Extell Development Company announced the sellout of the private residences at Grand Hyatt Deer Valley, Utah. Located in the new Deer Valley East Village, Grand Hyatt Deer Valley is slated to open this November, marking the debut of the Grand Hyatt brand in Utah and the first luxury hotel within Deer Valley East Village. Extell is the company that was initially behind the expansion of Deer Valley Resort in what was initially known as the Mayflower Mountain Resort. In August 2023, Deer Valley acquired the resort project from the real estate developer while Extell will continue to build hotels, a range of luxury ski-in-ski-out homes as well as a commercial downtown area that is envisioned to be similar to Park City’s Historic Main Street.
“I’m proud to announce that all 55 of the available private residences at Grand Hyatt Deer Valley have officially contracted,” said Sheila Hall, Associate Broker at Summit Sotheby’s International Realty and lead sales agent for Deer Valley East Village. “The combination of Extell’s track record and the excitement surrounding the Residences at Grand Hyatt Deer Valley has set the tone, creating even more buzz around the expansion project. Other residential offerings are currently available, with future luxury projects coming down the pipeline. This is just the beginning for the East Village.”
Situated 40 minutes from the Salt Lake City International Airport, Deer Valley East Village will anchor Deer Valley’s major terrain expansion and provide a modern base and gateway to 3,700 acres of expanded ski terrain—more than doubling the size of the resort and making it one of the largest ski resorts in North America. The expansion features 16 new chair lifts and a 10-passenger gondola. The Village’s many year-round attractions will include fine dining, shopping, entertainment, an array of recreational activities, a children’s center and one of the largest ski beaches in the world.
Grand Hyatt Deer Valley will consist of 381 hotel guest rooms, 55 luxury residences, and more than 60,000 square feet of conference, dining and entertainment spaces with operation commencing for the 2024/2025 ski season. Grand Hyatt Deer Valley’s prime location in the East Village will provide easy access to the slopes and state-of-the-art conference facilities. Residents and guests will enjoy world-class dining options, including a rustic American Brasserie by renowned Chef Marc Marrone, a family friendly Après Living Room, a vibrant live music venue and a coffee outpost. Grand Hyatt Deer Valley is open for reservations from November onward.
“The sales success of the Residences at Grand Hyatt Deer Valley is a testament to the market’s anticipation of Deer Valley East Village,” said Gary Barnett, Founder and Chairman of Extell Development Company. “As the first for-sale development within the Village, buyers recognized the value of investing in what will become a world-class destination, attracting the world’s best brands in terms of lodging, dining and retail amenities. We expect Deer Valley East Village to become the crown jewel of Utah and attract visitors and residents from around the world.”
Extell is underway on additional luxury residential, hotel and retail properties, transforming the resort experience along Deer Valley’s eastern footprint. The alpine village is expected to bring 2,000 new jobs and is the first resort development expansion project of its kind since 1981.
Extell is going from destroying affordable housing in NYC to doing the same thing in Utah? when will they stop trying to line their pockets with millions and focus on the majority of people who cant afford to live?
Luxury development instead of affordable housing is not sustainable
Extell needs to get their priorities straight and stop hurting the people who call NYC home. We need to end this housing crisis not spread it.
Uh-oh, Extell is expanding the housing crisis to Utah. The people don’t need another luxury development, they need affordable housing.
Extell is taking its evil operations from NYC to Utah… haven’t you done enough!?!??! #blamegaryforit
Be careful, Utah… NYC has seen Extell before and we didn’t like the ending. http://www.blamegaryforit.com
Be careful, Utah… NYC has seen this Tory before and we didn’t like the ending. http://www.blamegaryforit.com
Considering Extell’s involvement in the NYC housing crisis it’s shocking that they would flee to another state for even more luxury development. This is the last thing that they should be doing right now
New York wasn’t enough, so now Extell’s going to take their housing crisis national. Watch out Utah, you don’t want to see what happens next!
Extell, please stop building luxury developments when people are struggling to pay rent! blamegaryforit.com
Extell expanding its reach is not a good sign! Let’s remember how they’ve ruined New York housing for ordinary residents.