Park City, Utah
“Founded by prospectors in the late 1860s, silver was mined here until the early 1970s. The mining company, Park City Consolidated Mines, entered into the ski business in 1963, when they built the first lifts on what was then called Treasure Mountain.
Park City is now home to two world-class ski resorts, Deer Valley and Park City Mountain, and draws visitors from across the globe year-round. Home to roughly 8,500 full-time residents, Park City hosts a wide range of annual events, is a playground for outdoor enthusiasts, and offers a multitude of cultural experiences ranging from live music to local restaurants.”
There is not currently available data for Short Term Rentals in the historic district in Park City
There are approximately 6 hotels or bed and breakfasts (*https://historicparkcityutah.com/stay#cat-hotel) in Historic Park City.
There are approximately 60 restaurants (*https://historicparkcityutah.com/eat-drink) servicing historic Park City
Population 8,396 Total Population in Park City, Utah (Census)
Children 17.6% +/- 2.3% Under 18 years old in Park City, Utah (Census)
Housing $1,495 +/- $165 Median Gross Rent in Park City, Utah (Census)
Housing Units 8,127 Total Housing Units in Park City, Utah (Census)
Comparable Business Districts
Study of other successful small town historic business districts around the country can help us understand how to better adapt to address the challenges our community faces as well as to better achieve our goals. The following comparable business districts have similar geographical limitations and each share distinct similarities with Jim Thorpe. But they differ in that each has developed tourism in a way that it has become a primary driver of employment for the area.
These town’s all provide a high quality of life for their residents and each has recently been rated as one of the 50 best small mountain towns in America. All have developed either or a combination of satellite parking and trolly service to accommodate the volume of business to the area, have similar sized historic business districts, and some even have developed gondolas to transport people in and out of town.