Park City, Utah, has long been known for its world-class ski resorts, vibrant arts scene, and breathtaking mountain views. However, like many popular destinations, it faces the challenge of providing affordable housing for its growing population. As housing costs continue to rise, the city has responded with several ambitious projects aimed at increasing the availability of affordable housing. In this blog post, we’ll explore the key initiatives underway to address the affordable housing crisis in Park City and how these developments are shaping the future of the community.

EngineHouse Apartments: Meeting the Needs of the Workforce

One of the most significant efforts in addressing the housing shortage is the EngineHouse Apartments project. Located at 1875 Homestake Road, this four-story building will feature 123 units, with 99 of them designated as income-restricted for individuals earning around 58% of the area median income (AMI) or lower. This project is part of Park City’s ongoing efforts to ensure that its workforce has access to affordable housing options in close proximity to their jobs.

  • Amenities: The EngineHouse Apartments will feature underground parking, a fitness center, and community gathering spaces, all designed to create a comfortable and connected living experience for residents.
  • Completion: Construction is already underway, with the project expected to be completed by mid-2025, providing a much-needed addition to the area’s affordable housing stock.

Studio Crossing at Quinn’s Junction: A Mixed-Use, Sustainable Community

Another landmark development is Studio Crossing at Quinn’s Junction, adjacent to Utah Film Studios. This mixed-use development will provide 208 affordable housing units, ranging from studios to three-bedroom apartments, alongside market-rate townhouses and condominiums. What sets this project apart is its emphasis on sustainability and eco-conscious design.

  • Sustainability Features: Studio Crossing will feature electric vehicle charging stations, a bike-sharing program, and the use of eco-friendly construction materials, which aligns with Park City’s commitment to environmental responsibility.
  • No Taxpayer Funding: Unlike many large-scale developments, Studio Crossing is being developed by Crandall Capital without relying on state or local tax funds, making it a significant achievement in addressing the affordable housing crisis without burdening taxpayers.
  • Completion: Studio Crossing is set to become the largest affordable housing initiative in Park City’s history, positioning it as a critical project for the city’s future.

Park City Heights: A Family-Oriented, Accessible Community

In the same Quinn’s Junction area, the Park City Heights development is progressing with plans to offer 239 homes, including 79 deed-restricted units. These homes will be available to buyers within affordable and attainable income ranges, addressing the needs of families and individuals seeking long-term housing solutions in Park City.

  • Types of Housing: Park City Heights will feature a mix of townhomes and single-family dwellings, providing options for a variety of household sizes and preferences.
  • Community Features: This community will also offer direct access to the multi-use trail network, making it an ideal location for residents who value outdoor recreation and easy access to Park City’s natural beauty.
  • Completion: The Park City Heights development is expected to be completed by the end of 2025, offering another vital piece of the city’s affordable housing strategy.

Clark Ranch: A Strategic Step Toward More Housing

Clark Ranch is another key project aimed at expanding Park City’s affordable housing options. Located west of Park City, near Park City Heights, this 12-acre site has been earmarked for development since 2016. A feasibility study has shown the potential for the site to accommodate 90 to 275 housing units, depending on the final design and scope of the development.

  • Request for Proposals: In March 2024, Park City Municipal Corporation issued a request for proposals for the development of Clark Ranch, marking a significant step toward realizing this project.
  • Development Potential: The addition of Clark Ranch to the city’s affordable housing efforts could be a game-changer, providing further opportunities for residents and workers to live within the city’s limits.

Park City’s Commitment to Sustainable and Inclusive Communities

These initiatives represent Park City’s continued dedication to addressing the affordable housing crisis and creating sustainable, inclusive communities. By investing in projects that balance affordability with quality of life, the city is ensuring that residents and workers can access housing that meets their needs while preserving the character of this vibrant mountain town.

As Park City continues to grow and evolve, its commitment to affordable housing remains a top priority. From the EngineHouse Apartments to Studio Crossing and Park City Heights, these developments represent exciting opportunities for residents to live in the heart of one of the most beautiful and dynamic communities in the country. By focusing on sustainability, inclusivity, and long-term solutions, Park City is ensuring that its future remains bright for both its residents and visitors. As these projects move forward, they will play a crucial role in shaping the city’s landscape, providing much-needed housing options for the workforce, and helping preserve the town’s vibrant and diverse community.