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Show Page A4 Thursday, December 30, 1982 Park City News The Silver King condos welcome their first guests 4 1 gSST: I 1 I I I I I I I I I 1 "EEEEEEzi; Special "EEEEEEEE New Years cgS sale ; . au The 'nest ual' western wear Z V 1030 PARK AVENUE 649-9891 REAL ESTATE EXCHANGE USE YOUR EXISTING EQUITY If you are seeking a real estate investment in the Park City area and have equity in real or personal property boats, airplanes, etc.J, Mountain Realty can locate an exchange property suitable to your investment requirements ... Restructure cash flow New tax basis Depreciation Restructure leveragedebt Appreciation Equity disbursement Equity relocation Emotional change of interest WE HAVE CLIENTS THAT: HAVE: Park City Area: Lots HomesDuplexes Condominiums Commercial LandBldgs. Development Parcels WANT: Real estate in California, Texas, Colorado, Utah, Arizona, Florida, Louisiana, and personal property CONSIDER THE BENEFITS: LOCATION: Only 45 min. east of SLC International Airport via 1-80, 6 land all-weather freeway. YEAR ROUND RECREATION: 3 Ski Resorts - Deer Valley, Park City, Park West 5 Golf Courses - (20 min.) Nicklaus, Palmer, and 3 public 3 Reservoirs - (30 min.) Waterskiing, sailing, fishing 2 Health clubs - Tennis, racquetball, swimming, etc. CLIMATE: Low humidity, sun and no smog. Average daytime temperature: summer 71 degrees; winter 31 degrees Don't let another year go by without taking advantage of the excellent real estate opportunities in Park City Mountain Realty Sales and Exchange 1030 Park Avenue P.O. Box 376 Park City, Utah 84060 (801)649-9891 See us for all your Park City Real Estate Needs by Jeff Howrey The Silver King condos. located just east of the Park City Ski Area next to the Shadow Ridge, are open for business. Operating on a rental basis for the time being while the plush units are placed on the market for sale, Silver King welcomed its first guests through its spacious, atriumlike atrium-like main lobby on Dec. 20. Things have been looking up ever since. According to the building's general manager, Rob Slet-tom, Slet-tom, "We had a 30 percent occupancy rate our first week of operation. Our reservations are at 97 percent per-cent the week between Christmas and New Year's In fact, we've got good advance bookings for the entire next year." It's easy to see why. Besides the ample, beautifully-understated facilities, Silver King offers some extra, special touches to entice the discerning condo buyer. For starters, it's a very short walk to the resort. Access to the slopes could hardly be better unless you camped out in a lift line. "Our back entranceway is very close to the Three Kings lift and it's an easy walk to the First Time lift, too," notes Slettom. "And just inside our back door are our ski lockers." Convenience and the personal per-sonal touch seem to be the watchword at Silver King. "We have complete condo living plus conveniences found in a hotel complete condo facilities within a hotel style," he stresses. "We have many services normally found only in top hotels," he says. For instance, in-stance, the management provides a continental breakfast each morning. And while you're busy eating, eat-ing, they'll go get your lift pass for you, thereby allowing allow-ing you to avoid pass line hassles forever. Silver King residents go straight to the lifts. The facility also offers bellman service and nightly apres-ski parties. "We like to provide as many added touches as possible," says Slettom. It all adds up to "an elegant feel within a casual atmosphere." atmo-sphere." The building's primary owners are Bob Harrington and Ray Goodson. Its registered re-gistered sales agent is Park City Land Company whose John Vrabel comments, "We'll run it basically as a hotel until people buy." jS ' V i -41 v ' : f i V ff?S' 'I 'J 1 rMMwt8T - -C-' m j W'VW'rXP'V,'',ss,;Xrvfo V ""At,?? ' '" -''JA The lobby of the Silver King As to when that will be, Vrabel is unsure. "The market is bad and our prices aren't cheap," he says. "We hope to sell about one quarter of the available units within the next year. "We're not going to go out of our way to promote ourselves," he says. "Our Southern California. Park City's market has always been Southern California . ' ' While Silver King is open for business, the facility is not necessarily complete. The east wing of the complex is an empty shell. A planned extension of that wing has not even begun. ' 'We have complete condo con-do living plus conveniences found in a hotel complete condo facilities within a hotel style. 99 forte is that we have a very nice building. "We have done some advertising. Our initial markets mar-kets have been Dallas, Houston and Los Angeles. "In upcoming weeks we'll be pursuing a more active ad campaign, primarily in "We have no firm plans on finishing the east end," Vrabel says. "We can operate ope-rate now without it and still have the building look acceptable." ac-ceptable." Both Vrabel and Slettom speak of Silver King's constructionwhich con-structionwhich began in Smoking the Special Mixture by Gary Hems With only a half dozen people hooked on this new column so far (if you count myself and David Hampshire), one might think I would have placed an ad in the classifieds last week saying: "Yes, Virginia, there is a GaryHeins." It seems I've gotten more quiet and reserved reser-ved than I ever dreamed I'd be and certainly cer-tainly more quiet and reserved than other pretentious people prayed I'd be. I used to have such a fear of going unnoticed. Being an orphan ski instructor for my fourth year in a row, I notice it especially during this holiday season. The loneliest Christmas of my life was up in Red Lodge, Montana, three years ago. I'll always remember to forget it : At the tender age of twenty-one, I was overjoyed when one of the older instructors found it in his heart to ask me to join his family in Billings for turkey dinner on Christmas Eve. "What's your address?" he said. "I'll pick you up at six." I told him my address: "Five-twelve-and-a half North Platte." At six o'clock, I was ready to go. At ten after, af-ter, I was still ready to go. At a quarter to seven, I was not still ready to go, pacing my cold apartment. At ten o'clock I was finishing a six-pack and rereading a paragraph from the Christmas card Mom had sent from Iowa: "We will be thinking of you this Christmas and missing you as usual. I can understand how you may feel at this holiday season. I remember the loneliest Christmas I ever had. I was working as a telephone operator in Wilmar, Minnesota. My first Christmas away from loved ones. I was seventeen or eighteen years old and had a room nine blocks from work. I had worked till eight at night and was scheduled to work early the next day. It had snowed, and all stores and eating places were closed. I walked the nine blocks, and it was so still and only my lonely tracks in the new fallen snow. I was really feeling lonely, so I can understand what it is like to be alone for the holidays. " Christmas morning at Red Lodge Mountain, Moun-tain, the older instructor came into the locker room and said, "You goofy kid, there ain't a five-welve-and-a-half North Platte. Why did you do that?" He hadn't thought to go around to the side of five-twelve; he thought the goofy kid had given him a fictitious fic-titious address. Back then, I remember, I was always jabbering: jab-bering: "Here I am Gary Heins, life of the party." And I was the life of the party. I reeked wit like you shouldn't believe. What little silence I had at twenty-one was truly golden. Now, at the ripe old age of twenty-four, it seems my silence is turning from golden to gray. I intrigue people with my accomplished accom-plished quietude and reservedness. I've noticed recently that, by being less outgoing, I don't have as much girl trouble as I used to. I'm not so preoccupied with the usual dozen-or-so potential relationships. Instead, In-stead, there are a few wise young women who keep glancing at me and occasionally try conversation. I feel like I'm coming close to something big like a companionship. (Realize the difference between a relationship relation-ship and a companionship now: a companionship com-panionship is steadfast and imperishable, while a relationship is everything butt.) But, back to this being the holiday season. This may have been my fourth Christmas in a row away from home, but ... I am home. I found so much more warmth than in Red Lodge, thanks to Steve and Care (two other PC instructors who had me over for dinner) din-ner) and thanks to a more pacified tongue on my part. October 1981 in terms of two phases. One phase is now almost done. Another incomplete aspect of the facility is a planned convention center for meetings meet-ings of up to 250 people. And even the Phase I portion of Silver King 44 units of an eventual 83 are now open are still undergoing under-going last-minute final touches. "Our Phase I facilities facili-ties will be complete in January," Slettom promises. pro-mises. For the interior design, Vrabel says, "We gave a complete free hand to two Salt Lake designers, Gayl Baddeley and Bill Fleming, who's previously done a lot of work in San Francisco. "We let them design it completely. We didn't second se-cond guess them at all. "It's expensive to do it that way. But you end up with a hot product. Those same two designers will do the convention conven-tion facility. We'll start on that in January and it might be completed within 60 days." Fleming and Baddely have added several nice touches. Large open spaces are the rule. The ample foyer, with its striking 25-foot-high brass fireplace, immediately sets the tone of plenty of elbow room. A feeling of comfortable spaciousness pervades. Several Sev-eral lounge areas are scattered scat-tered liberally throughout the premises. Silver King's consistent color scheme emphasizes lots of placid muted colors, especially browns. Indirect lighting, at waist high level, accentuates the low-key environment. en-vironment. The condos themselves come in four sizes. One quarter of the living areas are studios. Thirty percent are one bedrooms. Another quarter are two bedrooms. And 20 percent are penthouse suites top of the line. "We furnished and accessorized acces-sorized every unit," says Vrabel. "We even put in washers and dryers." The furnishings are done in a white pine country style, lending "a modern appearance appear-ance yet warm country feel" according to Slettom. Plush carpets and good sized fireplaces abound. The oak laden kitchens come complete with micro-, waves, trash compactors, dishwashers and other gad-getry. gad-getry. Baths feature extra large tubs. Most of the units have bigjacuzzisaswell. A glass-encased indoor-outdoor indoor-outdoor pool, with a moveable move-able retaining wall, is visible from three of the building's five floors. A terraced patio garden on the west side will be completed com-pleted when outdoor landscaping land-scaping starts up again next spring. |