As a long-time Park City home owner, I urge the Planning Commission and City Council to reject the proposed redevelopment of the city-owned 5-acre Bonanza site. This project does not meaningfully benefit those of us who have owned in Park City for years. The city plans to invest up to $40 mi llion in Transient Room Tax funds, plus a long-term nominal ground lease for a mixed-use development of 106 housing units (mostly income restricted), commercial space, childcare and underground parking. While workforce or affordable housing addresses a real need, the plan primarily serves incoming residents and a developer rather than existing long-term homeowners and families,who already contend with high property taxes and strained local services. Traffic impacts are a particular concern. According to Hales Engineering Traffic Impact Study, (2022, for the nearby Homestake project) the signalized intersection of Kearns Boulevard and Bonanza Drive currently operates at “Level of Service B to C during peak hours with 95th percentile queues already reaching 600 feet or more.” The Bonanza Park Small Area Plan Mobility Component (adopted 2024) projects that added density will push conditions to LOS F, with delays exceeding 100 seconds per vehicle in critical movements and significantly longer queues. The proposed development will add vehicle trips that further degrade this already failing intersection, increasing commute times and safety risks for residents during peak winter periods. (Remember these are 2022 and 2024 studies. Traffic has done nothing but gone up and 106 more units plus traffic from the purposed redevelopment across the street next to the bank will only significantly decrease the LOS.) This prime 5-acre city-owned parcel could become a true central park, something long-term owners have repeatedly requested. Instead, the plan delivers limited open space that feels more like a private courtyard than a welcoming public amenity, while permanently changing the character of the neighborhood. Long-term residents and especially Prospector-area residents deserve better than a project whose public costs and quality of life impacts outweigh the benefits to those already living here. I ask the Planning Commission and City Council to explore alternatives that prioritize genuine open space and housing solutions on other sites. Luisa Power Park City The post No gain in value appeared first on Park Record. ...read more read less