing the zoning. There could be Utah laws prohibiting that. There could be legal issues related to deed restrictions that have been placed on the open space land that force it into a type of planning zone. There could be other issues.
What we do believe is that the land that is used by ski resorts for runs and lifts should not be treated like other pieces of open space, that may not need usable for commercial purposes. $2500 per acre isn’t a lot of market value per acre for a ski resort. Maybe better said, the $21 paid each year in property taxes for each acre likely isn’t commensurate with the real value of that land to Vail.
Should that land be valued at $14 million per acre? Likely not. However, somewhere in between $2500 and a few million per acre probably makes sense. That money could then be used to help fix transportation issues (that are in part caused by visitors to our resorts), help pay for schools, and be used in a variety of ways that would benefit our community.
If possible we may get more out of that than simply adding on a sales tax that both penalizes residents and is limited to transportation.
in Dogs
I’m sorry…
It was one of those mornings.
I “walk my kids” at Gorgoza along with our nine month old puppy. Today, my 4 year old wanted me to tell him the story about how I “swam with ducks” in the Gorgoza pond. I faithfully obliged but then wasn’t paying attention to the dog. She spotted a runner and “greeted” her. Of course, not everyone likes a 60 pound dog charging at them and then violently sniffing their back-side.
I was mortified.
While I put my dog on leash and repeatedly said “I’m so sorry”, the woman, who was justifiably scared said, “I have dogs too.” However, her eyes said something different. Her eyes said, “I’m scared. What are you doing?”
I suppose if I was a different person I would say, “This is Dog City USA and you should deal with it!” to the woman we encountered, but I’m not. I was the one on a trail with my dog off leash. I was in the wrong.
I suppose I could look back to the story I was telling my son. On that June day, when he was just born, I was at Gorgoza and a dog was swimming after a mother duck and her 6 ducklings. The owner was oblivious. I tried talking to the owner to no avail. I tried yelling, to no avail. I tried throwing rocks at the dog to stop him, to no avail. So, eventually I swam out into the pod to try and stop him (and almost drowned). FYI, dogs swim faster than most humans. The mother duck eventually abandoned her ducklings and flew away. However, past deeds do not matter. The woman my dog “wanted to play with” doesn’t get or care about that event 3 years ago. My 60 pound dog bounded towards her.
So, all I’m left with is … I’m sorry. I’ll try to do better next time. I won’t always have my dog on leash, but I’ll try to pay more attention to those people coming up on the trail. I’ll try to make sure that my actions don’t impact others. I’ll do my best to come out earlier when fewer people are not on the trail.
While no one was bit or hurt, as often is the case with the traditional story you’ll read in the Park Record, I still feel terribly bad. I’m a firm believer in Supreme Court Justice Oliver Wendell Holmes’ statement, “Your right to swing your arms ends just where the other man’s nose begins.” Today, I “hit”that woman and I feel horribly about that.
I’ll try to do better.
This Summit County Fair Ad is Fabulous!
We love the Summit County Fair. From the Demolition Derby to just walking around and talking with your neighbors at the fairgrounds in Coalville, it’s a great experience. If you haven’t gone, we’d recommend trying it this year.
If you need more convincing, just look at the ad below. We love it.
in Development
How many more multi million dollar homes do we need?
We saw a story in the online magazine The Observer entitled, “Live Like It’s Always Sundance at This Chic New Park City Development.”
When we read the following line in the article, we took notice, “Those who happen to adore the locale not just for that celebrity-infested period in January might want to check out developer Columbus Pacific’s new Apex Residences Park City, a luxe mountain resort on ten acres in Canyons Village. But back to the Apex Residences, which will be comprised of 63 three- to five-bedroom homes. The residences will range in size from 2,080 square feet up to 3,800 square feet. The luxe collection of homes ranges from $1 to 3 million, with the option of overlook, plaza, or clubhouse level residences.”
Sixty three $1MM-$3MM residences? Wow.
We always knew that the Canyons were only 25%-30% built out but maybe we were so naive that we didn’t consider that the remaining 75% of the land would be filled with $2 million condos.
Of course, they have the development rights to build it. What we question is if they build it, will they come? Of course, they’ve already sold 23 of them, so maybe the answer is yes.
Perhaps the better question is, how many people are out there willing to spend $2 million on a second home in Park City? Perhaps more than we thought.With building like this, we better hope so.
Parkrag
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