FOR IMMEDIATE RELEASE
October 15, 2014
Media Contact:
Hilary Reiter
Redhead Marketing & PR
435.901.2071 | [email protected]

PARK CITY, UTAH SKI AREAS ANNOUNCE MAJOR ACQUISITIONS AS CONSTRUCTION BEGINS ON THE TOWN’S FIRST ECO-FRIENDLY RESIDENTIAL DEVELOPMENT

Echo Spur to Feature Seven Luxurious, “Green” Homes in the Heart of Old Town

PARK CITY – While dramatic announcements came from the ski industry, including Vail Resorts’ purchase of Park City Mountain Resort and Deer Valley Resort’s acquisition of Solitude Mountain Resort, construction began on the environmentally-friendly Echo Spur residential development in the town’s highly coveted Old Town neighborhood. One of the last remaining multi-lot developments in the historic district, Echo Spur invites owners to “take control of their environment” with the dual objective of minimizing external water and energy demands in a user-friendly and cost-effective manner.

Echo Spur’s plans consist of seven eco-friendly, “mountain modern” homes situated on sunny Rossie Hill along a private street. The developers are utilizing the latest solar, superinsulation and water management strategies to reduce the cost of homeownership and provide a superior living experience and environment.

“There have been dramatic changes in regards to the economics of home construction, but with the residential real estate market still emerging from the recession, these changes are not well understood by the buying public. Our goal with Echo Spur is to promote the fact that it makes practical and financial sense to own a sustainable home that reduces the monthly costs of homeownership by 70 to 90 percent” explains developer Sean Kelleher, a Park City resident. “This is a groundbreaking project for Park City that complements the municipal government’s mission for the community to become increasingly sustainable. We hope Echo Spur sets an example for future development.”

Echo Spur is within easy walking distance of Historic Main Street’s shops, galleries and restaurants, as well as the Transit Center. The development has expansive views of Old Town, Park City Mountain Resort and Deer Valley. Homes will range in size from 2,700 to 3,500 square feet with versatile layout options that include three to four bedrooms, state-of-the art gourmet kitchens and outdoor entertaining areas with hot tubs and gas fireplaces. “Green” rooftop decks can be used as gardens or patios. Eco-friendly features include super insulation, solar panels, rainwater harvesting, and smart phone- and iPad-controlled lighting, temperature and security.

“The development of Echo Spur coincides with a new dynamic in Park City,” says Kelleher. “With Vail Resorts now a major player in Park City, and their plans to create the largest ski resort in the United States by connecting Park City Mountain Resort and Canyons, we’re likely to see a steady increase in tourism and therefore real estate demand. Deer Valley has also purchased Solitude, and is actively working on a plan to run a gondola from Deer Valley Resort to a location in Old Town that’s literally steps from Echo Spur. Longer term, there’s talk of linking all seven Wasatch resorts and developing better transportation options from Salt Lake to the resorts. Park City’s economic health will be supported by these developments.”

Echo Spur homes are offered by Berkhshire Hathaway HomeServices Utah Properties and range from $2.7 to $3.5 million with a five percent discount offered to the first homebuyer. For more info, visit www.echospur.com.

About Echo Spur
Located in the highly coveted Old Town neighborhood of Park City, Echo Spur is one of the last multi-lot developments in the historic district. Seven contemporary, eco-friendly homes will utilize the latest solar, superinsulation and water management strategies to reduce the cost of homeownership and provide a superior living experience. Old Town’s first sustainable development, Echo Spur is within easy walking distance to Main Street’s cultural offerings and hundreds of miles of trails. It is within one mile of world-class ski areas Park City Mountain Resort and Deer Valley Resort and three miles from Canyons Resort. Park City is a convenient 35 minute drive from Salt Lake City International Airport. Two percent of home lot sales will be donated to the Park City Community Foundation and Kimball Art Center. For more info, visit www.echospur.com.