Homeowners in the Sun Peak neighborhood have always thought that a certain parcel of land adjacent to their community should serve as an open space barrier, separating Canyons Resort from their residential area. However, that parcel of land is now up for sale, and the homeowners association is worried about the impact future development may have.
The parcel in question is called F6, and it's located just west of Cooper Lane and south of several homes on Sun Peak Drive at 4285 Cooper Lane North. It is listed for $2.1 million by Bill Coleman, Realtor with Prudential Utah Real Estate. The land, 4.69 acres, is entitled to 50,000 square feet of residential multi-family development.
F6 belongs to the Canyons Resort Village Management Association (RVMA). However, according to Summit County Civil Attorney Dave Thomas, the county has been holding the parcel in trust so the RVMA would not incur a tax liability. The proceeds of the sale of the property are meant to help fund construction of the Canyons Golf Course.
During the public input session of Wednesday's Summit County Council meeting in Coalville, Colin Moffitt, a board member of the Sun Peak Homeowners Association, spoke about the neighborhood's concerns about potential development on the F6 parcel.
"[F6] is a green belt that separates [Canyons] Resort from the residential area," Moffitt said, adding that the Sun Peak HOA owns an open space parcel called PP73 which it is willing to partially swap for the F6 parcel. "We're proposing a like-kind swap -- keep the density where it belongs, in the resort side. We think this is a win-win solution."
Moffitt did not say how many acres PP73 is, but said it is larger than F6. It is located just to the north of the Orange Bubble Express. F6 is already entitled to 50,000 square feet of development through the Canyons Resort Specially Planned Area Development Agreement.
PP73 would be an "ideal piece of real estate" for Canyons Resort, Moffitt said, and that ski-in/ski-out properties could be built on the land. He said Sun Peak residents are concerned about the impact development on F6 could have on the view corridor, light pollution, wildlife and traffic.
Tony Tyler, president of the Frostwood Master Owners Association, said that since the parcel is in the Frostwood area, any land swap would require approval from his association.
Canyons RVMA Executive Director Jennifer Guetschow said the RVMA decided to list the property because of the recent rebound of the real estate market.
"We felt it was a really good time to put it on the market and see how it did," Guetschow said. "The funding we would receive from that sale would go directly to the [Canyons] Golf Course construction."
Thomas said the rationale behind the county holding the property in trust for the RVMA was so no developer sold the property without using the proceeds to fund the golf course. Sun Peak resident Mike Ruzek asked the Council whether a stay could be put on the sale of F6, but the RVMA would need to sign off on such an action.
Ruzek added that traffic will be increased on Cooper Lane with the upcoming construction of a Hyatt hotel on State Road 224. Development on F6 would exacerbate traffic, he said.
Summit County Manager Bob Jasper said he will be willing to help facilitate a discussion on a possible land swap of F6 and PP37 but he wants to wait until after next Wednesday's appeal on behalf of TCFC Finance Co. regarding the denial of the Canyons ski maintenance building.
Moffitt and other Sun Peak homeowners want the process to be expedited before the property is sold.
"We really don't want to see any development on [the F6] parcel," Moffitt said. "I think it would be a good spot for part of the Millennium Trail to work through."