Utahopia Real Estate Blog

Mayflower Mountain & Extell Update

By utahopia
Jul 17, 2019

We have mentioned that a lot of changes are coming to the Mayflower side of Deer Valley - check out our earlier post on the initial plan and the goal to for this side of the mountain to be its own new resort community: http://utahopia.com/blog/mayflower-mountain-resort

Over the next few years this area will be transformed commercial space, public gathering areas, recreation facilities, expanded ski areas, and three hotels making the area a world-class destination for year-round recreation.  In 2007, this area of Mayflower and parts of the Jordanelle area received designation for further recreational and commercial development. Since then the MIDA (Military Installation Development Authority) group and Extell have come together to present a plan that will transform the area. According to Hontz, Extell owns about 5,100 acres but plans to keep a vast majority of that land open for trails, and about 1,200 acres of additional skiing. One of the largest portions of the of the project will be a conference style hotel that will feature 400 rooms with a total footprint of 600,000 square feet. Construction began earlier this summer with clearing of trees for the future ski beach with the ultimate goal being a walkable community. All areas of the village concept will be within a radius of a quarter mile.

Here is the latest slide presentation from the Wasatch Back Economic Summit where Extell informed us of the current operations going on:

https://www.gohebervalley.com/media/uploads/files/wasatch%20back%20economic%20summit%20presentation.pdf

 

Below is a little more on MIDA and how this partnership came about:

What is MIDA? – MIDA is an authority created by the Utah Legislature in 2007 to facilitate the development of military land in Utah. It serves a dual role of helping strengthen the military presence in Utah while stimulating the State’s economy. Specifically, MIDA was created to act as an independent, nonprofit, separate body corporate and politic, with perpetual succession and statewide jurisdiction, whose purpose is to facilitate the development of military land in a project area; exercise exclusive police power within a project area (unless delegated), including the collection of regulatory fees; receive tax increment and other taxes and fees; and issue bonds to finance the undertaking of any development objectives of the authority. MWF and MWR - The purpose of the proposed Military Recreation Facility (“MRF”) Project Area (“Project Area”) is to provide the military with a “Morale, Welfare and Recreation” facility or hotel (similar to other facilities they have around the world) in a ski resort setting. To have a quality military recreation facility, the desire is to locate the hotel in a larger master-planned development that provides a four-season recreational opportunity, including skiing, fishing, boating, hiking, mountain biking, and golfing. The surrounding development would include villages with other hotels, restaurants, night clubs, spas, and other commercial amenities. This necessitates the inclusion of non-military land in the Project Area. – By an act of Congress, the Air Force was granted a parcel of property in Summit County (“Red Maple Parcel”) on which it could build the MRF or traded it to another location. Wasatch County granted its irrevocable consent to create the Project Area on February 16, 2011 which included at the time 2,600 acres.

Black Rock Mountain Resort

By utahopia
Jun 25, 2019

BLACK ROCK MOUNTAIN RESORT:

Driving into Park City on the right side, across from the lumber yard and under construction now is the Black Rock Mountain Resort (BRMR), which is approximately 500,000 square feet coming to the North shores of the Jordanelle.  The landmark of BRMR is to offer luxury living in Park City at affordable prices.  These condos start in the low $400ks for 1,277 square feet.  Three different floorplans are offered with 2 and 3 bedrooms, as well as lock-out options to maximize rental income.  HOA fees start at $499/month and include High Speed Internet, Phone, Cable, Sewer, Water, Trash, Underground Parking, Snow Removal/landscaping, Exterior and Common Area Maintenance. The amenities for this resort are quite expansive, including:

Year Round Heated Pool, Fitness Center, Game Lounge, on-site restaurant Local's Favorite Maxwell's east coast eatery Restaurant and Bar, a Market & Cafe, underground parking, owner and guest storage, conference space, and a year round indoor ice event center. BRMR will boast a brand new, state-of-the art Ice Event Center containing two indoor and one outdoor ice rinks with stadium seating for up to 500 spectators to highlight and be a destination for hockey teams and tournaments.

 

From KPCW interview: Developer Rich Wolper says that the big pull for the resort will be their event center, which may even be able to bring the National Hockey League’s Los Angeles team to the center for training. “We’ll host hockey tournaments,” Wolper continued. “We also will be able to melt the ice. Do small intimate concerts, comedy shows, some stuff we’ve been talking about. We met with Luc Robitaille of the (Los Angeles) Kings and they want to bring their summer camp or training camp there. One of the main draws for that is we’re an NHL size rink, as opposed to most of the rinks in Utah are Olympic sized. He wanted to practice on NHL sized ice like his team plays on. Another draw was the fact that we’re at 7,000 feet of altitude and we’ll have a high-end workout facility. The other side is each hotel room is 1,300 square feet with a full commercial kitchen and they’ll have privacy. They could either have room service, eat at Maxwell’s or they could cook their own food a lot of these guys are on special diets.”

The developers are also working with local groups to meet the demand for ice including Park City Ice Arena.

“They want to join forces on a bunch of stuff,” Wolper said. “I’m not really sure what that looks like yet but there’s just not enough ice (currently).  I met with Park City Miners who are a youth program and they have 250 kids and they’re dying for ice at different times. Where they don’t have to have these kids eating at 11:00 at night or driving all the way into Salt Lake City. In addition, Justin and I own a Junior A hockey team in the Western States Hockey League. We have kids from all over the world that play hockey for us in order to get NCAA scholarships and pro contracts. Those kids are 18-21 so they’ll be at the rink every single day, working out, skating. Then we’ll have our games there, showcases there, tournaments, you name it.”

The developers have also met with US Figure Skating, and Park City Curling about using the facilities.

The ice rink would not be able to host Olympic hockey events at a hypothetical 2030 Winter Olympics but might be able to hold other ice events.

“Figure skating and curling could come over,” Wolper explained. “Short track speed skating possibly. With Park City having the Olympic sheet over there it gives best of both worlds.”

The event center is hoping to open Spring of 2020. Contracts for the condos start to become available in the next few weeks.

Tuhaye Neighborhood - Summer Update

By utahopia
Jun 14, 2019

Tuhaye is a premier destination for golfers and those wanting to enjoy the finer things Park City with 4 clubs in 1 membership...not to mention the unrivaled views of the Jordanelle set against the Wasatch mountains!!! Tuhaye is part of the renown Talisker club offering amenities at Deer Valley such as the Tower Club, dial a ride access to skiing from Tuhaye, and the Outpost yurt in Deer Valley's backcountry.  Enjoy clubhouses from Tuhaye to Main Street to Deer Valley for members. The amenities right in the Tuhaye neighborhood include an 18-hole Mark O-Meara designed championship golf course, and a stunning club house with spa, restaurant, fitness center and pool.

This summer Tuhaye has new offerings and updates:

The WHISPERING HAWK single family homes feature 2 home designs ranging from 1,890 to 3,288 square feet.  Offering three and four en-suite bedrooms and plenty of room to gather with family and friends, the homes are set before expansive Uinta National Forest and Tuhaye private golf Tuhaye golf course views.

Four new homesite collections (Moon Shadow, Lone Peak, Silent Creek, and King's Light) are coming to the market offering unique opportunities to build your custom home in Talisker Club. These homesites feature stunning vistas and long-range views of the Uinta National Forest, Mt. Timpanogos, and the Jordanelle reservoir.

For current members to enjoy, the Moondance Park and Kids Pool Pavilion are slated to open Summer 2019.  Moondance Park includes an entertainment pavilion, playgrounds, sand volleyball courts, soccer field and a basketball-sports court that converts to a winter ice-skating rink with a warming hut and fire pits. For the kids of Talisker, the Pool Pavilion will include splash pads, a water slide and built-in pool games—complete with a nearby Juice & Snack Bar, and a lawn play area. Fun in the sun!

 

Kids Pool Pavilion Rendering from Talisker Club

Park City Real Estate 1st Quarter Market Report Snapshot

By utahopia
May 14, 2019

This is the 1st Quarter Market Report for Summit and Wasatch Counties.  The growth and stability of our markets look strong! We couple this with the Utah's diverse and high performing economies, and we have a great place to live.

Our Market in Park City and the surrounding areas are very segmented and diverse from one another. Below is a snapshot of the Park City limits Single Family and Condo Sales Year over Year from April 1, 2018 through March 31, 2019.  We would be happy to share the full report including all areas if you request.

Park City limits includes Deer Valley out to the historic McPolin barn.

JORDANELLE DEVELOPMENTS...There's More!

By utahopia
Mar 22, 2019

The Park City growth continues to expand east towards the Jordanelle.  The new developments are all taking advantage of the gorgeous views across the Jordanelle reservoir and onto the Deer Valley ski runs coming down to the Mayflower entrance. This area is going to look a lot different in the years to come with the Jordanelle Parkway road connection providing easier access to Deer Valley, the addition of a non motorized dock on this side of the Jordanelle reservior, and the multitude of trails and other recreation going in (not to mention the Mayflower Mountain resort expansion of Deer Valley).

We have highlighted the Mayflower Mountain and Skyridge developments in previous posts. Below are the details of a few new projects to add to the knowledge bank:

GOLDEN EAGLE

Golden Eagle is situated across 248 from Tuhaye and offers stunning lake, mountain, and ski resort views. This development will be comprised of 328 Total Homes in 3 development phases; all single family homes. The first phase of lots are available now: 0.5 to 1 acre lots starting at $295,000.

For amenities: a community gathering space is planned with kitchen, bathrooms, indoor and outdoor spaces, fire pit, etc. The HOA dues are projected to be low at $148 per month.

COMMUNITY CENTER RENDERING

 

 

 

 

 

 

KLAIM

Klaim is in the town of Hideout, just west of Park City off of 248.  This development will feature 88 townhomes, 3-5 bedrooms all with a 2 car garage.

KLAIM SITEMAP

DEER WATERS

Deer Waters is also in Hideout and will be situated on the east side of 248 - with access to the Jordanelle reservoir. The 1st phase released will be 40 units, all duplexes, with 3 floorplans available. Prices starting at $665,900.

Deer Waters Townhome Rendering

Please reach out if you would like more detailed information on any of these developments or the area. We are happy to answer questions and make sure you are well informed!

Here is a map of the entire area to help visualize the area and all that's going on:

PROVIDED BY DEER WATERS SITE

 

 
 
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