May 8, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Summit Purchases Powder Mountain

Press Release

May 8, 2013

Eden — Summit, producer of the leadership conference Summit Series, has purchased Powder Mountain, the largest ski resort in the United States by skiable acreage. “We couldn’t think of a better home for the Summit organization and community than Powder Mountain,” said Elliott Bisnow, founder and CEO of Summit.

At more than 7,000 acres, Powder Mountain is the largest ski mountain in the United States.

The purchase marks a rapid rise for the organization, now in its fifth year. Started in 2008 as a conference series in Alta, Utah for 19 entrepreneurs and non-profit leaders, Summit Series has grown into a community of thousands of multi-disciplinary leaders in the fields of business, non-profits, academia and the arts.

Summit Series’ events have helped to raise tens of millions of dollars for business, social and philanthropic ventures. At 2011’s Summit at Sea, the event generated a partnership with The Nature Conservancy and Bamboo Sushi to raise nearly $1 million to create a 71-square-mile marine reserve in the Bahamas island chain that hosted the event.

“Powder Mountain will continue to welcome ski guests like family, as Summit is committed to maintaining the beloved character of this resort,” said Bisnow.

On the southeast side of the mountain, Summit plans to create a sustainable residential community called Summit Eden, which will become the home base for the organization and its events.

Powder Mountain has been targeted for large-scale development for years. Some groups had plans for up to 10,000 homes, multiple golf courses and more than a dozen new chairlifts. In contrast, Summit Eden will focus on 500 home sites and a small residential village of similar scale, featuring modest homes with eco-friendly and sustainable design. In addition, small cabins will be available as rotating residences for artists, musicians, nonprofit leaders and start-up entrepreneurs. Adjacent to Summit Eden, the group envisions boutique lodging options and retreat facilities over the long term.

“I couldn’t have found a better group to partner with to help preserve Powder Mountain and the surrounding area from overdevelopment,” said Greg Mauro, chairman of Summit Mountain Group and a Powder Mountain skier who first partnered with Summit after attending one of the its signature events.

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Community Events View All
St. George Book Festival - Authorpalooza Festival Kick-Off
Oct 20, 2014
St. George Book Festival - Authorpalooza Festival Kick-Off
St. George Book Festival - Learn, Discover and Journey through the World of Books!
Oct 20, 2014
October 20-25, 2014 Welcome to the St. George Book Festival. This annual FREE festival is the ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel