DEER VALLEY CLUB - Park City, Utah

 

Deer Valley Club is widely recognized in the industry as the very first Private Residence Club that became known as the “country club for skiers”. Located slope side at Deer Valley Resort in Park City, Utah, this club began a trend that in the past 12 years has seen the creation of over 175 similar clubs in North America alone.

 

Deer Valley Club is comprised of thirty (30) two, three and four bedroom, ski-in/ski-out, condominium residences. Shared interest ownership sales were developed for a program that allowed for 6.5 owners per residence with an equitable use plan and reservation system that has become known as the “priority rotating reservation system”, which is now widely used in the PRC industry.

 

Sales of all 195 member interests were completed after approximately two years of pre-sales activity and two years after the completion and opening of the Club. This successful program opened the doors to other similar Clubs such as Austria Haus, Northstar Club and Franz Klammer Lodge.

 

Dave Hanna was a principal in Highland Resorts, the company formed for the creation and development of the Deer Valley Club.

 

Mr. Hanna’s specific involvement:

• Participated in creation of Private Residence Club concept

• Consulted with legal counsel on development of legal structure

• Assisted in creation of Rotating Priority Reservation System

• Participated in development of reservation policies & procedures

• Consulted with architect and developer for creation and design of common areas and amenities

• Participated in selling of Deer Valley Club memberships

• Developed club operating budget

• Interfaced with Deer Valley Resort in creating management structure