Treasure talks relaunch as deep divide persists in Park City

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Developers poised to return with controversial hillside project

Jay Hamburger THE PARK RECORD

The Treasure partnership is set to restart its talks with the Park City Planning Commission on Wednesday, the first in what is expected to be a series of meetings about the development proposal that will almost certainly personify a deep divide between the partnership, panel members and the neighborhood that has persisted for more than a decade.

The developers in the spring of 2004 engaged the Planning Commission with Treasure. The project is envisioned as approximately 1 million square feet of residences, commercial space and additional space needed to operate a major lodging property. The land is on a hillside overlooking Old Town along the route of the Town Lift. The Sweeney family in the 1980s secured development rights on the Treasure acreage and nearby parcels of land in a broad agreement with the Park City leadership at the time, opting to locate the development toward the base of the hillside rather than on the hillside itself. The acreage is now held by an equal partnership of the Sweeney family and a firm called Park City II, LLC. The Sweeney family, the traditional owner of the land, has largely represented the project publicly.

Over the course of the 12 years since the spring of 2004, the talks have started and stopped several times as the project was redesigned or as Park City leaders unsuccessfully attempted to reach a conservation deal involving the acreage.

For the rest of this article please click on this link below:

http://www.parkrecord.com/park_city-news/ci_29988645/treasure-talks-relaunch-deep-divide-persists-park-city

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