Friday, February 04, 2005

Condo-Hotel Sales Strong at New Jersey Mountain Resort

You don't have to be a big hill to be a popular one. Mountain Creek, an Intrawest resort in Vernon, New Jersey has sold out Phase II of The Appalachian condo-hotel, the company announced today.

This is first village property to be developed at the resort, about 50 minutes by car from Manhattan. The current release included 77 properties. It had already sold out its first 100. The first part of The Appalachian, now under construction, is expected to be completed this summer. Phase II is scheduled to come onstream a year later.

"People have found a vibrant sense of community and a wonderful year-round playground in New Jersey, said Doug Ganssle, Director of Sales at Mountain Creek resort. The Appalachian, cornerstone of Intrawest's village, will feature a total of 177 homes in furnished studio, one- and two-bedroom configurations. It's got ski-in, ski-out access and an underground garage.

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