resort

In 2023, Reed Hastings invested $100 million to become majority owner of Utah’s Powder Mountain; he is now spending another $200 million as the resort expands public and private skiing

by
In 2023, Reed Hastings invested $100 million to become majority owner of Utah's Powder Mountain; he is now spending another $200 million as the resort expands public and private skiing

Hastings became the controlling owner of Powder Mountain in 2023 after investing $100 million (Image Credit: Powder Haven) What happens when a Netflix co-founder turns his attention from streaming to skiing? For Reed Hastings, it has meant taking control of one of Utah’s largest ski areas and attempting to reshape how a mountain resort operates. … Read more

In the early 1960s, developers sold 5,850 lots for a private resort on Assateague Island; one five-day storm wiped out nearly every house and helped turn it into a national seashore

by
In the early 1960s, developers sold 5,850 lots for a private resort on Assateague Island; one five-day storm wiped out nearly every house and helped turn it into a national seashore

The island was protected as a National Seashore in 1965. (Picture: NPS) Assateague Island National Seashore in Maryland is known for its undeveloped beaches, wildlife and natural coastal habitats. But plans were once in place to turn large parts of Assateague into a resort community with homes, roads, commercial areas and other infrastructure.The island’s story … Read more

In 1912, a Black couple bought California beachfront land and built a resort; the city seized it in the 1920s, and a century later their heirs got it back and sold it for nearly $20 million

by
In 1912, a Black couple bought California beachfront land and built a resort; the city seized it in the 1920s, and a century later their heirs got it back and sold it for nearly $20 million

Charles and Willa Bruce on their wedding day (Left) and Margie Johnson and John Pettigrew in Manhattan Beach in 1927 (Right) A prime piece of Southern California oceanfront property taken from a Black couple through eminent domain a century ago was formally returned to their descendants and then sold back to Los Angeles County for … Read more