By Curmudgeon
The Salt Lake Tribune has a story up about a much touted mega ski resort development in Utah, Elk Meadows, once touted as a can't fail exclusive up-market resort with an estimated value of $3.5 billion. Now on the auction block with a suggested value of $5.15 million:
• Elk Meadows ski resort on auction blockCouldn't help wondering as I read it whether if the Ogden City Council and voters had drunk the Mtwo-gondola-Malan's Basin-ski-resort-Mt.-Ogden-Park-Condo-Development Kool-Aid the Mayor and Lift Ogden and the Ogden/Weber Chamber of Commerce leaders had urged them to drink six years ago, we'd now be reading stories about "Malan's Basin Resort On Bankruptcy Auction Block" and "Half Finished Condos On Ogden Benches Depress Home Values."
Worth a moment's thought at least. Or maybe two.