The area was traveled by the early Mormon pioneers on their journey to where they settled and built Salt Lake City. One of their leaders,
Parley P. Pratt, explored the canyon in 1848. He was given a charter the following year to build a toll road through it, which was finished in 1849. The basin at the top of the canyon was an ideal place to graze, and a few families settled. Early on, the area was deeded to Samuel Snyder,
Heber C. Kimball and
Jedediah Grant. The settlers named it "Parley's Park City", which was shortened to "Park City" upon the town's incorporation in 1884. The first known discovery of ore in this area was by men serving under Colonel
Patrick E. Connor, who invited his men to prospect in the area after having been relocated from
Gold Rush-era California. The finding of silver, gold, and lead sparked the first silver mines in Park City in the 1860s. Park City's large mining boom brought large crowds of prospectors setting up camps around the mountain terrain, marking the first mining settlements. Although it was not the first find, the
Ontario silver mine, discovered by Herman Buden in 1872 and quickly purchased by
George Hearst through his business partner
R. C. Chambers, was the first major producer. (1971). Another prominent mining family was that of
William Montague Ferry Jr. Ferry moved to Utah from
West Michigan already a very wealthy man. He had previously been a Colonel in the
Union Army, mayor of
Grand Haven, and was son of wealthy businessman
William Montague Ferry. Ferry was followed by a group of other wealthy
Michiganders (including his brother
Edward Payson Ferry) who came to be the social elites of the town. The Ferry family owned numerous mines including the Marsac Silver mining Company and the Silver King Coalition Mines. Col Ferry also donated the land for
Westminster College and unsuccessfully ran for governor of Utah. Edward Ferry's son
W. Mont Ferry was mayor of
Salt Lake City. In 1880, a spur line was established to the Echo station of the
First transcontinental railroad. By 1892 the Silver King Mine and its owners
Thomas Kearns and David Keith took the spotlight as one of the most famous silver mines in the world. While silver mines were doing well in Utah, other mines around the world were not doing as well, which drew many of these miners to Park City. The town flourished with crowds of miners and wealth, but by the 1950s, the town nearly became a ghost town. This was due in part to a drop in the price of silver. The town was nearly destroyed by fire in 1898. Another accident occurred in 1902 when 34 miners were killed in an explosion in the Daly West Mine. The transformation of Park City into a ski destination town is primarily attributed to declining silver and metal prices during and following World War I, the Great Depression, and World War II. That same year Utah's total gross domestic product was $128 billion, making tourism 5.8% of GDP for the Utah economy as a whole. Park City draws in 3,006,071 average annual visitors; in the winter 1,603,775, and in the summer 1,402,296. Park City benefits from the average nightly visitor spending $100 to $350. Currently, Park City primarily relies on its tourist industry from skiing to restaurants to hiking and biking. The makeover of Park City has stimulated a culture of expenditure, adventure, wealth, and this is included in their promotional material. To this day, there are still more than of old silver-mine workings and tunnels beneath the slopes at Park City Mountain Resort and neighboring Deer Valley. On Main Street, 64 Victorian buildings are listed in the National Register of Historic Places. There are many remaining mine buildings, mine shafts (most blocked off from outsiders with large steel doors), and hoists, including the weathered remains of the California-Comstock and Silver King Mines and the water towers once used to hydrate one of the biggest mines, the Silver King, provide some history of this mining town transformed into a skiing resort. In 2011, the town was awarded a Gold-level Ride Center designation from the
International Mountain Bicycling Association for its mountain bike trails, amenities and community. Park City Municipal, along with
Basin Recreation manage bike trails in Park City. ==Geography==