Hot Off the Press - Collections Summer Edition

By Bill Ligety
Jun 26, 2019

Take a peek at elevated Utah perspectives as well as current properties offered by our brokerage in the newest edition of Collections. Here in Park City, people say they come for the winter, but stay for the summer. Thanks to the multiple talents of our in-house advertising agency, we are forging ahead to create a tradition of the extraordinary. Click here to view the digital magazine.

Talisker Corporation moves to evict PCMR in a matter of days

By Bill Ligety
Aug 29, 2013

A firm under the Talisker Corporation umbrella on Wednesday served Park City Mountain Resort with a notice to leave the premises, giving the resort five days, until Monday, to move off most of the land where PCMR operates. In two documents delivered to the PCMR side, an entity called Talisker Land Holdings, LLC outlines the move toward an eviction, calling PCMR a tenant and that the tenancy is being terminated.The documents are addressed to John Cumming, who is the chairman and CEO of firm tied to PCMR called Greater Park City Company, PCMR lead attorney Alan Sullivan and Matt Ireland, who is the president of another firm tied to PCMR called Greater Properties, Inc.

 

Just Announced! Vail Resorts to Operate Park City's Canyons Resort

By Bill Ligety
May 29, 2013

For May 29th Press Release click here.

Conference Call Vail Resorts will host a conference call at 2 p.m. Eastern Time on Wednesday, May 29, 2013, in which Vail Resorts executives will discuss the Canyons transaction.

The call will be broadcast over the Internet at www.vailresorts.com. To listen to the call, go to the website and select the Investor Relations section. Those wishing to participate via telephone should dial (877) 941-0844 to be connected. Participants outside of North America should dial (480) 629-9835.

In addition, a replay of the call will be available two hours following the conclusion of the conference call through June 12, 2013, at midnight. To access the replay, dial (800) 406-7325 (domestic) or (303) 590-3030 (international), pass code 4618918. The call also will be archived at www.vailresorts.com.

Park City Named One Of America's Best Ski Towns!

By Bill Ligety
Jan 04, 2013

For the second time in less than a week, Utah is receiving national raves as a ski destination. Travel + Leisure magazine has included Park City among  11 spots in a piece titled "America's Best Ski Towns". Last week the travel website TripAdvisor ranked Salt Lake City No. 4 in its Top 10 "Best Value Ski Destinations".  It noted that Utah's capital city boasts seven major ski resorts within 45 minutes of downtown.

Read Park City highlights here

Entire Travel + Leisure Article

PCMR and Talisker Lawsuit Update

By Bill Ligety
Nov 26, 2012

According to an article in The Park Record by Jay Hamburger on November 23, 2012 , the Judge in the Park City Mountain Resort lease dispute against Talisker Land Holdings, LLC and United Park Mines dismissed key points in PCMR's lawsuit against its landlord. PCMR leases from Talisker Land Holdings, LLC approximately 3,700 acres to operate the resort. Talisker operates the neigboring Canyons Resort.

Third District Court Judge Ryan Harris cited the current situation unfortunate. "The Court is aware of, and mindful of, the importance of  PCMR and The Canyons to Summit County's economic, cultural and recreational well-being" Harris wrote in his ruling. "The Court is, like many citizens of Summit County and the State of Utah, hopeful that these parties can resolve their differences and keep both resorts operating in an economically beneficial manner..."

For the entire article please click here:

 

 

Park City Mountain Resort Files Lawsuit To Protect Resort

By Bill Ligety
Mar 10, 2012

Park City Mountain Resort filed on Friday a lawsuit against Talisker Land Holdings, LLC. The suit seeks to resolve a dispute that threatens the future of one of the top resorts in North America and a major economic engine in Utah. Talisker, a Canadian based company in the last decade took ownership of vast land holdings in the Park City area that were once under the control of United Park City Mines. PCMR operates on some of that land. In a prepared statement released on Friday, PCMR indicated Talisker Land Holdings, LLC on December 27th, told the resort that its right to use the land had expired.  According to Jenni Smith, PCMR President and General Manager; " If we do not prevail...Park City Mountain Resort could be forced to close."

If you are interested in learning more about the lawsuit and supporting PCMR, please go to the following link:

http://www.supportpcmr.com

Updates:

The Park Record received the response below from Talisker after press time:

"PCMR's lease of Talisker's land expired in 2011. Talisker has offered PCMR new lease terms, and the parties have been in discussions regarding such new lease terms, which are subject to an agreement of confidentiality.

We had hoped to reach terms on the new lease that would be fair to both parties. Unfortunately it appears that PCMR is attempting to use litigation to better its position, and avoid reaching a mutually fair outcome.

At no time in these negotiations has Talisker contemplated or threatened to close Park City Mountain. We believed the negotiations were continuing and we are disappointed by PCMR's action today."

To read an article about the lawsuit in The Salt Lake Tribune by Roxana Orellana that was published Mar 10 2012 07:38 pm • Last Updated Mar 10 2012 11:54 pm, please visit the following link:

http://www.sltrib.com/sltrib/news/53686577-78/resort-park-lawsuit-mountain.html.csp

 
 
Existing user sign in: 
Forgot Password?