PARK CITY, Utah — After more than a year of community outreach and city staff meetings, commercial real estate leader PEG Companies (“PEG”) has submitted its application for the redevelopment of the surface parking lots at the base of Park City Mountain.
Proposed plans for the 10-acre site include for-sale condominiums, affordable housing, employee housing, day-skier parking garages, a hotel, retail and restaurant offerings (to complement current commercial activity), a ski club, public ski lockers for day and seasonal use, skier services, state-of-the-art wayfinding, the ability for the National Ability Center to build its new facility, current green building opportunities, and open space plazas.
Over the past year, PEG has prioritized community meetings alongside its project planning work. To date the PEG team has met with more than 100 individuals, including neighbors; business owners, from local ski shops to the hospital; community groups such as the National Ability Center; multiple HOAs; and local residents from throughout Park City.
“We have received feedback and observations that have been very helpful to us, much of which we have specifically incorporated into our proposal,” says Robert Schmidt, President of PEG Development, the development arm of PEG Companies. “We will conduct ongoing, additional community-wide public meetings to discuss our proposed redevelopment in greater detail, including how our plan has evolved based on community and City staff input, and ensure we receive community feedback throughout the public review process.”
Schmidt said the team—that in addition to PEG includes HKS, architect; Anderson Wahlen & Assoc., civil engineer; MGB+A, landscape architect; Hales Engineering, traffic engineer; Okland Construction, construction manager; Terracon Engineering, soils engineer; Panic Button Media, communications and community outreach; and CooperWynn Capital, community and government relations consultant—has worked extremely hard to make sure the project reflects the Park City community’s goals.
Several proposed details of the plan based on community feedback include:
“We have created a mix of creative residential, lodging, traffic, and parking solutions to enhance the experience for everyone who enjoys this wonderful place to live and play,” said Schmidt. “We have also included more than 70,000 square feet of affordable and employee housing in the plans, which meets the affordable housing guidelines and fulfills previous unmet obligations.”
Buildings will follow sustainability guidelines and have been designed to preserve the harmony of the current landscape as well as the mountain views. The project’s transit solutions will incentivize carpooling and public transit that are eco-friendly and address the primary local concerns about traffic and ease of access.
“This is a large and complex undertaking, and we are excited to dive in deeper with the City and the greater community to bring a redevelopment we can all be proud of to fruition,” says Schmidt.
Open house times and locations will be announced in the weeks to come. The review process by Park City Planning Commission is expected to begin in the spring.