The developer of the Mayflower Mountain Resort says he could have skiers on the slopes in less than two years. It remains to be seen whether these trails access the Deer Valley Resort.
Extell Utah, the developer of the Mayflower Mountain Resort, hopes to start bringing skiers to the back of Deer Valley for the 2023/24 winter season.
The Mayflower is next to Deer Valley on the west side of the Jordanelle Reservoir.
Extell vice president of development Brooke Hontz said the plan is to start construction of a chairlift next spring.
“The intention is that this would be a nice, state-of-the-art elevator that would take you directly from the ski beach base between the existing Mayflower elevator in Deer Valley and the Sultan base, you so would have the option to ski up to one of these or back down to Mayflower Ski Beach, ”Hontz said.
Extell’s senior vice president of development Kurt Krieg said there had been progress towards a deal.
“The question that keeps coming back to us is: ‘What about the future of the ski and the operator?’ And we’ve been working with our operators at Alterra – Rusty Gregory, chief operator, and a new gentleman named Jared Smith, who is the president, Todd Shallan and Jeremy here locally have all been good, and I think we’re doing well. progress, so I think in a few months, if we can figure all this out, then hopefully we have a positive announcement on the future of skiing, ”Krieg said.
Emily Summers, senior director of communications at Deer Valley, told KPCW there is no deadline for making a decision.
Even though it is right next to Deer Valley, Mayflower will be its own standalone resort.
The Mayflower is one of the biggest developments going on in Utah right now. The plans include nearly 1,600 residential units, 825 hotel rooms and 250,000 square feet of retail and conference space.
When completed, the complex will be a full-service military complex open year round. Some rooms at the new hotel will be reserved exclusively for serving and retired military personnel, with tiered pricing that will be accessible to all levels of military personnel.
Extell has partnered with MIDA, the Military Installation Development Authority, which is a state agency overseeing military land development in Utah.
MIDA’s board of directors has approved up to $ 260 million in bonds that will be repaid over 30 years. It will be paid for through a tax increase program developed with Wasatch County.
Krieg says part of the $ 260 million will go to fund infrastructure and three hotels. Up to four more hotels could be built in the area later.
In addition to the military hotel and conference center, construction is taking place in the Pioche apartments near the Jordanelle gondola with 402 apartments at market price. Another 115 residential units on the Pioche Village plot were sold to a separate developer.
According to a press release from Extell Utah, in the first five years, the planned capital investment in the project will be more than $ 3.2 billion. Eighty-five percent of the funding comes from private sources through Extell Utah and other developers.