New condominiums being built in Brown’s Canyon
The Realtor of a large condominium construction project near Brown’s Canyon Road and State Road 248 says four more buildings and additional townhomes are on the way.
Michelle Rider, the Realtor of the properties, called Black Rock Ridge, said the plan is for 111 total condominium units, as well as 160 townhomes to be built in the development. One condominium building is completed and accepting tenants, while one currently being constructed is expected to be finished in January.
The four other buildings will follow, with the next one scheduled to be completed in six to eight months, depending on the weather.
Rider said all but three condos have been sold in the completed building. The units have been used both as homes and rental properties.
"We have a lot of people who buy them as investments," Rider said. "I’d say it’s 50-50 between single-family homes and investments."
The development’s close proximity to Park City is driving the interest in the condos.
"We’re close to Park City without being in Park City and having to pay those prices," Rider said, noting the properties run from $199,000 for a one-bedroom condo to $500,000 for a three-bedroom townhome. "If you go seven miles into Park City, you’re paying a lot more. So people are liking that. You can see the ski resorts from where you sit in the units."
Additionally, the construction of a film studio at nearby Quinn’s Junction — though as of last month it had been temporarily halted — has raised the area’s profile.
"We’ve been slammed," Rider said. "It’s been crazy how many people have come there. Quinn’s Junction being a mile down the road, all the construction is going to come in that direction."
Support Local Journalism
Support Local Journalism
Readers around Park City and Summit County make the Park Record's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User