Pendry Residences Park City Reaches $180 Million in Sales

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Luxury Residences in Canyons Village Welcomes Ski Season with Only 30 Residences Remaining

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Pendry Residences Park City, a resort and residential development to debut in winter 2021 in the heart of Canyons Village, experiences continued impressive demand as 80% of the residences have been sold, marking $180 million in total sales. Exceeding $100 million in sales in 2020 alone, only 30 residences remain available for purchase within this luxury mountainside development. Offering spectacular mountain views, ski-in, ski-out ease, and access to Pendry Park City’s incomparable amenities and attentive service, Pendry Residences Park City anticipates discerning buyers will purchase the remaining fully-serviced residences by the end of the 20/21 ski season.

Inspired by the natural beauty of the surrounding mountain landscape, Pendry Residences Park City offers a unique collection of fully-furnished residences that marry contemporary elegance and rustic mountain design to present a sophisticated expression of a luxury home. The residences range in size from 437-square-foot studios starting at $645,000 to 2,600-square-foot four-bedroom penthouse residences at just over $3.7 million. Distinct features include open kitchen layouts with Italian Bertazzoni appliances, lock-off options for flexible living, spa-inspired bathrooms, private outdoor balconies, bunk rooms, and generous living spaces perfect for entertaining friends and family year-round.

“Pendry Residences Park City is a unique product within the market, offering homebuyers unmatched amenities and effortless second home living in one of America’s favorite mountain towns,” said Tina Necrason, executive vice president of residential, Montage International. “Combined with Pendry’s dedicated staff, personalized concierge services, and property management, the turnkey lifestyle and residential experience we’re offering at Pendry Residences Park City is second to none.”

At its debut, Pendry Park City will have the first-of-its-kind rooftop pool and bar in the area, in addition to an active apres-ski and an inspired Japanese-American restaurant. Guests and homeowners 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.

“Park City is a dynamic destination that has so much to offer year-round, and Canyons Village continues to be one of the most sought-after areas for luxury residences. Pendry Residences Park City will serve as a basecamp of discovery with a wealth of music, culinary, and retail experiences,” says Brian Shirken, president, Columbus Pacific. “This tremendous sales achievement not only speaks to the team’s expertise and the luxury Pendry brand, but also the incomparable lifestyle and proximity to endless outdoor pursuits we’re providing that is resonating with today’s homebuyers. We look forward to Pendry Residences Park City being the heart of the new Canyons Village upon its opening in 2021.”

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. Please see renderings here.

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 2021 is Pendry West Hollywood, Pendry Chicago, 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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Tatia Pacey
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