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Saddleback

VTKilarney

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Apparently the Australian authorities are more effective than the Vermont and United States authorities.
 

AdironRider

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It is starting to feel like owning a ski area and owning a lamborghini attract similar people. Fraudulent and new money and almost always the first to get repo'd.

Out here, it is going to be pretty hilarious when that social media influencer group that bought pow mow goes belly up. Their plan is like what most ski developers (already ambitious) would come up with while high.
 

thetrailboss

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Out here, it is going to be pretty hilarious when that social media influencer group that bought pow mow goes belly up. Their plan is like what most ski developers (already ambitious) would come up with while high.

+ 1. I am surprised they have lasted as long as they have. For those that don't know....this is who they are.....



They have get togethers for rich kids and do a lot of talking and whatever.

Their vision: https://www.curbed.com/2014/6/3/10092244/powder-mountain-owners-want-to-expand-resort-change-world

Here is a story of their purchase. Click on the video to watch what they say they are....and you pretty quickly see that it really is a bunch of rich people getting together, doing things like tagging sharks and listening to people talk...and talk...with some yoga, lots of partying, and maybe giving money to charity. And Pow Mow is their new HQ.

https://www.curbed.com/2012/12/4/10299658/utahs-powder-mountain-sells-for-40-million

Another glitzy video of their utopia....



And why am I so skeptical? Watch this video and you will get why I think this is a bunch of BS...fast-forward to about :50 and listen to a woman brag about how she built a "nest" out of "100% natural materials". WTF? :blink:



It is this kind of ridiculous crap that drives me nuts.

Despite the claim in the video that they are "preserving" the mountain, they are not. They are making it their own party paradise and the locals are pretty rip shit. From their loud parties every night of the week in the small, LDS community of Eden, to their recent attempt to suck up a lot of the local water, they are not making friends or influencing people.

Sorry, I just hate to see the mountain ruined.
 

thetrailboss

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Between that video with the nest and some article I just read about them and their "charitable works", OMFG... Read this article if you want to have a good laugh.

https://www.theguardian.com/technol...ski-resort-summit-elite-club-rich-millennials

That is too damn funny.....

Summit is quick to say that it raised $500,000 to help the Nature Conservancy to protect marine life, but that was partly an effort to compensate for the damage caused by their Caribbean cruises. Now that their flagship conferences are being held in LA, Rosenthal tells me the company provides “50,000 meals to the unfed” in the city. (When I look into this claim, I discover the donation actually involved 30,000 meals for families displaced by California wildfires – and they were paid for by the LA Chargers football team, not Summit.)

And:

When I hitch a ride in Chawla’s SUV, he tells me how he came to invest in Powder Mountain. He had just been on a disappointing trip to Verbier, a resort in the Swiss Alps where the food was “not that progressive”. Utah, he says, made for a refreshing change. “I bumped into 30 of my friends. I didn’t have to do anything. The food was amazing,” he says. “There was a moment when they served coconut water.” Coconut water was the very thing he’d been craving in Switzerland. At that moment, he thought to himself, “These guys just get me.” He adds: “I thought, you know what, I’d love to support this project.”

And....

Bisnow says he behaves the same way with servers in restaurants. “[When] you start to engage with these people you realise the humanity in everyone and how unbelievable they are.” Then he explains how he always sits in the front seat of Uber taxis, talking to dozens of drivers a week, hearing “the most remarkable stories”. He ends up hanging out “with a significant number” of his drivers. I ask how many Uber drivers he’s invited to Summit. He doesn’t say, but instead tells me an anecdote about a chef he invited to Summit after meeting him “at this dilapidated castle in England”.
 

BenedictGomez

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That Guardian article was an amazing read, if it was a book I couldn't put it down.

Articles like that could be a huge threat to their business (not that they'd call it that) model, because when your only currency is self-righteousness, and your revenue comes from well-known elites, you're pretty much doomed when someone effectively proves you to be a total fraud and association with you hence becomes a reputational threat. They'd become toxic & the "money-train" would grind to a halt.
 

BenedictGomez

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Bisnow says he behaves the same way with servers in restaurants. “[When] you start to engage with these people you realise the humanity in everyone and how unbelievable they are.” Then he explains how he always sits in the front seat of Uber taxis, talking to dozens of drivers a week, hearing “the most remarkable stories”. He ends up hanging out “with a significant number” of his drivers.

These people.

That was my favorite part of the entire article. The great pride he took for actually having a conversation with someone who isn't filthy rich.

I just spent 5 minutes playing around with Redfin & it doesn't look like they're selling any homes. They're offering "new construction" at $1.5M, but it doesnt appear they're actually built according to GOOG maps. Just a lot of freshly dug up roads & space where lots could/would be. Makes one wonder how long this charade is going to last.
 

mbedle

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These people.

That was my favorite part of the entire article. The great pride he took for actually having a conversation with someone who isn't filthy rich.

I just spent 5 minutes playing around with Redfin & it doesn't look like they're selling any homes. They're offering "new construction" at $1.5M, but it doesnt appear they're actually built according to GOOG maps. Just a lot of freshly dug up roads & space where lots could/would be. Makes one wonder how long this charade is going to last.

There is a lot more going on at the mountain. Check out this website and try not laugh reading the opening page... http://living.powdermountain.com
 

JamaicaMan

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Tower would spend $25m plus another $75-100m in 3 yrs on Saddleback? The Berrys reportedly spent $40m at SB and can’t get anywhere close to a return on that investment. Reality check?? smh


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JamaicaMan

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The Pow Mow “community” is so not Pow Mow it’s truly laughable


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crank

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Mar 3, 2005
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We love Pow Mow and were considering buying a condo in nearby Eden, UT... until the Summit Group bought it. Hope they just go away.
 
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