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Posted Apr 13, 2024, 12:43 PM
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Registered User
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Join Date: Aug 2006
Location: Downtown Los Angeles
Posts: 19,396
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Salt Lake City & MSA/CSA Rundown
One of Two of North America's Next Major Ski Resort Developments Resumes Construction
The Northern Metro's 'Wasatch Peaks Ranch Resort'
Quote:
“You just don’t find this type of location in the West very often – untouched and raw with river, trees, adjacency to National Forest and an alpine setting,” said listing broker, Ken Mirr of Mirr Ranch Group, who listed the Utah ranch with his firm’s Utah Marketing Affiliate, Chris Corroon.
Owned by the heirs of the late Dick Bass, the seven-summit pioneer, the original investor in Vail, and founder of Snowbird Ski Resort, and the Holding family, owners of Sinclair Oil Company, which owns Sun Valley Resort, nearby Snowbasin Ski Resort, the Wasatch Peaks Ranch has a continuous ridgeline of 11 miles that includes 24 peaks, 15 bowls and cirques, plus a 4,600 foot vertical rise on the ranch and adjacent National Forest. It’s only 15 minutes from Ogden, and 35 minutes from Salt Lake City and its international airport, making this ski property incredibly accessible.
The Land Report, known as the magazine of the American landowner, elaborates, “Matchless in size, terrain, and pedigree, this pristine private wilderness has long been eyed as America’s next great ski resort.” This is the fifth time The Land Report has awarded its top honors to Mirr Ranch Group.
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The new Wasatch Peaks Ranch will make two new from the ground up major ski resorts being added to Salt Lake City's Metro portfolio.
Wasatch Ranch Club skiing for '21-22. Courtesy, Mirr Ranch Group photo
OnTheSnow.com - https://www.onthesnow.com/news/a/637...ng-next-season
...As the Wasatch Ranch Club opens its ski terrain, ...as Ski Area Management (SAM) magazine is reporting, it plans to attack your wallet with gusto and all bets are off.
The Wasatch Peaks Ranch will be amongst the largest ski resorts in the nation yet have only half the number of member/residents who are part of the Yellowstone Club, the other exclusive enclave in Montana. “This is a resort being built for the 1 percent of the richest 1 percent,” Utah’s KPOA radio opined as it interviewed Ranch President Bob Weaton.
Recognize the name? Weaton was Chief Operating Officer for Deer Valley for about 20 years, leading it to regularly being chosen as the best ski resort in America by magazine and website polls. There are reportedly 10 owner/investors in the ranch from across the globe, one of those being Lessing Stern, son of Deer Valley founder Edgar Stern...
Pay dearly to play
Club membership pricing hasn’t been publicly released yet, but it will most likely top that of the Yellowstone Club which currently demands an upfront fee of $500,000 (according to latest reports), owning a condo ($4 million-plus) or a private home ($5 million-plus), along with an annual “season pass” or dues topping $30,000.
But, if you’ve got the juice, the Wasatch Ranch Club will deliver mind-boggling excitement for skiers (anglers, hikers, golfers, and whatever else attracts you to pristine wilderness) as it builds out over the next 10-15 years.
First, there’s the location. The ranch is only 35 minutes from Salt Lake City's new International Airport and, if you still need a ski fix after all that sliding, top-rated Snowbasin (where the price tag is significantly more doable) is only 10 minutes away. Ogden Airport is 15 minutes should you have your own private jet...
Heated seats and bubbles
The Resort's total playground rolls over 12,750 acres and that includes some 3,000-plus skiable acres with a 3,600 foot vertical. Leitner-Poma of America has already completed construction on the first two chairlifts — both high speed quads. Members will be pampered with high-speed quads, planned with carriers that feature heated seats and bubbles.
Before the now-resolved legal proceedings, two chairlifts were completed providing access to 1,650 acres of terrain, with a top elevation of about 9,500 feet. One lift is 8,000 feet long, so those bubbles will be welcome. Nine lifts are planned by buildout.
2023/2024 Season Updates
...Friday morning, the under-construction resort announced in a press release a resolution between it, the county and a group of Morgan County residents petitioning to reverse the Morgan County Council’s original zoning change that paved the way for development.
“Today, Wasatch Peaks Ranch, Morgan County, and the Referendum Sponsors (Robert Bohman, Whitney Croft, Shelley Paige, Brandon Peterson, David Pike, and Cindy Carter) announced that they have reached an agreement regarding the referendum case and injunction for the Wasatch Peaks Ranch zoning,” the release said.
The Wasatch Peaks plans call for development of a private residential community containing skiing, golf and other recreational amenities spread across 12,750 acres of largely undeveloped land. Last month, a 2nd District Court judge ordered a temporary restraining order that had halted work on the site.
“As part of the agreement, Wasatch Peaks Ranch has committed to a pledge to help fund projects specifically aimed at benefiting the residents of Morgan County. Additionally, Wasatch Peaks Ranch has agreed to allocate approximately 2,300 acres of land for a conservation easement. This measure ensures that this area of land will be permanently protected from future development, preserving its natural beauty and ecosystem forever. Further details regarding additional public benefits beyond the conservation easement will be provided in due course.”...
Photos By Francisco Kjolseth/The Salt Lake Tribune - Ski lifts climb the mountain above the hamlet of Peterson in Morgan County, pictured Wednesday, Dec. 13, 2023, where the exclusive community and private ski resort of Wasatch Peak Ranch has been under development.
The resort has undergone a gigantic transformation, which is still ongoing, to turn this small town area into the ultimate private community of luxury. Although none of the 750 homes have been completed, the resort does currently have three operating high-speed ski lifts, including one that reaches the top of Jacob's Ridge, according to the Salt Lake Tribune. WPR will bring 600 jobs and nearly triple Morgan County's tax base to around $3.5billion, according to a study commissioned by the resort. The resort hopes to attract the top one percent of the top one percent to come enjoy its luxury community and has already sold 94 memberships - totaling around $47million - as well as $45million in equities sales, according to SEC documents...
Photos By Francisco Kjolseth/The Salt Lake Tribune
Pictured below, Snowbasin Ski Resort. For those looking for a more affordable getaway option, Top rated Snowbasin Resort is located on a grouping of stunning peaks to the immediate north of what will be the new Wasatch Peaks Ranch Club Ski Resort
There's quite a grouping of expanding resorts now in this immediate area. I wanted to get a perspective of the location of all of them in relationship to each other. The Wasatch Peaks Ranch Resort will be lettered immediately above Snowbasin Resort on this map. Wasatch Peaks is located on the south side of I-84, while Snowbasin is to the north of I-84. Note on the map the peaks above Snowbasin that are veering to the right, that would be the new 'Wasatch Peaks Resort'.
Map highlighting the location of the new Wasatch Ranch Properties in relation to the existing Snowbasin Ski Resort. Note again, The Wasatch Peak Ranch Resort is just above the Snowbasin Resort on the map.
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Last edited by delts145; Apr 18, 2024 at 12:26 PM.
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