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mortgages overseas
News and Information Article
Vernon, New Jersey Boasts Popular Resort Homeowner Destination
VERNON, N.J., Aug. 15 // -- Mountain Creek resort officially
opened The Appalachian, a condominium hotel, located slopeside at the
resort in Vernon, New Jersey. A Grand Opening event welcomed The
Appalachians first phase homeowners to their new mountain resort homes,
with the official ribbon cutting opening the building conducted by New
Jerseys Governor Jon Corzine and Intrawests Executive Vice President,
Lorne Bassel.
"The Appalachian is a fantastic resort hotel that we are proud to open
to both homeowners and the Vernon, New Jersey community. It is the result
of a multi-million dollar investment here that is a step towards bringing a
world class resort to Mountain Creek," said Jeff Patterson, Director of
Planning at Mountain Creek.
The Appalachian is now open to lodging guests, with significant
reservations already being taken for summer/fall 2006. The resort offers
numerous package programs which include lodging and outdoor activities such
as the Bed and Bikefest, Golf and Stay, Splash and Stay, the Romance
Package and a new fall package, Wreath Fineries and Wineries.
The Appalachian features a total of 177 vacation homes across the two
phases of the development. The 77 homes in the second and final phase are
expected to be complete in early fall. Designed in an Adirondack Grand
Hotel motif, The Appalachian has furnished studio, one- and two-bedroom
configurations. The property features the highly sought after ski-in,
ski-out access, underground parking, and a host of other amenities.
In addition to the sold-out Appalachian, Playground Destination
Properties Inc is selling the final stage of the popular Black Creek
Sanctuary neighborhood, consisting of one-, two- and three-bedroom condos
nestled in a serene, protected sanctuary in close proximity to the
mountain. Playground Destination Properties Inc., is the licensed broker
handling the real estate sales and marketing campaign for Mountain Creek.
Mountain Creek is uniquely positioned in the Hamburg Mountains less
than 50 miles from New York City. The resort currently draws visitors from
the entire tri-state region and will become THE city escape destination.
While already recognized nationally for its outstanding snowboard and ski
facilities, the resort has four-season appeal with year-round activities
including New Jerseys biggest water-park, extensive hiking and biking
trails, and some of the world class East Coast golf courses nearby.
Mountain Creeks 1,040 vertical feet, 46 trails and 11 lifts have
received over $60 million in operational and on-hill improvements over the
past four years. Ranked #1 for accessibility by SKI magazine, Mountain
Creek is considered one of the East Coasts best facilities with the only
Superpipe in the region built to Olympic specifications. The mountain was
home this past winter to the 2006 Chevrolet U.S. Snowboard Grand Prix,
where the Olympic snowboard team was named. With more than 170 skiable
acres, Mountain Creek also boasts night skiing open until 10 p.m. with more
than 1,000 lights on all 46 trails and the tubing lanes. The mountain has
North Americas only eight passenger open-air gondola and has also upgraded
its snowmaking capabilities with the most powerful snowmaking equipment in
the region for a longer ski season for winter enthusiasts.
Mountain Creek is an Intrawest resort. Intrawest Corporation (NYSE:
IDR); (TSX: ITW) is a world leader in destination resorts and adventure
travel. The company has interests in 10 resorts at North Americas most
popular mountain destinations, including Whistler Blackcomb, a host venue
for the 2010 Winter Olympic and Paralympic Games. Intrawest owns Canadian
Mountain Holidays, the largest heli-skiing operation in the world, and an
interest in Abercrombie & Kent, the world leader in luxury adventure
travel. The Intrawest network also includes Sandestin Golf and Beach Resort
in Florida and Club Intrawest -- a private resort club with nine locations
throughout North America. Intrawest develops real estate at its resorts and
at other locations across North America and in Europe. Intrawest is
headquartered in Vancouver, British Columbia. For more information, visit
http://www.intrawest.com.
Playground Destination Properties Inc., an Intrawest company, is the
premier provider of sales and marketing services for destination real
estate world-wide. The company draws on proprietary methodology called The
Playground Way (TM) to fulfill its mission of "connecting people with the
ultimate places to play." Playground represents unique real estate in six
countries on three continents, including world-renowned Whistler Blackcomb
in British Columbia -- North Americas most popular mountain resort;
Mammoth in California -- The Eastern Sierras premier four-season resort;
and Floridas Sandestin -- 2,400 acres including white sand beaches and
world-class golf. To learn more about Playground, and its unique breadth of
offerings, visit http://www.playground.com.
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