Friday, January 11, 2008

The Ritz-Carlton is coming to Mammoth Lakes

THE RITZ-CARLTON RESIDENCES
MAMMOTH

After much anticipation and speculation as to whether or not it would happen, the Ritz-Carlton is now officially scheduled to take its place in Mammoth. Just yesterday we were presented with the initial roll-out of the extensive marketing campaign that is set to unfold over the next few months. Unlike past campaigns, which have focused primarily on Southern California, this one is supposed to be far reaching, including Dallas, TX, and Vancouver, Canada.


The Ritz-Carlton Residences will be located adjacent to the existing Westin Monache, just across from the Village gondola. All concierge and full-service amenities imaginable will be offered. Plans are in place (pending CalTrans approval) to build a pedestrian bridge over Canyon Blvd that would service both the Ritz and the Westin. With completion scheduled for the end of 2010, timing could be good in relation to anticipated air service.

We were told that floor plans will range from approximately 1,200 to over 5,000 square feet. Pricing is supposed to start at about $1,400,000 and go to over $6,000,000. This will be an entirely new level of development for Mammoth.

The “homes”, as they are to be called, will be sold using a reservation program, similar to what has been used in the past by Intrawest for all of their projects. Reservations are $10,000, fully refundable, and will be accepted starting January 30th. The actual sales date is scheduled for the end of April.

Please feel free to contact us should you like more information on THE RITZ-CARLTON RESIDENCES, MAMMOTH.


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