From Deseret News archives:
Hills mined for resorts
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Deer Valley: Deer Valley officially opened in 1981, but its history actually goes back into the 1940s. Bob Burns and Otto Carpenter opened Snow Park with a single "T-bar" on Deer Valley land, then added a chairlift back in 1949. The vision of Deer Valley belongs to Edgar Stern, who at one time was an owner in Park City Mountain Resort. Stern set out to build an upscale resort and did just that, introducing many new services other resorts have now adopted. These include fine dining, guest service attendants to help guests unload skis, limited lift ticket sales (no more than 6,000 tickets sold per day), parking lot shuttle, complimentary ski check and a state-licensed child care center.
Powder Mountain: Frederick James Cobabe herded sheep on the summer ranges around Grand Targhee in Idaho. When Targhee became a national forest, he had to move to land around Powder Mountain. In 1948 Cobabe's son, Alvin, purchased the land. While riding horses in the 1950s, a friend suggested his high-mountain land would make a great ski area. He liked the idea and started to acquire adjacent land. By 1972, when Powder Mountain opened, Alvin Cobabe owned approximately 14,000 acres.
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