Powder Mountain has been sold to a group of young entrepreneurs who successfully raised $40 million to purchase the resort. The group plans to use the resort and it’s 10,000 acres as a home for all future conferences and meetings.

Their website, summit.co, states that “Summit Eden, the permanent home of Summit, is a residential community designed with the vision of creating an epicenter of innovation in the heart of the Wasatch Mountains. Tucked on the southern side of Powder Mountain, in the town of Eden, Utah, it’s a new kind of neighborhood, where friends, family, and the leaders of today and tomorrow gather in an environment created to catalyze personal and collective growth.” The website goes on to say, ”On the southern side of Powder Mountain, Summit will establish a sustainably designed residential community, called Summit Eden, which will become home base for the organization, the community, and its distinctive leadership and cultural events,”

“Instead of overpowering nature, we’re looking at how we can preserve an environment of open spaces, uncompromising vistas and year-round adventure. Our goal is to create a place that has a positive impact not just on the residents of Summit Eden and Ogden Valley, but the state of Utah and the world,” Bisnow said.

 

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38 Comments

  1. Jerry says:

    ummmm shit.. well thats the end of powmow. godammit

    Reply
  2. pownowkow says:

    It’s like a cult for rich people.

    Reply
    • Squallykook says:

      just like Martis Camp on the backside of northstar.
      “sustainably designed”, that statement right there should scare you.

      Reply
  3. Jaded as fuck says:

    Buncha hippy freak do-gooders. But compared to the Intrawest mega resort alternative, I’ll take it

    Reply
  4. Yobrobra says:

    Kinda sounds like Scientology meets Jonestown, but nice sweater cows at 1:32

    Reply
  5. kmc says:

    Ahh, that’s nice. More sprawl will be good for that valley.

    Reply
  6. Tahoeman says:

    Wow, these people are way more productive than I am. Good for them, private powder days for the innovators!

    Reply
  7. Sean says:

    Seems like Walter Paepke and the Aspen Idea 2.0

    Reply
  8. Kevin says:

    Oh man! These gapes aren’t gonna be ripping the shit out of anything there. How do I get a ticket? I wanna show these yuppies how to send cliffs and rip pow fields.

    Reply
  9. zskibum says:

    It’s interesting because the previous owners couldn’t get a building permit to expand their lodging and what not. I don’t know how they plan to build a “neighborhood, where friends, family, and the leaders of today and tomorrow gather in an environment created to catalyze personal and collective growth” when Weber and Cache counties haven’t issued a building permit in the last 20 years for Powder Mountain.

    Reply
    • guy says:

      Yeah but they’re going to “preserve the beautiful view corridors” so the county has to understand that they are “creating the most incredible place in the world.” Damn that’s some really persuasive developer lingo. I’m almost convinced it won’t be a monster development to make the someone millions of dollars. If it’s lead by a mormon don’t worry they’ll get they’re building permits.

      Reply
  10. brigham hung says:

    sounds like some LDS dropped some LSD.

    Reply
  11. brigham hung says:

    looks like some LDS dropped some LSD

    Reply
  12. sizzle says:

    Well, the “Which Startup Has the Coolest Office” contest has officially ended.

    That organization reeks of smugness. RIP Powder Mountain.

    Reply
  13. brian says:

    “Powder Mountain: Hey, At Least It’s Not KSL”

    Reply
  14. Confused says:

    Greg has an odd head…

    Reply
  15. Anonymous says:

    DONT DRINK THE PUNCH!!!!

    Reply
  16. curmudgeon says:

    Interesting. Looks like the trust funders grew up and decided nomadic party skiing wasn’t exactly a long term lifestyle.

    Reply
  17. Between this announcement and the Talisker/Ski Link controversy, the Utah ski industry has had it’s share of news lately. I wonder what will be next?

    Reply
  18. Keith says:

    wow! will clothes be optional?

    Reply
  19. FLAKA says:

    DONT DRINK THE PUNCH

    Reply
  20. there goes the neighborhood says:

    Love how they have Snowbasin featured in the background of their douchy little promo vid

    Reply
  21. Wow says:

    It’s like a fucking J. Crew/Lululemon/American Eagle commerical…

    Reply
  22. Wadsworth Shuttlecock says:

    Strawberries for everyone!

    Reply
  23. Bugbeat says:

    Surprized KSL didn’t buy it

    Reply
  24. Garry S. says:

    WTF? Both of those videos were like pieces from The Onion…

    Reply
  25. Crispi says:

    Worse than Park City! Ashton Kutcher and friends are going to turn it into the next Yellowstone Club.

    Reply
  26. JBBB says:

    I am from Cache Valley, and this really pisses me off. These people are not who they say they are. They are a bunch of rich tweeny douche bags from globalist families. What they want with Powder Mountain, I have no idea. KSL would honestly be a slight improvement.

    Reply
  27. Cheep Bastard says:

    Metro Sexual Mountain – owned by Douchie McDouche LLC

    Reply
  28. Elias says:

    Drink the punch! You are not going to live forever. Every ski area gets consumed by a larger entity. Perhaps you guys could be happy that this is a group of young entrepreneurs and not the next hostile takeover. If you can’t round up $40M, you can put a rope tow out back and be the master of your own resort.

    Reply
  29. poop says:

    powder will never be seccessful untill they put a gondola from eden to the base so you dont have to go up that shit road. A chair to the top of james peak would be nice too.

    Reply
  30. Michael Scott says:

    Mitt Romney needs to find some way to occupy his time.

    Reply
  31. 4 Evergreen says:

    No one else thought the 100% natural nest part was funny. Has no one else built a platform in a tree out of wood? Sure you thatched limbs, but resort skiers able to climb trees is news to me.

    Reply

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