{"id":6145,"date":"2016-07-22T22:50:41","date_gmt":"2016-07-23T04:50:41","guid":{"rendered":"http:\/\/www.parkrag.com\/?p=6145"},"modified":"2016-07-22T22:50:41","modified_gmt":"2016-07-23T04:50:41","slug":"many-multi-million-dollar-homes-need","status":"publish","type":"post","link":"https:\/\/v2.parkrag.com\/index.php\/2016\/07\/22\/many-multi-million-dollar-homes-need\/","title":{"rendered":"How many more multi million dollar homes do we need?"},"content":{"rendered":"<p>We saw a story in the online magazine The Observer\u00a0entitled,\u00a0&#8220;Live Like It\u2019s Always Sundance at This Chic New Park City Development.&#8221;<\/p>\n<p>When we read the following line in the article, we took notice, &#8220;Those who happen to adore the locale not just for that celebrity-infested period in January might want to check out developer Columbus Pacific\u2019s new Apex Residences Park City, a luxe mountain resort on ten acres in Canyons Village. \u00a0But back to the Apex Residences, which will be comprised of 63 three- to five-bedroom homes. The residences will range in size from 2,080 square feet up to 3,800 square feet.\u00a0The luxe collection of homes ranges from $1 to 3 million, with the option of overlook, plaza, or clubhouse level residences.&#8221;<\/p>\n<p>Sixty three\u00a0$1MM-$3MM residences? Wow.<\/p>\n<p>We always knew that the Canyons were only 25%-30% built out but maybe we were so naive that we didn&#8217;t consider that the remaining 75% of the land would be filled with $2 million condos.<\/p>\n<p>Of course, they have the development rights to build it. What we question is if they build it, will they come? Of course, they&#8217;ve already sold 23 of them, so maybe the answer is yes.<\/p>\n<p>Perhaps the better question\u00a0is, how many people are out there willing to spend $2 million on a second home in Park City? Perhaps more than we thought.With building like this, we better hope so.<\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/nyoobserver.files.wordpress.com\/2016\/07\/unspecified.jpeg?quality=80&amp;w=635\" width=\"635\" height=\"357\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We saw a story in the online magazine The Observer\u00a0entitled,\u00a0&#8220;Live Like It\u2019s Always Sundance at This Chic New Park City Development.&#8221; When we read&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts\/6145"}],"collection":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/comments?post=6145"}],"version-history":[{"count":0,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts\/6145\/revisions"}],"wp:attachment":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/media?parent=6145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/categories?post=6145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/tags?post=6145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}