PARK CITY, Utah, Jan. 22, 2018 /PRNewswire/
-- Today, Replay Destinations announces a partnership
with YOTEL to develop one of the first YOTELPAD projects in
North America. Located in Canyons
Village at the base of Park City Mountain, the largest ski resort
in the United States,
YOTELPAD Park City will
consist of 144 condominiums, being referred to as PADs.
Replay Destinations, one of the most innovative developers of
destination resort projects, will spearhead the first "for sale"
YOTELPAD in the world, bringing affordable resort living to
North America.
YOTELPAD Park City is a
revolutionary concept of resort living, bringing together modern
design, efficient interior space planning, technology, extensive
indoor/outdoor amenities, and affordability at the base of the
mountain. Leveraging thoughtfully planned amenities designed
specifically for social gatherings, YOTELPAD Park City boasts a seamless indoor/outdoor
amenity experience featuring an outdoor pool, hot tub, and numerous
fire pit areas. The pool deck connects to the indoor social spaces
which will include a Club Lounge, fireplace area, games room, kids
zone and terrace, allowing owners and guests to connect and gather
in a comfortable atmosphere.
Each PAD will be designed with multi-functional
furniture, comfortable work and relaxing areas, bathrooms with
YOTEL's monsoon rain shower, equipped kitchenettes, and large view
windows. As an added benefit, valet service will be provided to
owners and guests for the ultimate in convenience.
"YOTEL was the perfect hotel brand for this new concept in
the resort destination industry and we are excited for Park City to be our first YOTELPAD
development," says Gary Raymond,
Managing Director, Replay Destinations. "We saw an opportunity to
bring innovation and luxury living at an affordable price to ski
resort towns, and the YOTELPAD design provides the perfect
solution. The interiors have been carefully planned so every square
inch is optimized for functionality and flexibility.
YOTELPAD Park City is
situated in the heart of Canyons Village within a short distance to
the main gondola and our price point will be unmatched. The desire
to own a vacation home is a dream for many people, but the cost of
ownership is often prohibitive. Our goal is to bring affordability
through innovation. Your resort PAD will start at $275,000 and we anticipate 70% of the PADs being
offered below $325,000."
Acting in the master developer role for Canyons Village on
behalf of TCFC, the primary owner of Canyons Village, Replay
Destinations has worked closely with the local community to design
a revitalized master plan for the village. The new master plan will
include shops, restaurants and gathering places that will be part
of the overall transformation of Canyons Village. YOTELPAD
Park City is situated within the
upper village portion of the master plan.
Starting at $275,000, the Park
City PADs are considerably less expensive than any other new
condominium developments in the Park
City area. With a design concept that allows owners and
guests to efficiently store all their four-season toys—skis,
boards, bikes and golf clubs—in strategically placed areas,
YOTELPAD Park City makes
for an optimal and affordable resort residence.
"YOTELPAD will transcend traditional boundaries with a
blend of hotel-quality standards and home-like comforts, all
achieved through our signature design DNA making the most out of
compact spaces," says Jo Berrington,
YOTEL VP Brand. "Not only does this allow each guest to have a
fully functional private PAD, but with the added benefit to work,
connect, relax and socialize in multifunctional and fun spaces,
creating a strong sense of community."
YOTELPAD will launch globally with five projects already
confirmed in North America,
Europe and the Middle East. YOTELPAD Park City will be followed closely by two
YOTELPADs in the Geneva Lake region. In addition, YOTEL
Miami and YOTEL Dubai will also feature YOTELPADs as part of
their developments.
Professionally designed and fully furnished, the Park City PADs
will be sold through a Priority Reservation Program this ski season
with prices starting at $275,000.
Berkshire Hathaway Home Services is the listing agent.
For more information, please visit www.yotelpadparkcity.com.
About Replay Destinations
Replay Destinations is a fully integrated destination
development company headquartered in Vancouver Canada, and operating in the
continental United States,
Hawaii, Mexico, and the Caribbean. Replay's team of strategists,
planners, designers, builders and operators develop and operate
authentic and enduring places that become must-visit destinations
for guests and potential real estate purchasers alike. Working with
visionary private equity firms, landowners, municipalities, other
developers and families with legacy holdings, Replay creates places
that the marketplace thinks of first and likes best, which in turn
enhances the market awareness and economics of the destination. The
founder and partners of Replay are select key senior executives
from Intrawest Corporation, which was the largest publically listed
four-season destination resort developer in the world, with more
than 18 destination resorts globally. Intrawest Corporation was
sold to private interests in 2006 and Replay Destinations was
established in 2007. For more information visit
www.replaydestinations.com
About YOTEL
Inspired by the luxury of first class travel and
uncompromisingly designed around guests, YOTEL takes the essential
elements of luxury hotels into smaller, smart spaces and deliver a
sense of community with areas for co-working, social gatherings and
exercise. Premium Cabins include YOTEL's signature adjustable
SmartBed™ with rejuvenating monsoon rain showers and a Technowall
with adjustable mood lighting and smart TVs, multi power points and
easy connectivity. YOTEL currently operates four airport hotels
under the YOTELAIR brand in London Gatwick, London Heathrow,
Amsterdam Schiphol and Paris,
Charles de Gaulle airports; and
three city hotels in New York,
Boston and Singapore. YOTEL is expanding rapidly with new
hotels under development globally, including a YOTELAIR in
Singapore Changi Airport and new
city hotels in San Francisco,
London Clerkenwell, Dubai,
Edinburgh, Miami and Amsterdam. YOTEL's major shareholders include
the Al-Bahar Group, IFA Hotels & Resorts, Starwood Capital
Group, United Investment Portugal and Kuwait Real Estate Company
(AQARAT). YOTEL was created by YO! founder Simon Woodroffe OBE, who
inspired by first class travel, translated the language of luxury
airline travel into a small but luxurious cabin (www.yo.co.uk).
Media Contacts:
Todd
Patrick, Director of Marketing & Sales, Replay
Destinations
TPatrick@replayresorts.com
778-385-3974
Betsy Carlson, Mfa PR
bcarlson@mfaltd.com
212-561-6466
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SOURCE Replay Destinations