Pendry Residences Park City Surpasses Half-Sold Mark in First Year

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Year-Round Luxury Residential Resort Development in Canyons Village Demonstrates Demand and Exceeds $100 Million in Sales

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Pendry Residences Park City, a resort and residential development to debut in the heart of Canyons Village at the base of Park City Mountain in 2021, has captured the attention of discerning buyers with an impressive new milestone as more than half of the residences are now sold. Since the launch of the project’s residential sales program in Spring 2019, over $100 million dollars has been sold.

Elevating the new modern standard for refined mountain living, Pendry Residences Park City offers a collection of fully-furnished residences. These homes range in size from 448-square-foot studios starting at $595,000 to 2,600-square-foot four-bedroom penthouse residences at just over $3 million. Amongst the remaining residences available is a featured townhome floorplan – a two-story 2,100-square-foot residence featuring an oversized double bunk room, an open kitchen with Italian Bertazzoni appliances, a lock-off bedroom feature, generous living space for entertaining friends and family, as well as north-facing views providing a distinctive gathering place.

“Pendry Residences Park City offers homebuyers effortless second home living in a dynamic setting with unrivaled residential experiences,” said Tina Necrason, executive vice president of residential, Montage International. “By blending these amenities with Pendry’s dedicated staff, personalized concierge services, and property management, we are introducing a unique product to the market that is highly sought after.”

Upon opening, the resort will have the only rooftop pool and bar in the area, as well as an inspired Japanese-American restaurant that will offer mountain fare, steaks and chops, along with authentic Japanese sushi. Guests and residential owners will also have access to a family-friendly Rec Room with relaxed American cuisine and arcade games, as well as Spa Pendry with eight treatment rooms; a fitness center; Pinwheel Kids Club; more than 7,000 square feet of indoor meeting space, including a 4,000-square-foot ballroom and direct access to a vibrant pedestrian Canyons Village and over 7,000 acres of explorable terrain.

“Canyons Village continues to be one of the most desirable neighborhoods for luxury residences in Park City with a master plan that will offer a wealth of experiences from live music and cultural events to curated dining and shopping, along with year-round outdoor pursuits,” says Brian Shirken, president, Columbus Pacific. “We celebrate this momentous sales milestone and look forward to Pendry Residences Park City being the heart of the new Canyons Village upon its opening in 2021.”

Construction is well underway on Pendry Park City with progress on the lobby, ski and pool buildings, as well as with the structural concrete on underground parking, amenity spaces, and the first levels of the residences.

At the forefront of the larger upper Canyons Village master plan and only 35 minutes from Salt Lake City International Airport, Pendry Park City will become the social hub of Canyons Village at its debut.

For more information about Pendry Residences Park City, please visit http://www.pendryresidencesparkcity.com.

About Pendry Residences
Pendry Residences is a bespoke collection of private, whole ownership residential offerings at select Pendry Hotels & Resorts, a new luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service. Created for discerning homeowners, each residential offering infuses a unique perspective on contemporary style that blends with the arts and local community. The Pendry Residences portfolio under development includes: West Hollywood, California; Natirar, New Jersey; La Quinta, California; and Park City, Utah. For additional information on residential opportunities, please visit http://www.pendry.com/residences.

About Pendry Hotels & Resorts
Pendry Hotels & Resorts is a new luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service tailored to today’s cultured world traveler. Founders Alan J. Fuerstman and Michael Fuerstman's well-seasoned experience in the hospitality industry serves as the foundation for the brand. Each property is injected with a unique perspective on contemporary style, and an emphasis on the arts and local community in the city it calls home. The portfolio of hotels includes Pendry San Diego and Sagamore Pendry Baltimore. Opening in 2020 is Pendry West Hollywood, opening in 2021 is Pendry Manhattan West and Pendry Park City, opening in 2022 is Pendry La Quinta, Pendry Natirar, and Pendry Washington D.C. – The Wharf. Pendry Hotels & Resorts is a member of Preferred Hotels & Resorts. For more information on Pendry Hotels & Resorts, follow @pendryhotels or visit http://www.pendry.com.

About Columbus Pacific
Columbus Pacific has completed over $2 billion of real estate investment and development over the past 20 years, and focuses on providing mindfully crafted living, shopping and gathering spaces across the continental U.S. The growing portfolio includes the iconic Kimball Arts Center, Apex Residences at the top of Canyons Village and the Viridian Townhomes on the fairway at the Canyons Golf Course, all in Park City, Utah. Columbus Pacific brings consistent, hands-on attention to detail, focus on exceptional properties, high quality construction and delivery, and devotion to current architectural design and market trends. http://www.columbuspacific.com

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Chrissy Bruchey
C&R PR
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