Smellytele
Well-known member
1/2 of it is lame but the middle buttress area and the ridge all the way skiers left is great. Probably better since the lift adds and upgrades.
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So Who is Behind Powder Mountain?
- Thread starter thetrailboss
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Former Sunday Rivah Rat
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In line for the 1st chair at Snowbasin the guy next to me told me that Powder mountain had shut down for the day for windhold and avy work on the road. There was not much wind at Snowbasin so we thought it pretty lame that Powder would close the day after getting over a foot of snow on the 1st Sunday of pass holder only weekends in February. He called him Greid Hoffman 
His thinking was they can't sell $211 day tickets so why open for just the passholders?
His thinking was they can't sell $211 day tickets so why open for just the passholders?
The road to PowMow is a bitch. But that seems weird to close completely.In line for the 1st chair at Snowbasin the guy next to me told me that Powder mountain had shut down for the day for windhold and avy work on the road. There was not much wind at Snowbasin so we thought it pretty lame that Powder would close the day after getting over a foot of snow on the 1st Sunday of pass holder only weekends in February. He called him Greid Hoffman
Reed Hastings’ Powder Mountain wants Cache County to rezone 1,600 acres of forest. Here’s why.
Powder Mountain has asked the Cache County Council to reclassify 1,600 acres from a more conservative zoning district to one that allows for dense development.
urungus
Well-known member
Reed Hastings’ Powder Mountain wants Cache County to rezone 1,600 acres of forest. Here’s why.
Powder Mountain has asked the Cache County Council to reclassify 1,600 acres from a more conservative zoning district to one that allows for dense development.www.sltrib.com
Quoting from the article:
In that zone, development is basically limited to seasonal cabins ... because most of the homes are expected to be second homes, they would qualify as “seasonal cabins.”
I’m sure that was the intent of the original writers of the zoning law
That line made me laugh.
Inside the New Private Mountain Clubs Where Billionaires Ski
The next frontier of exclusive, members-only club culture? Ski mountains.
Not skiing related, but Reed Hastings related
www.wmtw.com
Bowdoin College gets largest gift ever, will look at impacts and use of AI
The co-founder of Netflix, who is also a Bowdoin alum, is giving $50 million to the Maine school.
www.wmtw.com
Bump.
Another instance in which EB-5 investors and ski areas do not mix well. These investors were brought in by the previous regime to finance a hotel project. They now are suing Reid Hastings. I am a bit surprised as to the fact that Reid took on this liability. I would have told the Summit Bros that this was their problem and not included this in the purchase.
www.sltrib.com
And if that article is behind a paywall.....
Another instance in which EB-5 investors and ski areas do not mix well. These investors were brought in by the previous regime to finance a hotel project. They now are suing Reid Hastings. I am a bit surprised as to the fact that Reid took on this liability. I would have told the Summit Bros that this was their problem and not included this in the purchase.
They loaned a ‘modest amount’ to Utah ski resort to get green cards. Now they say Reed Hastings owes them $76M.
A group of mostly Chinese nationals who invested in Utah's Powder Mountain ski area as a means of obtaining a green card is suing Netflix founder Reed Hastings and the resort's other owners for $75.9 million.
And if that article is behind a paywall.....
Netflix founder saddled with $76M in EB-5 debt at North America’s biggest ski resort: lawsuit
Netflix Founder Reed Hastings may need to dig himself out of a $75.9 million crevasse at North America’s biggest ski resort.
therealdeal.com
A free version of the article:
Netflix Cofounder Reed Hastings’s Private Ski Resort Has 34 Homes for Sale
Powder Haven sold out 39 homesites in months—now 34 new custom lots and ski-in, ski-out chalets are coming to its 12,000-acre private skiing enclave.
robbreport.com
raisingarizona
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A lot of the coldest and/or most reliable conditions ski areas are slowly becoming privatized. I was working up at big Sky this past summer and you can see how it’s moving closer and closer to a full on private model. Even if it’s not completely private the public part of the ski area has become so expensive that most regular working class people have been priced out of skiing there.
This is unfortunately the future of the ski business industry if the climate science is correct. If quality product becomes scarce the demand and value increases leaving only enough for the minority that can afford it.
This is unfortunately the future of the ski business industry if the climate science is correct. If quality product becomes scarce the demand and value increases leaving only enough for the minority that can afford it.
Smellytele
Well-known member
The part of that area that is private is Yellowstone. Big sky its self is still huge.
raisingarizona
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Could you buy a house there and pay the mortgage with the job you find there?
Ya, that’s what I figured. Jackson is the same way. The privatization of the greater Yellowstone area continues.
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LonghornSkier
Active member
I got a job offer in Bozeman earlier this year paying $230k for a corporate finance role. Though that won't buy you a mansion in Bozeman, you can find something OK if you look around (especially with a spouse also bringing income to the table).
The industries that pay well anywhere know that they can't lowball candidates in these resort markets anymore due to housing prices. There's not a huge "lifestyle discount" anymore - that job may have paid $250-270k in NY. Didn't end up accepting it, but just a data point.
The industries that pay well anywhere know that they can't lowball candidates in these resort markets anymore due to housing prices. There's not a huge "lifestyle discount" anymore - that job may have paid $250-270k in NY. Didn't end up accepting it, but just a data point.
urungus
Well-known member
Good for you, but regular working class people such as lift attendants do not have a family income of $300k+, that is around 95th percentile
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raisingarizona
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The median household income in Bozeman is around 85k for a more realistic data point. If you’re trying to raise a family there on that or even twice as much then spending time skiing at big sky probably isn’t going to be on top of your priority list.
You probably should have taken that job.
BenedictGomez
Well-known member
No, it isn't.
You keep saying this, which makes it obvious you don't really know what the actual "climate science" you mention, actually says.
It's weird actually, almost like you fetish on the worst draconian outcome even though the science doesn't suggest this. FWIW, they've been generally "wrong" to the downside for decades now as most predictions have not been as bad as they said, but forgetting that point entirely, let's suggest "the climate science is correct" as you postulate, well, then it mean North American degrees Fahrenheit is about 4 degrees or so warmer 75 to 100 years from now, we will still have snow skiing literally every single place in North America where is currently exists.