New Construction Guide To Canyons Village At Park City Resort

As one of the fastest growing resorts in North America, Park City Resort is seeing significant growth within the Canyons Village area of the ski resort formerly known as "Canyons Resort". Now owned and operated by Vail Resorts, the rapid expansion of the Canyons Village is taking place at a staggering pace with multiple construction projects ongoing and many more planned to come in the next few years. Keeping track of the newest and latest developments in the area is almost impossible to grasp from afar. With numerous new developments, hotels, townhouses, and more all on the market at any given time it takes an in-depth look at the area to figure out the pros and cons of each new location being released. We're seeing many new high end hotel brands coming to market from Hilton, Hyatt, and Marriott expanding their presence in the Park City community. 

Canyons Village Master Plan Expansion Recap

 The master plan for the Canyons Village area consists primary in two distinct areas. The upper village costs of everything centered around the main Gondola, Orange Bubble Lift, and Sunrise Lift. The Lower Village area consists of the property around the Frostwood Gondola and over the the main parking lot and people mover at the base entry of the resort. This is a joint expansion project between Vail Resorts, Replay Resorts, and TCFC. These companies have been a part of making large resorts like Whistler and Vail a reality and they are now focused on creating the same level of amenities and access throughout the Canyons Village. With additional amenities and creating a more walkable village area with commercial space being added this is going to greatly increase tcirability to own property in this area once completed. 

New & Under Construction Projects 

Apex Residences

One of the newest developments within the Canyons Village, Apex Residences, advertises itself as "an exclusive collection of architecturally stunning ski-in ski-out homes". Built by Columbus Pacific and designed by Think Architecture who created one of the most visually appealing modern contemporary projects in the Village area. These units offer incredible ski access with a trail coming right next to the door which will take you down the hill to the base area. Apex offers multiple configurations within 63 total units from townhouses to stacked condominiums within three different rows of buildings. The operations of the development will be managed by Vail Resorts. The clubhouse will include a 50ft swimming pool, outdoor spa and splash pad, fitness room, game room, concierge services, and more. 

  • Completed Winter 2019/2020
  • Minimum $1.5M - Maximum $4M List Price
  • Three, Four, & Five Bedroom Configurations
  • Sizes range from 2,000-3,800 Square Feet 
  • 63 Total Units Between Townhomes & Stacked Condominiums
  • Current Apex Residences For Sale 

Pendry Residences Park City

Pendry Residences, a Montage brand hotel, is the newest addition to the Canyons Village master plan that is set to be one of the nicest developments in the area and selling for record prices per square foot for the area. With high end construction, superior amenities, and ski front location this has everything one could be looking for in a ski vacation property. Set between three different buildings are 150 luxurious units with access to amenities like rooftop pool area, state of the art fitness center, kids club, and much more for it's owners and guests. This development will transform this portion of the Upper Canyons Village once complete as the Sunrise Lift will be brought down closer to the hotel to create a new and high end base gathering area with lots of commercial space surrounding the lift. 

  • Completed Winter 2021/2022
  • Prices Start In Mid $400's Up To $3M
  • Studio Units Up To Four Bedroom Penthouse Units
  • Sizes range from 400-2,600 Square Feet 
  • 150 Total Units Between Three Stacked Condo Buildings
  • Current Pendry Residences For Sale 

The Ascent Hotel

The Ascent hotel in Park City is a new release which will be a Tapestry Collection offering from the Hilton hotel brand. Located in the Lower Canyons Village area with ski access utilized by the Frostwood Gondola this new hotel offers 120 units starting at $300k. Located on the 11th fairway of the Canyons Village golf course this new development will offer great golf and ski run views from many areas of the building and will be a great addition to the village as a higher end hotel with fairly entry level pricing for the area. This location is directly across from the Waldorf Astoria Park City

  • Construction Begins Spring 2020
  • Completion Estimated Winter 2021/2022
  • Prices From $300's To $600's
  • Sizes Range From 349-622 Square Feet
  • 120 Units Under Hilton Hotel Brand
  • Current Ascent Hotel Units For Sale 

The Ridge at Canyons Village 

Within the upper village area is a new development taking shape at The Ridge. These will be a row of 44 townhomes that are somewhat a unique offering in an area dominated by stacked condominium products in the upper village area. With large floorplans, two car garages, and four and five bedroom units these are sure to fit the bill for many buyers looking into the area. The project is ski in and walk to ski out with access obtained from the Sunrise Chair once it is Brough lower on the mountain to meet the new Pendry Residences development. Units will be a high end contemporary finish with numerous units having great mountain views. Situated between the Silverado Lodge and the Sunrise Lodge at the end of Red Pine Road.

  • Broke Ground Late 2019
  • First Phase To Be Delivered Fall 2020
  • 44 Townhomes From $1.6M-2.3M
  • Large Floorplans From 2,600-3,600 Square Feet
  • See The Ridge Units For Sale 

Lift Park City

If you’re looking for a new contemporary design in the heart of everything in the Canyons Village, Lift Park City residences could be the perfect home for you. Situated right next to the Sunrise Chairlift and a very short walk to the main Gondola this is one of the best locations you can find in all of Park City, not just Canyons Village. These were offered fully furnished and turn-key for it’s owners to immediately start using and renting out to guests so you will find continuity between all of the units. Developed by Replay Resorts who are partnering with others in developing the Canyons Village master plan.

  • Completed in 2019 By Replay Resorts
  • 61 Contemporary Residences
  • One To Five Bedroom Units Available
  • 800-3,100 Square Foot Units
  • See Lift Condos For Sale 

Viridian Park City Townhomes

The Viridian townhomes are located in the lower canyons village area just below the Waldorf Astoria and situated on the 11th hole of the Canyons Golf Course. With nice golf course frontage and quick access to the Quicksilver Gondola these offer a great opportunity for year round living in the Park City area. With amenities like a heated pool, spa, fir pit area, and fitness these will be a great price point for many park city home and condo buyers. Each unit contains a two car garage so these will live like a primary residence if one prefers to either not rent the property out or spend longer stretches of time in the mountains themselves.

YotelPAD Park City

As one of the newer condo hotel brands to hit the market, YotelPAD will offer 144 uniquely designed spaces to maximize square footage in what are predominantly very small units. The idea here is to maximize community living space and entertaining and optimize the rooms for sleeping and only necessities. They are marketing themselves as “High Performance Resort Living”. Since you are here to ski or golf and stay in the mountains you should be spending most of your time outside and that is what YotelPAD is planning on. These units are within walking distance to the Red Pine Gondola for quick ski access and located just off of the main plaza level where the majority of the commercial space including restaurants and bars are located. For those familiar with the area, the building is located just below the Grand Summit for a quick walk up some stairs to access the mountain.

  • Developed By Replay Resorts
  • Construction Started In 2019 To Deliver Fall 2020
  • 144 "PADs" Or Units 
  • 338- 1,100 Square Feet
  • See YotelPAD Condos For Sale 

Blackstone Residences

The Blackstone condos and townhomes are an offering that have been on the market for a number of years as they have been built in numerous phases. The initial phase was 32 townhomes either in a duplex or fourplex each offering 3 bedrooms and 1,500 square feet with two car garages. These were finished out nicely with hot tubs, Viking appliances, high ceilings, and were released at very attractive pricing. The newer condominium buildings have been coming in phases which offer a number of different floorplans as stacked condominiums within the same area. The Residences will all have access to a community pool with hot tubs and fitness center in the main clubhouse. Access for these units to the mountain can be had by walking over to the lower parking lot at the bottom of Canyons Village and hopping on the “people mover” to the upper village.

 

Juniper Landing

The Juniper Landing development is a unique property in that it started it's first phase a number of years before the rest of the development actually took shape. For years there was only one row of these completed with the rest of the site sitting vacant. Around 2018/2019 the rest of the site started to take shape and sell incredibly well as they offer a great value for new construction in the area and also have nice amenities for it's owners. Situated just behind the Waldorf Astoria these units will have a short walk to the Frostwood Gondola in the lower Canyons Village area. These townhome style units have uphill floorplans that sit right on the golf course of the 9th and 10th fairways for a great year round setting. 

 

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