2019 PROJECT READY - LoopNet...Ranch. Mackay named it to reflect his Scottish heritage, and the word...

The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. UTWasatch195948 - 4.2.2019

Zachary Hartman | [email protected] North Business Park Loop Road, Suite 12, Park City, Utah 84098 ph. 801.573.9181 | www.landadvisors.com

2019 PROJECT READYNEW LOT OFFERING WASATCH COUNTY, UTAH

LOCATION Located on the Jordanelle Reservoir between Deer Valley & Victory Ranch in Wasatch County, Utah

SIZE ±2,335 acres / 1,687 lots

LOTS 2046 ERUs

ZONING Residential

COMMENTS 2018/ Project Ready

BENLOCH RANCHTABLE OF CONTENTS

Record of Survey Page 3

Final Conceptual Site Plan Page 4

Benloch Ranch Lifestyle Page 5

Entrance Perspective Page 8

Bridge Concept Page 9

Surrounding Development Map Page 10

Jordanelle South Area Map Page 11

Property Overview Page 12

Location Overview Page 14

Utah Economy Page 15

Property Area Maps Page 16

Property Photos 0

BENLOCH RANCHRECORD OF SURVEY JANUARY 2018

| 3 | Table of Contents

BENLOCH RANCHFINAL CONCEPTUAL SITE PLAN

May 30, 2018 scale 1” = 500’north 0’ 250’ 500’ 1000’


BBENLOCH RANCHREDEFINES LIVING WITH NATURE & RECREATION

A PARK CITY COMMUNITY ON THE HORIZON

Jamie Mackay, CEO of Momentus Investments, has an inimitable personality matched with a desire to disrupt traditional forms of mountain living. A native of Jackson, Wyoming, Mackay’s enthusiasm, insight, and knowledge of sustainable, efficient living paired with innovative architectural design is what triggered his dream of creating a mountain community for people who were looking for an attainable quality of life.

Mackay began his quest for land in the Park City area by forming relationships with

land planners, engineers, and architects. He also collaborated with local planning staff

and elected officials to ensure that all aspects of his development met county

requirements. This is the catalyst that has created what is now known as Benloch

Ranch. Mackay named it to reflect his Scottish heritage, and the word means “mountain

lake.” This 2,300-acre property, with views of the Jordanelle Reservoir, is a stunning

location unlike any other in Utah, situated between the Wasatch and Uinta Mountains.

Benloch Ranch is unique. Not only because of its ideal location, but also due to its primary

goal to provide sustainably-built homes that encourage residents to take advantage of

a vast array of recreational opportunities. Mackay believes that integrating trails and park-

like settings is an excellent way to contribute to a healthy and livable community.

“I’m working towards communities with a sense of place, where within a few steps or a few

minutes, homeowners and their families are able to enjoy biking, hiking, running, golfing, and

horseback riding in addition to camping, kayaking, fishing, skiing, and so much more. Part

of the planning process involves getting cars off the road and keeping as many amenities

a community might require on property. And, to provide gathering areas, commercial entities,

and in this case, interconnectivity to Deer Valley Resort with its over 100 miles of trails.”

BY JENNY WALTON

“I’M WORKING

TOWARDS CREATING

COMMUNITIES WITH

A SENSE OF PLACE,

WHERE WITHIN A

FEW STEPS, OR A

FEW MINUTES, HOME-

OWNERS AND THEIR

FAMILIES ARE ABLE

TO SKI, FISH, BIKE...

AND SO MUCH MORE.”

–Jamie Mackay, CEO, Momentus Investments


Mackay is also keenly aware of this endeavor’s environmental

impact. Aside from delivering a beautiful location and quintessential

mountain modern architecture, Mackay understands that land use

comes with responsibility in the form of conservation. He is currently

in discussions with nationally recognized Utah Lands, a land trust

association with the mission to “protect Utah’s natural heritage

and quality of life by assisting landowners in preserving agricultural,

scenic, recreational, historic, and wildlife values.”

Mackay also understands his motto, “living large with less,” is part

of the blueprint towards a healthier way of life for all, not only in our

everyday lives but in our global understanding of a sustainable

future. These turnkey high-end homes on approximately one-quarter

acre to one acre will range from $600,000 to $900,000, whereas

a larger home just a stone’s throw away and often left vacated half

the year is priced in the $3.5M range, which for many residents in

the Park City/Salt Lake City area is unattainable. The best part about

building homes with environmentally-friendly materials, better

insulation, and high R-values is that we are reducing our carbon

footprint and offering a home that is 35% less than the average

home in the Valley. This feels right for the area and for our future.”

Mackay’s development group, Momentus Investments, a firm that

is conceiving similar community projects in Wyoming, Colorado,

Texas, Florida, and Hawaii, agreed upon three pillars of development.

“First, it had to have, innovative, forward-thinking architecture with

indoor and outdoor living space,” Mackay cites. “Think timber,

stone, large steel windows and doors, outdoor decks, that bring

the outside in. Second, the development had to approach the

natural surroundings,” he continues, “and the residents had to be

able to capitalize on an immersive adventurous lifestyle in a healthy

environment, with room for multiple two- to four-acre lakes for

fishing, paddle boarding, and all water activities. And there are

designated multi-use areas for everything from bike and cross-

country ski rentals to community multiple gathering spaces for

homeowners,” adds Mackay.

The proposed architecture is two parts mountain modern and one

part clean contemporary. Although the project is in its early

conceptual phase, previous work by both Mackay and Farmer

Payne Architects shows that there will be an abundance of creativity

and collaboration, essential ingredients for a planned community.

“BENLOCH RANCH IS DRIVEN BY THE VALUES OF THE TOPOGRAPHY, LOCATION, AND SPACE TO DESIGN THE SIZE AND SCALE OF YOUR PERFECT HOME.

AS WE ALL KNOW, SUSTAINABILITY IS THE WORD OF THE DAY, ALTHOUGH WHEN WE GET RIGHT DOWN TO IT - IT’S ABOUT WHAT YOU NEED AND WHAT SUITS YOUR LIFESTYLE. BENLOCH IS A COMMUNITY STRATEGICALLY DEVELOPED TO EVOLVE WHILE SUPPORTING YOUR CURRENT CHOICE TO LIVE WITH AS LITTLE AS YOU NEED - AND EVERYTHING YOU COULD EVER WANT.”–Jamie Mackay, CEO, Momentus Investments


“Our designs are unique, but unobtrusive,

fresh, and still refined, and each project is

informed by place. The surrounding

landscape, weather, and region influence

the buildings we design. Our work often

blurs the lines between indoors and

outdoors, creating spaces that seamlessly

merge with the landscape,” says Farmer

Payne principal Jamie Farmer.

Exteriors show large windows for plenty of

light to draw nature inside. Interior spaces

merge with patios and outdoor decks so

that seasons can be fully experienced.

Approachable design with wellness in mind

is embedded into the plans. Lifted and

cascading roof lines create connections

to other parts of the home, while sliding

doors open to courtyards and common

areas for entertaining. High ceilings,

skylights, and fireplaces are scaled to

heighten the sense of space. Private areas

like bedrooms are positioned in an adjacent

area for privacy. Healthy building materials

will be utilized in the forms of non-toxic

woods, tiles, paints, and finishes, and

products will be carefully curated and

chosen for their life cycles. Mackay states,

“We want homes to last. To be designed

for healthier living and useful space. There

are infinite ways to achieve this with

durable, high-end materials that inspire,

nurture, and benefit society and nature.”

Mackay’s history of real estate developments

total more than $230M throughout the

Rocky Mountain region and have

transformed communities. Benloch Ranch,

with its goal of building homes at a price

point that is more attainable than

surrounding properties, is where a

community of recreation-lovers can live with

exceptional amenities in an environment

that advocates sustainability and wellness.

It’s just one more way that Mackay is

continuing his reputation of influencing how

we live in the Mountain West.

April 11, 2018 scale 1” = 500’north 0’ 250’ 500’ 1000’

NOTESTotal Land Area = 2,331 ac

Lot Total = 1,646

Open Space Total = 1049 ac (45%)

Neighborhood Retail = 4 ac

Community Storage = 8 ac

SINGLE FAMILY RESIDENTIAL

NEIGHBORHOOD CONVENIENCE RETAIL

FUTURE STORAGE AREA

JORDANELLE RESERVOIR

OPEN SPACE

PONDS

LEGEND1

1

1

1

1

1

6

6

6

33

2

24

4

5

5

55

5

5

SCALE REFERENCE 20 ac

10 ac5 ac

HIGHWAY 32

“OUR DESIGNS ARE UNIQUE, BUT UNOBTRUSIVE, FRESH, AND STILL REFINED, AND EACH PROJECT IS INFORMED BY PLACE. THE SURROUNDING LANDSCAPE, WEATHER, AND REGION INFLUENCE THE BUILDINGS WE DESIGN. OUR WORK OFTEN BLURS THE LINES BETWEEN INDOORS AND OUTDOORS, CREATING SPACES THAT SEAMLESSLY MERGE WITH THE LANDSCAPE.”–Jamie Farmer, Principal, Farmer Payne Architects

“LIVING LARGE WITH LESS, IS PART OF THE BLUEPRINT TOWARDS A HEALTHIER WAY OF LIFE FOR ALL, NOT ONLY IN OUR EVERYDAY LIVES BUT ALSO IN OUR GLOBAL UNDERSTANDING OF A SUSTAINABLE FUTURE.”

–Jamie Mackay, CEO, Momentus Investments


BENLOCH RANCHENTRANCE PERSPECTIVE

May 30, 2018Not to Scale

Berm to ungulate naturally between 3 ft. - 8 ft. tall and with an average width of 60 ft. in diameter. Additional screening to be provided by a mixture of spruce aspen, hawthorn, service berry, and red twig dogwood plantings.

ENTRY BRIDGE, BERM, & LANDSCAPE


BENLOCH RANCHBRIDGE CONCEPT

March 09, 2018Not to Scale


Inholdings HeldInholdings Heldby Third Partiesby Third Parties

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195948-30560 05-23-18

BENLOCH RANCH SURROUNDING DEVELOPMENT MAP

While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2018 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 435.333.3311 | www.landadvisors.com

BENLOCH RANCHJORDANELLE SOUTH AREA MAP

J o r d a n e l l e R e s e r v o i r

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The boundary lines shown here have been generated for the internal use of Wasatch County and should only be used for general reference purposes.

Questions concerning ownership boundary locations should be directed to a title company,attorney, or licensed land surveyor. Wasatch County makes no warranty as to the accuracyor usefulness of this information. The end user of this information assumes all responsibility concerning this information's appropriate use.

LegendPreliminary Boundary Survey

County Boundary

Parcel

100 Foot Contour

Wasatch CountyJordanelle South Area - 2014 Aerial

Zach Hartman LAO4

Printed: 12/27/2016

800 0 800 1,600 2,400 3,200 4,000400Feet


This master planned community is a total of ±2,335 acres located on the south Side of Highway 32. The surrounding development includes Victory Ranch, Deer Valley, and Tuhaye Golf Community, which are all high end, year-round resort communities. The site is 40 miles from Salt Lake City, 20 miles from world class skiing at Deer Valley Resort, and 11 miles from the Jordanelle Express Gondola at the Mayflower exit. There are panoramic views featuring the Jordanelle Reservoir directly north, Uinta Mountains to the east, and the Wasatch Mountains to the west.

ENTITLEMENTS: Equivalent Residential Units (or “ERUs”) the property is entitled for 2,046 ERUs.

DEVELOPMENTS IN THE AREA: Tuhaye, Victory Ranch, Deer Valley, Deer Crest, Mayflower, Stillwater

PROPERTY OVERVIEW


BENLOCH RANCH

PROPERTY OVERVIEW

The Property has a small town feel which is just 20 minutes to Downtown Park City and 15 minutes to Deer Valley Ski Resort. It has panoramic views featuring: The Jordanelle Reservoir, Deer Valley Ski Resort, The Uinta & Wasatch Mountains, The Provo River, and Weber River. This is a four season recreation destination with endless opportunities. This area has become a desirable place to live, work, and visit.

LOCATION On the south side of the Jordanelle Reservoir between Victory Ranch and Deer Valley. The property is easily accessed from Highway 32 which connects to Highway 40 to the west. This makes for an easy drive to Deer Valley and Park City.

SIZE ±2,335 acres

ELEVATION Elevation is approximately 6,500’ above sea level.

CLIMATE Park City’s weather in each season make this area a 4 season town. Days are typically sunny, and cooler nights. Average snowfall is 143 inches in town and 400+ inches in the mountains. Summers are cool, dry, and comfortable with an average summer high of 80 degrees. Fall boasts some beautiful colors as tress begin to change. And winter brings some of the best snow on earth.

ACCESS The property is accessed from Highway 32.

IMPORTANT CONTACTSUtility Suppliers:

• Electricity: Rocky Mountain Power • Gas: Dominion Questar • Water/ Sewer: Jordanelle Special Service District • Telephone/Fiber: All West Communications

Wasatch County Planning - www.wasatch.utah.gov/PlanningWasatch County Parks and Recreation - www.wcparksrec.org


BENLOCH RANCH

https://www.wasatch.utah.gov/Planning

http://www.wcparksrec.org/

The Park City and Jordanelle Areas are known for their outdoor recreation.

TRAIL SYSTEM The property has room for an extensive trail system for hiking, biking, and snowshoeing. Trails not only provide recreation enjoyment, but also environmental benefits such as: wildlife preservation, water quality protection, storm water management, preservation of vegetation, firebreaks, and a reduction of noise & pollution.

WATER SPORTS Enjoy Summer Days out on the water within just a few miles: The Provo River, Weber River, Beaver Creek, and the Jordanelle Reservoir. Activities include: Paddle boarding, swimming, fishing, kayaking, tubing, wakeboarding, waterskiing, boat rentals, and more!

BACKCOUNTRY ACTIVITIES Mountain Biking, Hiking, Camping, Horseback Riding, 4x4 ATV Riding, Hunting, etc.

WILDLIFE The property is a habitat for mule deer, moose, elk, and many species of birds.

GOLFING Park City named the “best places to play” Between Park City and Heber Valley there are 15 private and public golf courses creating a mountain golf mecca. Combined with breathtaking views, challenging courses, and perfect temperatures, Utah has grown to be a top golf destination. Notable courses include:

SKIING Utah has 10 world class ski resorts in less than an hour from Salt Lake City International Airport with plenty to do on and off the slopes.

• Red Ledges - a Jack Nicklaus Course • Pete Dye and Nicklaus Courses at Promontory • Glenwild - a Tom Fazio Course • Victory Ranch - a Rees Jones Course

• Gene Bates Course at Soldier Hollow • Canyons Golf Course • Talisker Golf at Tuhaye - a Mark O’ Meara Course • Crater Springs

• Jeremy Ranch • Park Meadows • Park City • Wasatch Mountain

• Park City Mountain Resort and Canyons Resort have combined through a $50 Million capital improvement plan to create the largest single ski and snowboard resort in the United States. It includes 41 lifts and over 300 trails. The two resorts are connected by the new Quicksilver Gondola.

• Deer Valley Resort offers a luxurious experience and breath taking views. Deer Valley is a skiers-only mountain with groomed to perfection slopes, limited lift ticket sales, and gourmet dining. They are known for their award winning service on the mountain.

LOCATION OVERVIEW“GATEWAY TO THE UINTAS”


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UTAH ECONOMY • According to Forbes Utah ranked #2 in 2015 for fastest growing states for Tech Jobs - Adobe, Qualtrics, eBay, Netflix, and Jet.com all have operations in Utah.

• Utah is the 6th lowest in the nation for unemployment.

• Utah is 8th lowest crime rate in the nation

• Utah has the highest birth rate in the nation at 17.6 per 1,000 and the lowest median age in the nation.

• SLC International airport Terminal Redevelopment Program expected to be completed in 2023. 700,000 sq. ft. additional terminal space. The program is estimated to cost $1.8 billion and will be funded by federal grants, user fees, airport revenue bonds, and airport reserves.

• Utah ranked as top state in the US in job growth in 2015. Job growth rate of 3.7% and 49,100 job increase.

• Non-farm top three industry profiles growth in 2015 • Information 7.7% = 2600 jobs • Construction 5.8% = 4500 jobs • Hospitality 5.5% = 7,000 jobs

• Fodor’s Travel named Utah top travel destination of the year

UTAH MARKET OVERVIEWDuring 2015 Utah led the nation in job growth for seven months and ranked second the remaining five months. Goldman Sachs, Fidelity Investments, and other employers helped Utah earn the reputation as the “Wall Street of the West.”

Utah’s construction sector also performed well in 2015. Permit authorized construction reached its highest level in eight years and major projects like the rebuild of the Salt Lake City International Airport, a new high rise and performing arts center downtown, and multiple commercial buildings at the nexus of Utah’s two largest counties contributed to a strong year. Utah’s leisure and hospitality industry also made a solid contribution by adding 7,000 jobs. Park City expanded and created the largest ski resort in the country. This, combined with Utah’s “Mighty Five” national parks, prompted Fodor’s Travel to name Utah the top travel destination of the year. Capping it off, Utah’s merchandise exports continued to diversify, with 4% year over growth in non-gold exports.

- Report to the Governor

PARK CITY OVERVIEWThe Jordanelle real estate market has been growing rapidly over the past few years. Some influences include:

• The planned Deer Valley Expansion at the Mayflower Exit – huge economic driver for the region: more ski lifts & runs, additional parking, expanded base area, etc.

• Vail Resorts combined Park City Mountain & Canyons Resort to make the largest ski resort in North America.

• In 2015 Vail started a $50 million transformation in this area.

Click to view the Economic Profile for Tourism in Park City & Summit City, Utah.

UTAH ECONOMY“BEST STATE FOR BUSINESS” -FORBES

The New SLC Terminal Redevelopment ProgramArriving in 2020 - www.slcairport.com

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https://res-3.cloudinary.com/simpleview/image/upload/v1/clients/parkcity/Park_City_Economic_Profile_Tourism_9f49af51-883d-486b-a6b4-3c4b1295839b.pdf

https://res-3.cloudinary.com/simpleview/image/upload/v1/clients/parkcity/Park_City_Economic_Profile_Tourism_9f49af51-883d-486b-a6b4-3c4b1295839b.pdf

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2019 PROJECT READY - LoopNet...Ranch. Mackay named it to reflect his Scottish heritage, and the word...

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