CVMA is proud to announce that Columbus Pacific Properties (CPP) has been chosen as the developer for employee housing, one of our core initiatives. Columbus Pacific, an existing developer within the Canyons Specially Planned Area (SPA) with projects such as Apex Residences, Viridian and the recently announced Pendry Park City, will bring a vast array of proven experience and innovation to this project.
Employee housing accommodations will be located on eight acres in the Lower Village (LV6-A), adjacent to the Cabriolet lift and Transit Hub, and will accommodate a minimum of 1,107 employees. While the deadline to complete employee housing is December of 2023, both parties are optimistic it may be completed sooner.
In its initial submittal, CPP stated, “With a passion for the Canyons Village community, CPP’s vision is focused on an integrated, mountain contemporary design, environmentally-conscious construction techniques and luxury amenities. The development is centered on the resident experience to both attract and maintain high-quality individuals and families to live and work at Canyons Village. With 20+ years of real estate, development and operational experience, a commitment to the Park City community and a national team of qualified professionals, CPP aims to develop CVMA’s workforce housing to a Class A standard.”
CPP, which has partnered with Elliott Workgroup and Homestead U (for architectural, planning and development services), has a portfolio value exceeding $1 billion and a strong, successful track record in building projects similar to this workforce housing project, including 14 student housing properties (with over 4,000 units / 10,000 beds) and 14 retail centers (with almost three million square feet of commercial properties). This development team also has local experience, involving what has become a $500 million Park City area development portfolio. For more info, visit CPP at: https://www.columbuspacific.com/
CVMA and CPP will now begin the comprehensive process of finalizing the design, configuration, amenities and more with its employees, stakeholders and vested members to ensure it provides the best value and opportunity for everyone.