Talisker Club owners purchase building on Main Street for restaurant and lounge
February 9, 2019
After acquiring the private community Tuhaye and multiple Empire Pass estates last year, Storied Development, LLC, set its eyes on a building closer to Park City's core.
Storied Development, a real estate firm based out of Georgia and owner of the private club Talisker Club, recently announced its acquisition of a building on the corner of Main Street and Heber Avenue that previously housed the restaurant Coal & Lumber. It plans to open a restaurant, bar and member-only lounge in the space.
Mark Enderle, a partner at Storied Development, said he searched for a Main Street building to purchase for about a year. He wanted to offer Talisker Club members a place that was close to downtown shops and to Park City Mountain Resort's Town Lift.
After Storied Development closed on the Talisker Club assets last January, Enderle and his team watched the real estate market closely to see if anything became available. Then, Argentum Sky LLC put the Coal & Lumber building up for sale.
Enderle liked the building's two levels, and its proximity to popular shops on the historic street. He began conversations with Argentum Sky LLC in the summer, and Storied Development closed on the building during the last week of January.
Storied Development plans to remodel the 5,422-square-foot building to include a fine dining restaurant and bar that will be open to the public on the main level. The bar will serve coffee in the morning and wine and other alcoholic beverages in the evening, Enderle said. He has not yet decided what type of food will be served at the restaurant, but he said Talisker Club has accomplished French chefs who will most likely settle on a menu with French influence.
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The lower level will be open only to Talisker Club members. It is expected to include a bar, lounge, ski storage and a patio.
"It's got a great place for the members to hang out together, and it also has a place for them to enjoy being with visitors to Park City who have come to experience the restaurant," he said.
Enderle said the city prohibits Talisker Club from opening an entirely exclusive business, which is why the first level will be open to the public. The previous owners of Talisker Club managed a restaurant on the street called Talisker on Main, and it was also open to the public.
Talisker Club members will be given preference for reservations and access to the restaurant, he said. They may also have the ability to rent the building out.
Enderle said he hopes the new restaurant and lounge will help connect the residents of Tuhaye and Empire Pass, because the two developments are separated from each other.
"Whether you own a condominium at Empire Pass or a lot and a custom home over at Tuhaye, everybody wants to find themselves in downtown Park City," he said. "I think it is going to be the glue that holds the Tuhaye guys and the Empire Pass guys together in terms of a really cohesive club."
He said the company plans to begin renovating the building soon so it can open the restaurant and club in the summer.
Storied Development also plans to expand some of the amenities at its properties in Empire Pass and Tuhaye this year. Enderle said the company plans to add a day spa and expand the kid's program at the Talisker Tower, a lodge located in Empire Pass, and add a pool and an outdoor park at Tuhaye. Storied Development owns private club communities throughout the U.S. and Mexico.
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