Storied Development LLC, a Watkinsville, Georgia-based developer and marketer of private-club communities, has acquired Park City’s Talisker Club. The transaction includes the Tuhaye golf and boating development, the Tower Club and residential sites in Empire Pass near Deer Valley. The seller was Redus LLC, a subsidiary of Wells Fargo Bank, which had previously sold the Bonanza Flats development in July. Financial details of the deal were not disclosed.
{mprestriction ids="1,3"}Tuhaye is a 2,000-acre community nine miles east of Park City on the Jordanelle Reservoir. It features a Mark O’Meara Signature golf course, clubhouse, spa, fitness, kids’ camp, tennis courts, hiking trails and outdoor-activity programming. Empire Pass is anchored by the Tower Club, a private on-mountain club with a full-service ski locker facility, a kids’ program, heated pools, spas and fitness.
“The Talisker Club lifestyle is incomparable,” said Mark Enderle, a partner in Storied Development. “Few places have the caliber of four-season amenities offered with the club, not to mention the proximity to a village with the charm of Park City. We look forward to working closely with our members, the local brokerage community and engaging the national market to re-introduce the Talisker Club.”
“The properties associated with the Talisker Club are among the premier residential offerings in the West,” said Storied Development partner Mark Yarborough. “With a refreshed vision, an infusion of new capital, and a commitment to providing remarkable experiences for members, their families and guests, there is no limit to Talisker Club’s potential.”
Plans for a limited new property release are slated for mid-2018, said Enderle. New construction at Tuhaye is set to begin this spring.
{/mprestriction}
