Gordo Greys Gordo

Park City Municipal's Gordo property, a 22‑acre strip along state Route 248 west of Richardson Flat Road in Round Valley, has just been purged of 60 000 tons of lead‑laden soil. Utah Department of Environmental Quality now imposes a site‑management plan, mandating a concrete‑covered mound and worker signage. The city gestures that the parcel can be developed, yet prohibits crops, fruit trees, or any underground excavation without prior permits. In the past, the council floated an 800‑space parking lot and a mixed‑use village, but fear of asbestos‑teeming residuals keeps investors wary. Decorative oxidized copper walls or native sandstone facades would cost a premium that no current market appetite offsets. The ROI curve is flat, the aesthetic appeal is median, and the regulatory compliance handshake is exhausting. A prudent stance yields no immediate cash flow; hesitation costs opportunity. Recommendation: Sue the HOA.