PARK CITY PRIVATE COMMUNITY, PROMONTORY CLUB, REACHES RECORD SALES IN 2021 AND SHARES ANNOUNCEMENTS FOR FUTURE DEVELOPMENT PLANNED IN 2022

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PARK CITY, UTAH, January 10, 2022 /PRNewswire/ — Promontory Real Estate broke record sales volume for the second consecutive year. Representing over 30% of all land and home sales in park city, Promontory closed a file $533 million and wear another $120 million pending transactions through 2022. This is compared to the previous record of over $465 million in 2020. Back-to-back record sales years are staggering compared to pre-pandemic numbers from 2019 to $214 million for the year.

The terrace of The Shed, one of the Promontory pavilions

Promontory Club has become an obvious choice for many families who value abundant outdoor recreation and rugged amenities offerings, proximity to the Salt Lake City International airport, and thoughtful and exquisite architectural design throughout the property. Future amenities announcements, to add to the current offering of fourteen world-class amenities, include a new short course, putting course, indoor golf learning center, adventure building, another tennis and additional facilities for the club. In all, Promontory to another $75 million planned equipment that will only further distance itself from the competition.

“My vision was to create an unparalleled world-class mountain retreat for multi-generational families with an extensive range of amenities and programs designed to be enjoyed year-round,” said Promontory developer Francois Najafi of the Pivotal Group. “This record-selling business has solidified us as a desirable haven for new buyers and longtime members who want to be with their young children, adult children, and grandchildren. Families find solace in the way which they can connect to in the midst of an expansive retreat that offers security and variety with five restaurants and numerous on-site leisure offerings.”

As 2022 promises to be just as dynamic to welcome new families, Promontory has plans to release eight new neighborhoods with options for custom real estate sites and homes to build from Promontory new construction division, Promontory HOMES. With the complex and multi-layered offerings of PromontoryPromontory Real Estate’s in-house experts, a team of eight stellar real estate agents, led by the Director of Sales, Chris Messikare an asset to potential incoming buyers and the estate agent community.

Starting this year, Promontory Real Estate will be supported by Berkshire Hathaway HomeServices as the office listing broker. Locally owned and operated since 1976 as Berkshire Hathaway HomeServices Utah Properties and its predecessor companies, Utah Properties has been a leading force in the development of Park City’s real estate market.

Steve Roneyowner and CEO of Berkshire Hathaway HomeServices Utah Properties, provided insight into the importance of Promontory join the fold by noting, “Promontory is known for its excellence as a luxury home community with world-class amenities and endless activities; promising a lifestyle based on outdoor recreation and a legacy where friends and families can form lasting bonds. Promontory is a place where people want to be. We at Berkshire Hathaway HomeServices Utah Properties look forward to supporting this exceptional development. »

ON PROMONTORY
Promontory is an award-winning 7,200-acre recreational second home and private mountain community in Park City, UT. Promontory The expansive mountain setting offers various year-round amenities and activities for the multi-generational family. The community consists of 1,924 residential sites with stunning mountain views. Over 700 houses have been built and there are approximately 850 members of the private Promontory Club. eight of Promontory 34 distinct neighborhoods feature homes built by developers, known as Promontory HOMES. These include the new modern portfolio of homes within the Pinnacle at Promontory district. For more information, visit www.promontoryclub.com.

ABOUT BERKSHIRE HATHAWAY HOME SERVICES UTAH PROPERTIES
Berkshire Hathaway HomeServices Utah Properties is an independent residential, commercial and advisory real estate services company founded in 1976. With offices throughout Wasatch Front, Wasatch Back, Logan, Moaband Saint George, the company has a long track record of market dominance and reliability. Under the name of Berkshire Hathaway, the company occupies the first position in from utah real estate market and maintains a historic commitment to community-oriented service. For more information, please visit their website at www.bhhsutah.com.

Media Contact:
Hilary Reiter
Promontory Public Relations
PR@promontoryclub.com | 435.901.2071
www.promontoryclub.com

Pictures here: https://www.dropbox.com/sh/nqb73ks2aj9lp3e/AABKNWcXAX33YSy447VYUZt0a?dl=0

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