A new gondola has certainly made its mark on the world famous Park City real estate market and the nearby ski resorts. This new gondola was designed to connect the Park City Ski Resort with the Canyons Ski Resort. This newly made connection has in turn made the Park City Mountain into the largest ski resort in the entire United States of America.
Sitting a the very base of the mountain is Canyons Village which is home to a bustling neighborhood including fine dining, shopping as well as bars and clubs. This area is also home to a residential neighborhood known as “The Lift”. All this development has re-made the Park City Ski resort into one of the most desirable real estate markets in the country.
Park City living combines fantastic luxury real estate with world class skiing in the winter and golfing in the warmer months of the year. Canyons Village boasts sixty-one ski in and ski out type residences that are located in the very center of the village itself. This makes it very convenient and easy to hit the slopes in the morning and then hit the hay at the end of the day.
The Park City metro area currently adds $529,800,000 yearly to the Utah Economy as a tourist destination. $80,000,000 of this amount comes from the Sundance Film Festival. Deer Valley Resort and Park City Mountain Resort are both major attractions to the area.
Park City hosts the Sundance Film Festival which is the largest independent film festival in the United States of America. Park City also boasts numerous retailers, clubs, bars, and restaurants. Moreover, the Park City metro area contains many beautiful natural features including pristine reservoirs, hot springs, untouched forests with spectacular hiking and biking trails throughout.
There can be no doubt that within the world of Park City real estate there is an inordinate demand for contemporary style homes. In fact, this demand for the sale of contemporary homes in Park City has grown significantly over the past few years. The impetus for this increase in demand is that more and more luxury home buyers are seeking mountain getaways which include horizontal lines as well as large windows that work to bring the outdoor scenery into the house. Luxury home buyers are also interested in organic, timeless materials to be incorporated into their mountain refuges.
There are many examples of these types of contemporary, luxury dwellings. For example, many home buyers enjoy the Stein Eriksen Luxury Ski-in Ski-Out Residences for Sale in Upper Deer Valley. Other luxury home buyers prefer the One Empire Pass Contemporary Ski Residences in Empire Pass. Still others prefer the LIFT Park City Residences. Many people are enjoying the APEX Residences for Sale in the Upper Canyons Village Core. Numerous people find refuge living in the Juniper Landing Town homes. Beautiful accommodations can be found at the Frostwood Golf and Ski Villas for Sale as well as Fairway Springs Ski and Golf Villas for Sale in the nearby Frostwood area of the Canyons Village. One of the most popular areas for luxury, contemporary homes is the majestic Enclave at Sun Canyon Town homes and Single Family Homes in the Bear Hollow and Sun Peak Neighborhood as well as 205 Main Street. Last but not least, the Parkite and The Roundabout developments in Old Town are not to be missed either.
In recent years, the real estate market in Park City has responded to this spike in demand for luxury contemporary residences for sale by providing a vast inventory of product to choose from.
The Park City area has seen a recent growth in business. Business infrastructure such as office buildings however, has not yet caught up to the demand for office suite Park City. As a result, it’s important for companies and individuals who want to start businesses to plan in advance when searching for office suite Park City.
Construction is currently underway to meet the increased demand for business space but for those who have an urgent need to find a new office space, they must be constantly on the lookout for openings. With a longer-term view in mind, the prospects are much better. Office suite Park City options currently tend to be outdated. New business suites that are in the pipeline for the near future will be more modern and be able to better accommodate business firms operating in today’s environment.
It can be hard to find offices in Park City also because of the lengthy contracts that most current Park City business suites employ. This means that the businesses who occupy business suite real estate are forced to abide by the terms of the contract and stay longer than in other comparable locations.
Once construction gets underway and more office complexes are completed in the Park City area, it will measurably alleviate these problems. However, until then, businesses must be aware of office space openings by keeping in close contact with real estate firms and business property owners so as to be able to be the first to take advantage of any potential properties that go up on the market. The lack of business offices in Park City was indeed due to a lack of foresight and planning. It was also a failure on the side of real estate developers to realize just how much the demand had grown. That however, is the reality and businesses must adapt to the current environment and real estate market.