Condo Hotel Set for Park City, UT
PARK CITY, UT, May 23, 2006. Work has begun on a condo hotel in the old part of Park City and it's unusual in several respects, according to a local report.
Called the Sky Lodge, it's the first such luxury hotel in that part of Park City, which was created in the mining days and still has many original buildings. The 76 timeshare units have been sold in five shares, with the maximum prices hitting $2,000 a sf. That price is on par with Aspen, reports the developer, Bill Shoaf. Fifty percent of the units have been presold, he said.
Furthermore, because it is surrounded by older buildings, the developer was forced to accommodate them by adding step-backs in the hotel's height. Among the other buildings are an old railroad depot, a coal and lumber station and even a tack shed that, in a curious shift, is to be moved and transformed into a Japanese-inspired spa.
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