Alterra Mountain Company plans to expand Deer Valley Resort, adding 3,700 acres to the ski-only destination in the Wasatch Mountains in Park City, UT, with a new village and portal to include lodging, dining and retail in partnership with Extell Development Company.
The expansion will more than double Deer Valley’s skiable terrain, adding 16 lifts and a 10-passenger gondola, supported by a new snowmaking system precisely groomed to adhere to Deer Valley’s standards.
The addition will take the next three seasons to complete, with a significant portion of the new lifts and trails set to open in the 2025/26 winter season. When finished, Deer Valley will have 5,726 acres of ski-only terrain spread across ten mountains.
The Deer Valley investment is in addition to the $500 million capital improvement program announced by Alterra earlier this year across its portfolio of 17 destinations.
“Alterra Mountain Company is committed to investing in large-scale projects that will deliver differentiated experiences in incredible places, and this project is exactly that,” said Jared Smith, president and CEO of Alterra Mountain Company. “Deer Valley has long been a world-renowned resort, and this project will offer guests more of what it has always been known for—legendary service, an exceptional ski-only experience and industry-leading culinary offerings.”
Upon completion, the ski resort and village entrance will be from a new exit via U.S. Route 40, creating eastern access for convenience to the resort from nearly every direction.
In partnership with real estate developer Extell, the village and portal will feature over 1,200 additional parking spaces and a new skier services facility with a ski school, equipment rentals, retail, food, and beverage.
In addition to the ski-specific amenities, the new village will have over 800 hotel rooms across multiple properties, nearly 1,700 residential units, 250,000 square feet of retail and commercial space, and 68,000 square feet for a recreation center. The development is expected to create approximately 2,000 new jobs.
“Deer Valley Resort is committed to building upon our legacy as one of the world’s most exceptional ski areas while staying true to our founding principles created over four decades ago,” said Todd Bennett, president and COO of Deer Valley Resort. “This expansion will facilitate even better access to the resort for our guests, while offering a substantial increase in world-class amenities consistent with the resort’s original vision.”
To view the Deer Valley terrain proposed expansion and new base area map, go here.
Photo/map courtesy Deer Valley Resort
