Monday, November 09, 2009

Another Blue Sky Utah Mega Ski Resort Hits the Bankruptcy Auction Block

More circumstantial evidence that its a good thing that Emerald City citizens didn't sip the Godfrey/Peterson/Lift Ogden Kool-aide

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 block
Couldn'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.

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