Summit Completes Purchase of Powder Mountain

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SAM Magazine--May 9, 2013--Summit, the producer of the leadership conference Summit Series, finalized its purchase of Powder Mountain, Utah. Plans for the 7,000-acre resort include a sustainable residential community called Summit Eden, which will become the home base for the organization and its leadership and cultural events. Over the years, Powder Mountain has been targeted for large-scale development, with plans for 10,000 homes, golf courses and more than a dozen new chairlifts. Summit Eden, however, will focus on 500 sustainable homesites and a small residential village. In addition, small cabins will be available as rotating residences for artists, musicians, non-profit leaders and start-up entrepreneurs. As for the skiing and snowboarding, Summit founder and CEO Elliott Bisnow said, "Powder Mountain will continue to welcome ski guests like family, as Summit is committed to maintaining the beloved character of this resort."

The Summit organization was created in 2008 as a conference in Alta, Utah, for 19 entrepreneurs and non-profit leaders. Since, the Summit Series has grown into a community of thousands of multi-disciplinary leaders in the fields of business, non-profits, academia and the arts.