Park Record | 2006-11-04 | Page 23

A-23 The Park Record Sat/Sun/Mon/Tues, November 4-7, 2CCS MORE DO6$ ON M A I N STREET COMMERCE By Tom Clyde FULL SERVICE COMMERCIAL REAL ESTATE Got a room to rent? f everything goes according to schedule, we should more listings for houses for rent: $5,000 a month for Park be skiing in two weeks. It's cold enough that they Meadows, $2,800 in Jeremy, $2,500 in Highland Estates, arc blowing snow in the shady places, and who knows, a couple of other houses in Park City at $1,800 a month. some of the real stuff could come in one of these days. For a full year lease. If you are planning on working It's an exciting time of year. I've had one of the best sea- through the ski season and hitting the road next April, sons ever on my bikes - road and mountain. But it's time you either have to move out in the middle of the night, or these places arent available. to put the wheels away and get out the skis. The main thing that stands out about last week's clasThe cold weather gets me thinking about skiing, but what really did it was one of those quick encounters in sified ads is that the listings for all the rental housing the parking lot at the grocer)1 store. I was parked next to combined - Heber, Kamas, Park City, condo and singlea carload of kids just arriving in town for the season. The family or crawl spaces to rent - is less than a quarter of car was an ancient Subaru, connected to a U-Haul trail- a page, including big ads from agencies who have no er that was big enough so it wasnt obvious which was inventory. Never mind what the rent is. We've got close pulling the other. There was a ton of stuff tied to the roof. to 1,500 seasonal people just at the ski resorts (plus the They had the apartment rental guide, which they were hotels and restaurants) all trying to get one of those118 quickly discovering was full of apartments in Salt Lake, units. It's going to be a little snug. "Help Wanted' is nearly two full pages, and the ads sound ejesperate. It's and had very little to offer locally. They were just beginning a grand adventure, that going to be a tough winter when it comes to staffing busimythical season of debauchery in a ski town. They were nesses, and finding a place for those employees to live. It's certainly in the filled with enthusiasm. The nature of resort towns plan was to get apartments to have an imbalance and jobs lined up this week, • • The houses were so drafty that between housing then head to Moab for a you hardly noticed the gas leaks. A hot prices and wages paid week before coming back the people who and starting work. If they shdwer was something of a luxury. A for make the local econogot lucky, they could land shower that didn't have frozen pipes in the my work. If there is jobs on the mountain and ski resort anywhere that a lot. If they get realistic, morning was about-all you could ask." has solved the probthey will also land jobs in lem, I surely don't restaurants at night, and ffgmm^^t^mm^mm^^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ know who it might be. maybe some retail for their I We've fully embraced "days off." The economics I the "down-valley" solution found in other resorts, where of being a ski bum aren't quite ]what they used to be. People who arrived in town not long before I did tell the workers move one town removed from the resort in of renting houses in Old Town for $25 or $50 a month. search of housing. That worked, for a while, but Heber The heat bill was 10 times that, but the houses were so is now as expensive as Park City. Kamas or Coalville are draft>' that you hardly noticed the gas leaks. A hot show- still a little less expensive, but they are small enough that er was something of a luxury. A shower that didn't have they don't have the inventor)' to take up the slack. Salt frozen pipes in the morning was about all you could ask. Lake, Provo, Evanston -- we're running out of options. I doni know what the lids moving into town this year What you might save in rent by moving to Coalville, you are facing when it comef to housing. I spent about 20 more than make up in commuting expenses. Among the three resorts, only Deer Valley has made years in the landlord bu?/ness before cashing out. I have to confess that my first Ziought when I saw the group in a significant effort in providing housing for their seasonAlbertsons parking lolAvas how happy I vvas not to be al employees. Much of the entry level housing in town interviewing them as prospective tenants. There were was built as part of the initial approval of Deer Valley. two giant, slobbering cfogs in the back of the car. But that and they have purchased more housing on their own. never stopped anytxjay from signing a lease that said The Canyons had a bunch of dorm-style housing in Prospector, but sold it. PCMR built the Snow County "no pets." With the run up #i housing prices, a whole lot of stuff apartments years ago, but did a condo conversion and that had been in thf long-term rental business has been sold them ,off. The city keeps approving big hotel projects. The remodeled and is flow competing in the nightly rental market, or off the fental market completely. There have St. Regis and Kathy Lee will have something like 700 been a lot of nev/apartments built, but they are pretty employees. The Montage, if approved, will do about pricey, and not really likely to become home to visiting the same. Unless the places are staffed by OompahLoompahs, those employees need a place to live. Oregonians or A/istralians for the ski season. A quick look/at the classifieds in Wednesday's paper We really need to face up to the problem in a serious suggests we ha^Je a problem. Under "Condos for Rent way. Park City" the/e are 18 units advertised. The average Tom Clyde is a former city attorney and author of "More price appears in be about $1,600. The average price on Dogi on Main Street." He has been a columnist for The Park condos in Mic/vav is about $1,100 a month. There are Record forhearly 20years. I Heber Valley Franchise for Sale • World's Largest Fitness Franchise with nearly 10,000 locations worldwide • Business sale includes:workoutequipment,inventory, client lists, computer system with software • Current lease runs thru July 31,2011 at $ 1,682 per month gross rent • Available immediately ^ CUSHMAN& ••« WAKEFIELD. A L L I A N C E V " . ' ^ " P.O. Box 6B0047 ;:" •'v-'^Park City, Utah 64068^, ; ' H V - -435-615-6825 Office '£'.:•*'.?>!< 435-615-6823 Fax www.commercecrg.com Call for additional details! 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