PEG Companies

KPCW Radio

Vail Resorts announced last week the sale of the parking lots at the base of Park City Mountain Resort to Utah County-based developer PEG Companies. Development at the base of the resort has been on the table for more than 20 years.

KPCW

The development of the surface parking lots at the base of Park City Mountain Resort has been approved for years. With the sale of those 10 acres by Vail Resorts to a Provo company  this week– the development is imminent. KPCW’s Leslie Thatcher has more.

An announcement was made Thursday morning that Vail Resorts had entered into an agreement with PEG Companies, a Utah-based commercial real estate development and investment group, to sell and develop the parcels that have been used as free parking.