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Show A-16 The Park Record Marketplace He was inspired by his dad, who was a contractor D C C 100% 90% 80% 70% 60% 50% 40% 30% 20% CAROLYN WEBBER 10% The Park Record Sun Mon Tues 2018 - As of 6/15/18 2017 - As of 6/15/17 2017 - Historic Actuals Wed Thurs Fri Sat Week High 2018 ........Wed 70% Week High 2017 .........Thu 80% Weekly Average 2018 ....... 60% Weekly Average 2017 ....... 62% NOTE: This is not a forecast of bookings. Data presented in this report represents occupancy on the books as of the report date. Source: DestiMetrics & Park City Chamber/Bureau © 2018 CAROLYN WEBBER/PARK RECORD David James, president of Silver Lode Development Company, moved to Park City about one year ago after vacationing here for several years. He plans on building affordable housing units and mixed-use developments in the area. dos for about 15 years until a real estate downturn led him to Las Vegas. He quickly started building homes in the Vegas area and received his general contracting license for the state of Nevada. But a new opportunity led him to be a developer for a commercial group, where he worked on large commercial spaces such as apartments and office buildings. He enjoyed taking the wide-angle view of projects and managing architects, landscapers and general contractors. But after 10 years, he was ready for his next chapter. While living in Las Vegas, James and his children started taking ski trips to Park City. The amount of trips slowly increased until, finally, he knew that it was time to make his vacation destination his permanent residence. “I want to be in a place that I love being, and where I have access to the things that I love,” he said. “The great outdoors is really what it comes down to.” When he came to Park City, one of his first projects was building the shared office space The Prospect Executive Suites. He was planning on being the developer and hiring a general contractor, but after seeing the costs associated with hiring one, he decided it would be easier to step back into the ring himself. He hired a subcontractor to do the floors in The Prospect, and soon found himself on his hands and knees joining them to put the floor together. “It kind of put me back in business,” he said. “I thought, ‘I kind of like this.’” He enjoyed being able to work with his hands and see a finished product rather than working on paperwork behind the scenes. “It goes back to my childhood of being in the field with my dad,” he said. “He loved it. I think it is part of my DNA.” Now, he is continuing to do general contracting work, both remodeling homes and building them from scratch. He plans on working as a developer on future projects, such as affordable housing or mixed-use developments that include both retail and residential spaces. No matter what part of the construction process he is involved in, he loves being able to see plans come together and form a permanent structure. “I love seeing somebody’s idea, whether it’s my own or someone else’s home or office building or shopping center, and taking it from start to finish and (having) something that stands,” he said. Silver Lode Development Company David@theprospectpc.com (435) 602-1854 LUNCH SPECIAL NOW OPEN! 12x40 10x25 10x20 10x15 C Nightly Lodging Tally Occupancy Report for week of July 8-14, 2018 Developer aims to build his own legacy David James started working in construction at the age of 3. His dad, who was a general contractor, brought him along on his projects. James asked if he could help and his father handed him a broom. James continued to work in the business, even after his father passed away when he was 10 years old. He spent several years working as a general contractor and developer in California and Las Vegas, and recently opened Silver Lode Development Company in Park City. James, who grew up in Sacramento, California, knew since he was young that he wanted to be like his father. He loved that buildings his dad created, such as the Queen of the Snows Catholic Church in Squaw Valley, California, remained years after his death. He wanted to leave the same type of legacy. “You can look back five years or 10 years later, drive your kids by it and say, ‘I built that,’ like my dad did,” he said. James worked with his father’s business partner throughout his youth, learning the trade “from the ground up.” At the age of 20, he got his license to do concrete and framing and began working at Panattoni Development Company. He mastered his skills and moved to Manhattan Beach, California. When he was 23, he received his general contracting license. Although he loved the construction process, he found more joy being the “conductor” of the project as the contractor, just as his dad was. He partnered with a real estate broker and remodeled houses and con- Sat/Sun/Mon/Tues, July 7-10, 2018 $23999 $16499 $14999 $12999 $10 OFF Your $30 purchase DINNER SPECIAL $25 OFF Your $75 purchase More options available Shabu is Open Daily Located in the Kamas Valley just 10 minutes from Park City Lunch and Dinner 12pm–10pm 435-731-4242 | FRANCISSTORAGE.COM 1333 SR-32 Francis, UT 84036 Park City cashes in on conference It will be one of the largest events of its type in Utah CAROLYN WEBBER The Park Record Terms such as cryptocurrency, Blockchain and Bitcoin are becoming more common in national and global financial markets. Next weekend, those words will likely be tossed around countless times during Utah’s first Digital Currency Con, which is set to take place in Park City on July 14. Steve Gerritsen, an entrepreneur who lives in the Salt Lake Valley, came up with the idea for the conference in April. He said he had been watching the interest in digital currency increase, especially in Utah, and he thought that it was time to bring a conference to the state. “These conferences exist monthly on the East Coast and in California,” he said. “Given that Utah has never had a big one, we thought, ‘Why not?’” He partnered with some professionals in the digital currency world and brought everything together in two short months. He said it was a challenge to organize the conference given the timeline, but for the cryptocurrency world, two months is “an eternity.” The organizers selected Park City to hold the conference because of the various outdoor activities that people can do while visiting, Gerritsen said. He used to live in Park City. “You might stay an extra day or come a day early and have some fun, and that is attractive to people,” he said. The conference is scheduled to kick off with a VIP dinner and networking reception on Friday, Please see Digital, A-17 |