I just looked at the renderings of the development and it's DOWNSTREAM from a reservoir. Probably not the best idea and that end of Hyrum isn't exactly a luxury destination. You've got trailer parks, run-down homes, poverty. It's just the thing for a make-over, but there is no draw. I have a difficult time thinking it could be! The lake water is green and you can't see more than a foot beneath the surface. It's something that could be viable for Bear Lake or Utah Lake, but not this reservoir. Furthermore, the five hundred room hotel makes me laugh.

No better time to plan a huge high end development project, when all over Utah high end homes aren't selling. Smart.... Real Smart...

And the Hyrum down is already overcrowded now, a tiny overcrowded reservoir, who wouldn't want to live near one....

A golf course in Hyrum would be cool though.

When is the right time to plan this type of project?

Development takes years from concept to actual completion and we may very well see one or two cycles of demand in the housing market. The builder of the South Towne Mall bought land and built a mall surrounded by undeveloped farmland. The Ranches and Eagle Mountain were in the middle of nowhere.

Some developers have the ability to see trends and value where others of us see no potential. This may very well prove to be a destination project. Consider that the FrontRunner will extend to Brigham City in the future. Relative to commutes and work versus home locations in some other cities it is not that unreasonable to see some SLC workers actually live that far north. Though I doubt that would be the main demographic by any stretch.

It would help to have a Cache connection to Powder Mountain.