Founders Place condominiums, Deer Crest
78-unit ski-in ski-out condominium project in Deer Crest with a housing mitigation plan; in December 2024 the Housing Authority allowed certificates of occupancy building by building.
Under construction
- Type
- Development agreement
- Location
- Deer Crest
- Homes
- 78
- City Council: Housing Authority: Founders Place mitigation plan amendment
- City Council: Ordinance 2023-34: Founders Place Condominiums Phase II plat
- City Council: Founders Place subdivision, 3267 West Deer Hollow Road (Ordinance 2022-03)
- City Council: Founders Place Phase I condominium plat (Ordinance 2022-04)
- City Council: Founder's Place affordable housing obligation plan (Housing Authority)
In brief
Founders Place condominiums, Deer Crest appears on 4 recorded agendas, from the City Council meeting of January 13, 2022 to the City Council meeting of December 12, 2024.
On record, it was approved 4 times and approved with conditions once.
The most recent decision was approved (5-0) at the City Council meeting of December 12, 2024.
Follow the money and project delivery
Founders Place condominiums, Deer Crest
- Council action
Approved: Housing Authority: Founders Place mitigation plan amendment · Approved minutes Record → · Dec. 12, 2024
- Money in the record
fee: $835,413 — Half-point transfer fee agreed by the developers (about) Record → · July 6, 2023
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
December 12, 2024 · City Council
Housing Authority: Founders Place mitigation plan amendment
Approved · 5-0
Sitting as the Housing Authority, the council changed a condition of approval for the 78-unit Founders Place condominium project in Deer Crest so certificates of occupancy are issued building by building rather than by phase. The required housing obligation is 9.96 units with 12.97 anticipated through in-lieu payments. The second building was nearly complete. Deb Rentfrow withdrew her opposition after a tour.
July 6, 2023 · City Council
Ordinance 2023-34: Founders Place Condominiums Phase II plat
Approved · 5-0
Phase II has 19 market-rate units and one affordable unit; the full community totals 78 residences. The developers reported public benefits of about $12.5 million through 2040 and agreed to a half-point transfer fee of about $835,413. The minutes also describe the property as located in Wasatch County, which conflicts with the Park City address.
- Applicants: Phil Fiveash and Carder Lamb
- Units: 19 market-rate and 1 affordable
January 27, 2022 · City Council
Founders Place subdivision, 3267 West Deer Hollow Road (Ordinance 2022-03)
Approved with conditions · 4-1
A first motion by Council Member Max Doilney failed 2-3, with Dickey, Rubell and Toly opposed. A second motion by Council Member Becca Gerber approved the subdivision with an amended Deer Hollow Road condition referring to the developer and a condition prohibiting satellite parking; Rubell voted no. The project has 1.5 parking spaces per residence and six affordable units. No one spoke at the hearing.
January 27, 2022 · City Council
Founders Place Phase I condominium plat (Ordinance 2022-04)
Approved · 4-1
The council approved the plat for 32 market-rate units and four affordable units; Rubell voted no. No one spoke.
January 13, 2022 · City Council
Founder's Place affordable housing obligation plan (Housing Authority)
Approved · 3-1
The Housing Authority approved the plan, amended to extend the community benefit fee five years, through 2040. It provides six on-site one-bedroom affordable units totaling 5,400 square feet (four in phase 1) and a community benefit fee of about $1.875 million ($1.5 million from initial sales, then about $37,500 a year), about $250,000 more than the current fee in lieu. The developer's original obligation was 4 percent, set by a 1995 settlement at 3.32 units of 83 units; the project totals 199,200 square feet. Groundbreaking is targeted for next spring and completion for summer 2024. Rubell voted no; the chair's vote is not recorded.