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Former Superfund Site To Become Resort

PARK CITY, UT-Redevelopment plans for a 16-acre piece of the former Daly West Mine site here call for a five-star hotel operated by DV Luxury Resorts.

By Brian K. Miller | Updated on April 18, 2007

PARK CITY, UT-A 16-acre piece of a former mining property here is slated for a luxury spa and resort. The developer, DV Luxury Resorts, has leased the site long-term from property owner United Park City Mines.

The development, which has received approval, is being called Montage Resort and Spa.Construction on the resort’s 178 hotel rooms and 94 resort residences is scheduled to begin this summer. DV Luxury Resorts expects the property to qualify for a Silver rating from the US Green Building Council’s Leadership in Energy and Environmental Design program. Completion is expected in 2010.

The law firm Chapman and Cutler LLC advised United Park City Mines in the transaction and in its clean-up and conversion efforts. Law firm partner Kevin Murray says the transformation of the Daly West Mine could be a working model for successful redevelopment of other troubled real estate assets throughout the western US, including some 14,000 abandoned mining sites in Utah, Colorado, Wyoming, Idaho, Montana, the Dakotas and Alaska. “There’s gold in them thar hills after all and it’s called sustainable development for recreation and tourism,” Murray says.

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