{"id":1004050700,"date":"2012-06-01T14:43:13","date_gmt":"2012-06-01T22:43:13","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=50473"},"modified":"2020-04-10T06:02:04","modified_gmt":"2020-04-10T14:02:04","slug":"sterling-bay-plans-upscale-buildout-for-victory-ranch-club","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sterling-bay-plans-upscale-buildout-for-victory-ranch-club\/","title":{"rendered":"Sterling Bay Plans Upscale Buildout for Victory Ranch Club"},"content":{"rendered":"<p>By Alex Girda, Associate Editor<\/p>\n<p>Sterling Bay Cos. recently snapped up one of the state&#8217;s prime development sites: the 6,500-acre Victory Ranch Club in Park City. The sale price for the property, which was acquired from an affilate of Wells Fargo Bank, was not disclosed. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/05\/victory-ranch.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-50474\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/05\/victory-ranch.jpg\" alt=\"\" width=\"300\" height=\"203\" \/><\/a>The parcel was originally slated for a 650-unit luxury residential development, the Salt Lake Tribune reported.<\/p>\n<p>Chicago-based Sterling Bay plans to trim the number of units in favor of a more upscale residential development on a site that it has called \u201cthe most beautiful piece of property\u201d in the state.<\/p>\n<p>Victory Ranch also hosts the private Rees Jones championship golf course, Victory Ranch Club, which\u00a0 recently opened to the public. The site is surrounded by the Wasatch and Uinta mountains, the Deer Valley ski resort and the Provo River.<\/p>\n<p>Photo courtesy of <em>facebook.com\/victoryranchclub<\/em><\/p>\n<p>For additional SLC market data, click <strong><a href=\"https:\/\/www.multihousingnews.com\/news\/market-snapshot-salt-lake-city-outpaces-nation-in-employment-occupancy\/1004053867.html\" target=\"_blank\" rel=\"nofollow\">here<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alex Girda, Associate Editor Sterling Bay Cos. recently snapped up one of the state&rsquo;s prime development sites: the 6,500-acre Victory Ranch Club in Park City. The sale price for the property, which was acquired from an affilate of Wells Fargo Bank, was not disclosed. The parcel was originally slated for a 650-unit luxury residential [&#8230;]<\/p>\n","protected":false},"author":1269,"featured_media":1004506877,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1606],"tags":[1815],"class_list":["post-1004050700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-salt-lake-city","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sterling Bay Plans Upscale Buildout for Victory Ranch Club - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sterling-bay-plans-upscale-buildout-for-victory-ranch-club\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling Bay Plans Upscale Buildout for Victory Ranch Club\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Sterling Bay Cos. recently snapped up one of the state&rsquo;s prime development sites: the 6,500-acre Victory Ranch Club in Park City. The sale price for the property, which was acquired from an affilate of Wells Fargo Bank, was not disclosed. 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