Powder Mountain Announces Development Partnership with Meriwether Companies
Eden, UT, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Following a $100 million investment by new majority owner Reed Hastings, Powder Mountain has chosen leading resort developer, Meriwether Companies , to deliver on a new vision for the Utah mountain resort.
- Eden, UT, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Following a $100 million investment by new majority owner Reed Hastings, Powder Mountain has chosen leading resort developer, Meriwether Companies , to deliver on a new vision for the Utah mountain resort.
- The 10-year development partnership will see Meriwether take Powder Mountain into its next phase, one that stays true to the untracked and uncrowded experience that sets Powder apart from other resorts in the mountain west while building out the infrastructure and amenities befitting a modern world-class destination.
- Powder and Meriwether also announced that the remaining lots in the Overlook development have been removed from the market pending the future rollout of a new master plan for the resort.
- “In Meriwether we have the ideal partner to deliver the next iteration of Powder Mountain,” said Hastings.