Category: Real Estate Developments

Park City is particularly divided into different developments. So much so that in some parts of town we don’t even bother with the street addresses, we just refer to the subdivision, such as “Three Kings #1.” In this series, I’ll break down different developments, new and old, for your reading and research pleasure.

Posted on

Goldener Hirsch Residences, pt VIII

They are getting very close to finalizing many of the details. It’s a condo hotel project (like St. Regis or Stein Eriksen Lodge), which adds another layer of details to iron out. For instance, they need to select who the property manager will be, and once that’s done they can make decisions about common areas and rentals and operations, and once that’s figured out that will inform the final unit sales pricing. New construction is always a lot of moving parts.

In addition to the property management component, the architect and interior designer are finishing the design and renderings for the common areas and the definition of the condos below the rooftop pool area. They are hoping to get all of these things figured out because they want to avoid anything other than subtle changes between reservation and contract.

They’re now thinking early July for a product release, and by that time they hope to have a draft copy of the CC&Rs, bylaws, condo hotel Rules and Regulations. At the product release they plan to have everything ready: here are the units, here is the price schedule, here are the finishes and furniture. Then they are considering a period of 3 weeks for you to review all the info. At the end of those 3 weeks they plan to start accepting reservations.

A lot of the dirt work has been done; here is what the parcels look like today:

GH_6_6_2017

If you are interested in this project, let me know right away. Where we don’t know exactly what the reservation process will entail, I want to make certain you have every opportunity possible to own in this exclusive development.

The marketing is also a fluid concept; this link will always bring you to the most recent version of the sales brochure (but right now it hasn’t been updated since March 1).

Click here to sign up for updates as soon as they’re released.

Posted on

Goldener Hirsch Residences, pt VII

Exciting news up at Goldener Hirsch: the site is fenced off and they have begun digging.

Even more exciting is that the development team estimates that they are about two weeks out on releasing pricing, and looking at probably early June to begin the reservation process.

GH_5_11_17

If you are interested in this project, let me know right away. Where we don’t know exactly what the reservation process will entail, I want to make certain you have every opportunity possible to own in this exclusive development.

The marketing is also a fluid concept; this link will always bring you to the most recent version of the sales brochure.

I’ll let you know as new information develops! To catch up on previous updates, you can view my blog posts about the project by clicking here.

Posted on

Goldener Hirsch Residences, pt VI

As the 2016-2017 ski season comes to a close (although we had a good storm last night, Snowbird is reporting 17″), we should be seeing more updates, more news, and more changes at the site of the new Goldener Hirsch Residences.GH_4_3

The site is fenced off and there is heavy equipment moving snow; digging should start any day now.gh_4_2017_2

Even more exciting is that the development team estimates that they are about 30 days out on prices, and looking at probably early June to begin the reservation process.gh_4_2017_1

They have also brought on Todd-Avery Lenahan as the designer for the project.gh_4_2017_4

Palettes look interesting so far; they’re trying to offer a fresh design but still keep with the European feel of the original Goldener Hirsch.gh_4_2017_5

If you are interested in this project, let me know right away. Where we don’t know exactly what the reservation process will entail, I want to make certain you have every opportunity possible to own in this exclusive development. As always, it’s in the details, relationships matter, and luck favors the prepared.

The marketing is also a fluid concept; this link below will always bring you to the most recent version of the sales brochure.
ghbrochure

I’ll let you know as new information develops!

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released. 

Posted on

Wasatch Springs: New townhomes starting in the $450s

Exciting new project coming online just outside of town. One of the things we’ve been struggling with is a shortage of properties under $700k. These thirty townhouses start in the $450,000s, built by Holmes Homes, and are being pitched as filling the gap in the market. 3-4 bedrooms, 2-car garages, nice floorplans, all the upgrades are built into the price so all you choose is your color scheme. One of the floorplans does have an optional finished or unfinished basement, which is a nice touch. The development team also mentioned they are focusing on keeping the HOA dues low (around $200 a month), which reflects a concern many of us have about how much those dues actually add to the monthly cost of ownership. These are in the same area as the Retreat at Jordanelle, Park’s Edge, and the Stock Building Supply facility.

As of right now, 5 of the 10 units in this phase are reserved. It only takes $1,000 to reserve a unit, so if you’re interested, let’s pick a unit and get a reservation in LIKE RIGHT NOW.

When you get to the site plan, B1 and D3 were reserved this morning.

Here is the official brochure:

https://issuu.com/summitsothebys/docs/wasatch_springs_booklet/1?e=0/45888081&ff=true

Posted on

Goldener Hirsch Residences, pt V

“Worth the Wait”

The developers of Goldener Hirsch Hotel are being very careful with their research, scrutinizing all the details, and making very deliberate choices. And can you blame them? Building a new phase of such a storied brand on the last development parcel in Silver Lake is a very high-pressure endeavor. The overall theme here is that this project will be worth the wait.

As such, some of the sales processes are running behind schedule. Though there is a sales office in the lobby of Goldener Hirsch, there is no mockup display because they’re still working on exactly how the exterior will look (let me know when you’re coming to town and I’ll schedule a private tour). But the construction process–the most critical part of all this–is right on schedule, and the footprint of the buildings will not be changing, so when spring comes and the ground thaws physical work will continue as planned.

The rooftop pool and hot tub have been swapped from the original concept so the hot tub is now on the south side and the pool on the north side because that will allow for the best mountain views possible from that highest-floor condo. And if you were here this fall and saw heavy equipment working on the lots, it was because at some point in the last 30 years a sewer line had been run straight from Royal Street through one of the parcels and had to be moved.

The reservation process is still being worked out as well, and possibly won’t begin officially until spring or early summer. We’re guessing the deposit amount will be significant, probably $100,000. And the competition will be fierce for the top floor units with mountain views; rumor is there are as many as 80 interested parties so far. Pricing is not finalized yet, but I am expecting prices per square foot to match the Stein Eriksen Residences resales, which right now is between $1,275 and $1,538 per square foot.

If you are interested in this project, let me know right away. Where we don’t know exactly what the reservation process will entail, I want to make certain you have every opportunity possible to own in this exclusive development. As always, it’s in the details, relationships matter, and luck favors the prepared. 

The marketing is also a fluid concept; this link below will always bring you to the most recent version of the sales brochure. Right now the most recent update is from 1/8/17.
ghbrochure

I’ll let you know as new information develops!

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released. 

Posted on

Goldener Hirsch Hotel and Residences, pt IV

More news on the Goldener Hirsch expansion. This is the first release of the official sales brochure, and it comes with the disclaimer that floorplans, etc. are still being tweaked:

ghbrochure

Expecting the reservation process to begin late February 2017.

There will be updates as we move along, and more information is due to be released this month. As usual, you’ll be the first to know when it does!

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released. 

Posted on

Goldener Hirsch Hotel and Residences, pt III

Please note: this project is still very much in the planning stages. Information herein is not guaranteed.

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released.

As we get closer to 2017 we are getting closer to official information about the new condominiums slated for construction as part of the Goldener Hirsch Inn expansion in Silver Lake at Deer Valley Resort. It’s been months of discussions about density and commercial square footage and codes and master plans.

However, we are starting to get more information trickling out. As you can see above, the actual lots that will be developed are still being used as parking for Deer Valley Resort. Preliminary–and I do mean preliminary–information is on the Goldener Hirsch’s website (scroll down to “Coming Soon”).

DATES TO KNOW:

Sales reservations beginning Winter 2017
Construction planned to start Spring 2017
Completion planned for Winter 2019

Here are the points from the latest press release:

QUICK FACTS
38 New Contemporary Residences
Modern Architecture blended with Sophisticated Design
Studio to Three Bedrooms with Lock-Offs
Approx. 570 – 2,379 Square Feet
Fully Furnished & Impeccably Appointed
Sky Bridge Connection to Inn
Located in the Center of Silver Lake Village

AMENITIES & SERVICES
Front Lobby with Check-in, Valet & Concierge
Lobby Lounge & Outdoor Patio with Firepits
Rooftop Pool & Hot Tub with Stunning Views
Fitness Center adjacent to Rooftop Pool
Ski/Boot Locker Room with Aprés-Ski Lounge
Goldener Hirsch Restaurant & Bar
Conference Center
Underground Parking

Since the January Planning Commission meeting was where the main meat and potatoes of this proposal emerged, I have pulled out some particularly interesting pages from that packet:

GH_Artist-renderings_thumbnail
Artist renderings
GH_Site-maps_thumbnail
Site maps
GH_-Floor-by-floor_thumbnail
Floor-by-floor
GH_Floorplan-examples_thumbnail
Floorplan examples
GH_Square-footage-schedule_thumbnail
Square footage schedule

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released. 

Please note: this project is still very much in the planning stages. Information herein is not guaranteed.

Posted on

Goldener Hirsch Hotel and Residences (pt II)

Please note: this project is still very much in the planning stages. Information herein is not guaranteed.

Sign up to receive news on Goldener Hirsch Hotel and Residences as it is released.

It’s been a long spring waiting for news on the Goldener Hirsch Hotel and Residences. But my enthusiasm remains untempered: this is still the last buildable lot in upper Deer Valley and Goldener Hirsch is still very much a storied brand. So far, the bulk of what we know is from the January Planning Commission packet and the January Planning Commission Meeting minutes. (I can email these packets directly to you as well.) And according to the Planning Commission, they are working out utility plans now. Word on the street is that they have to move a sewer line, but that is of course unconfirmed.

Goldener-Hirsch-Post-Header

Continue reading “Goldener Hirsch Hotel and Residences (pt II)”