Summit Inks $40 Million Deal for Powder Mountain
Summary
Since then, Bisnow and his growing Summit team have welcomed guests like Sir Richard Branson, President Bill Clinton, entrepreneur Mark Cuban, rapper Jazzy Jeff, Tom’s Shoes’ Blake Mycoskie, social media expert Gary V, Twitter’s Evan Williams, WordPress’ Matt Mullenweg, author Eric Ries and artist Peter Tunney. Membership to Summit Eden includes access to a private lodge and ten thousand acres of skiing, riding, hiking and biking in addition to a year-round program of events, speakers and concerts. They’re delivering a curated experience rich in detail and delivery, which is what people are most attracted to.” Summit’s development plan is modest in comparison to the strip malls and golf courses other developers had in mind, and includes 500 single family homes (the largest home is around 4,000 sq feet), a small mountain village with a recording studio, art galleries and bohemian retail shops, a few boutique hotels, a members-only lodge and a mountain-top activity center. “I think having land and not ruining it is the most beautiful art that anybody could ever want to own.” Andy Warhol “We’re more influenced by Silicon Valley than traditional developers or the ski industry in general, so we’d like to incorporate some of that disruptive ethos into Powder Mountain,” Walker says. “At Summit Eden, we envision a recording studio +at 9,000 feet; literary, artistic, and scientific residencies; a start-up incubator and innovation lab; and place to host micro-conferencing and peace and reconciliation talks.