The opposition to the Treasure proposal has repeatedly called for City Hall and the developer to reach a conservation agreement that would eliminate the prospects of a project of any size on the high-profile hillside.
Park City officials on Wednesday did just that as they finalized a rapid round of negotiations resulting in a deal to acquire the Treasure land for $64 million. The agreement hinges on Park City voters in November approving a ballot measure that will be set at approximately $50 million, with the remaining sum expected to be raised from the City Hall budget.
The opposition quickly cheered the agreement as something that will benefit the entire community. The opposition has long argued that the impacts of Treasure if it is developed would stretch through Park City with traffic backups, years of construction and what project critics say would be a blight on a hillside overlooking Old Town along the route of the Town Lift.
“It’s been our dream, our vision, our hope,” said Brian Van Hecke, an Empire Avenue resident who was one of the founders of a Treasure opposition group called the Treasure Hill Impact Neighborhood Coalition.
Van Hecke expressed gratitude toward the Treasure partnership, consisting of the Sweeney family and a firm called Park City II, LLC, for its willingness to negotiate an agreement with City Hall. He also praised the efforts of a roster of Park City officials, including Mayor Andy Beerman and former Mayor Jack Thomas.
Van Hecke said a conservation deal for Treasure would trump City Hall’s acquisition of Bonanza Flat as the most critical land purchase in Park City’s renowned open space program. The Treasure land is centrally located while Bonanza Flat is remote, he argued.
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