Ski resort near Deer Valley East Village, one of the key venues for the upcoming 2034 Winter Olympics

Significant change is coming to the Jordanelle area and Deer Valley East Village, just outside of Park City. A new report from the Military Installation Development Authority (MIDA) shows that over 6,000 new residences and hotel units are expected in the next decade—much of it timed ahead of the 2034 Winter Olympics.

With thousands of homes, condos, and resort accommodations planned, this development is set to reshape the region and create new opportunities for homebuyers, second-home owners, and investors alike.

 

Projected Growth and Timeline

 

According to the latest data, full build-out will include:

 

  • 1,267 single-family homes
  • 3,240 townhomes or condos
  • 1,700 hotel rooms and hotel-condo units

 

Most of this growth will be concentrated in Deer Valley East Village, with infrastructure and residential expansion planned across six designated development zones.

As of now, only 22% of the total development is complete. Within five years, that number is expected to more than triple, with over 93% completion projected by 2035. The next several years are being referred to as a critical window for development, with much of the progress expected before the 2034 Olympic Games.

 

Why Jordanelle and DVEV Are Growing So Quickly

 

The upcoming Winter Olympics have created a clear deadline for infrastructure and resort improvements, but the growth in this area is about more than just a single event. Buyers have long been drawn to Jordanelle for its ski access, lake proximity, open views, and its convenience to Park City without the same density and price point.

This planned expansion reflects a larger, long-term vision to support full-time residents, second-home owners, and year-round tourism. It also ensures that the area has the services, transportation, and accommodations to support thousands of new arrivals over the coming years.

 

How It Compares to Nearby Heber City

 

For comparison, Heber City—one of the fastest-growing towns in the region—added about 1,550 single-family homes and 225 apartments between 2013 and 2022. Its total population reached nearly 17,000 residents by 2022.

The Jordanelle and Deer Valley East Village area is now on track to more than double the number of housing units built in Heber over a similar timeframe, making it one of the largest planned residential expansions in Wasatch County.

 

What the Community Will Include

 

The development is organized into six zones, each with its own focus. Hotel and commercial developments will be centered in Zones 2 and 6. Residential construction—including a mix of homes, townhomes, and condos—will be distributed throughout all six zones.

The community will also feature supporting infrastructure, including retail, dining, services, and access to trails and outdoor recreation. This planning approach is designed to create a walkable, year-round village that blends residential comfort with resort-level convenience.

 

Infrastructure and Planning in Motion

 

As the number of residents and visitors grows, so will the need for community services. Local officials and planning teams are already preparing for expanded needs in transportation, roadways, water supply, emergency services, and schools.

The data provided in the MIDA report is being used to guide zoning decisions and public investment. This level of planning helps ensure that the growth supports a strong quality of life for both residents and future homeowners.

 

Key Developments Leading the Charge

 

Much of the current progress in the region comes from three major communities already underway:

 

  • Marcella Club – A luxury golf and ski community offering lake views, private access, and upscale amenities.
  • Skyridge – A recreational community built around outdoor living, including hiking, biking, and water access.
  • Pioche Village – A mixed-use resort village featuring walkable design, hospitality offerings, and modern residences.

 

Combined, these developments make up a significant share of the overall build-out, helping to drive early momentum and set the tone for the area’s future.

 

Why This Matters for Buyers

 

If you're considering buying in the Park City area, this is one of the most important regions to watch. Here's why:

 

  • Early buyers may benefit from better pricing before full build-out and Olympic demand drive values higher.
  • New construction means access to modern design, energy-efficient homes, and thoughtfully planned communities.
  • The location offers a unique blend of lake access, ski proximity, and scenic living, all within a short drive of Park City.

 

This is especially ideal for those seeking a second home, a vacation rental investment, or a long-term base in one of Utah’s fastest-growing resort areas.

 

Final Thoughts

 

The Jordanelle and Deer Valley East Village area is entering a period of historic growth. With over 6,000 new residences on the horizon, proximity to Olympic venues, and world-class recreation, this region is quickly becoming one of the most exciting real estate opportunities in the greater Park City area.

If you’re interested in buying near Jordanelle or Deer Valley East Village, we’re here to help you navigate this evolving market with confidence.

You can call or text Tom White directly at 435-640-0217. To explore current listings and learn more, visit www.ParkCityHomeSales.com.

We specialize in working with out-of-state buyers, second-home seekers, and Park City locals—helping each client find the right fit before the market shifts.