Sterling Bay Plans Upscale Buildout for Victory Ranch Club
- Jun 01, 2012
Sterling Bay Cos. recently snapped up one of the state’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 development, the Salt Lake Tribune reported.
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 “the most beautiful piece of property” in the state.
Victory Ranch also hosts the private Rees Jones championship golf course, Victory Ranch Club, which recently opened to the public. The site is surrounded by the Wasatch and Uinta mountains, the Deer Valley ski resort and the Provo River.
Photo courtesy of facebook.com/victoryranchclub
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