Master plan for Canyons Village at Park City Mountain Resort reconfigured
September 6, 2016
The master developer of the Canyons Village at Park City Mountain Resort wants to create a "more cohesive and vibrant village core for all seasons" with the help of a new master plan, according to Larry White, chief executive officer of TCFC Finance Co., the development company that owns the land on which Vail Resorts operates its ski area.
Last week, TCFC and Replay Resorts hosted a community meeting to reveal the details of the new Canyons Village Master Plan for the upper village. Nearly 80 people attended the open house at the Grand Summit Hotel.
"When the Specially Planned Area was created in 1999, it did not take into account grade, slope and other key design factors," White said in an interview with The Park Record. "It also didn't have a strategic development plan about when and how the Canyons Village would be developed.
"We want to reconfigure that plan to where it needs to be," White said. "It puts into play important developments and will create a sustainable resort."
“The pace of development has not been able to sustain restaurants and retail that are really viable to any resort community. The last project that was delivered for the upper village was the Waldorf Astoria in 2009. It has been a really long time, but we have a positive market right now and the opportunity is here.”
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TCFC and Replay Resorts have been working on the plans for developing more than 2.3 million square feet of space since February 2015. Completion of the golf course and an upswing in the real estate market has reportedly put developers in a position to review the design and development of numerous projects this year.
"The pace of development has not been able to sustain restaurants and retail that are really viable to any resort community," White said. "The last project that was delivered for the upper village was the Waldorf Astoria in 2009. It has been a really long time, but we have a positive market right now and the opportunity is here."
Key elements of the reconfiguration show plans for several more hotels, a parking garage and transit hub, skier plaza, aquatic center, a Village Walk that will include stores, cafes and bars, a new lift to serve as an anchor to the Village Walk and approximately 340 workforce housing units.
"In addition to the focus on workforce housing and transportation, we are trying to attract uses that create a broader resort," White said. "Our goal is to create more commercial and real estate uses so this can become an all-seasons resort."
TCFC and Replay Resorts have presented the plan to the various homeowner associations in the Canyons Village allowing to be vetted by a number of groups, White said, adding that "they have supported it and they get it."
"The Specially Planned Area has been in place since 1999. It is not a secret that the area was intended to be developed for the last 20 years," White said. "This is no surprise to anyone who owns property in Park City. All we are doing is looking at it from a sustainability standpoint.
"The retail venues will be of interest to everyone because there will be more choices in restaurants and retail," White said. "I haven't heard any objections overall. We aren't increasing density because we can't use all of the square footage so we are actually reducing it and reallocating it to parcel where it can be better utilized."
If approved, White said construction on the new lift could begin sometime this spring. The lift will start at the junction of North Escala Court and West High Mountain Road. He said planning could will start on a few other projects, including the workforce housing complex, shortly after.
TCFC and Replay Resorts will host another community meeting about the plan at 4 p.m. Wednesday, Sept. 14 at the Grand Summit Hotel.
The Canyons Village Master Plan was submitted to the Summit County Planning Department last week and will be presented to the Snyderville Basin Planning Commission before it can be finalized and approved. A work session on the topic has not yet been scheduled.
To view the Canyons Village Master Plan, go to http://canyonsvillageplan.com/vision/.
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