Real Estate Investment Trends in Park City, UT

Flagstaff - A New Project at Empire Pass at Deer Valley

East West Partners, developers of the Village at Empire Pass, recently announced the sale of its Flagstaff Condominium project at Empire Pass. The 37 units will be completed in the late spring of 2009. Finishes include walnut floors, travertine floors, copper tiles, marble countertops, 2-3 fireplaces and a "bunk room" which features separate contained beds with curtains and mini-flat screen televisions, internet access and DVD players. There will also be additional owner amenities, including a pub, a daily continental breakfast and exercise room, and a live-in groundskeeper and full time concierge. Prices range from $2 million-$6 million. John Calhoun, Vice-President of Sales and Marketing with East West Partners, told the Park Record, "We're at the highest end of the game. This is expensive real estate. They are marketed to very successful people who are rewarding themselves for their successes." The project is ski in/out and owners will automatically become members of the Talisker Club and have on-mountain access to The Tower Club.

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