HOTELS
Owning Aman: Canyon Equity homes in on über high-end living
Rising out of the sand-colored desertscape in Utah like a luxury-laden mirage, the latest development from Canyon Equity LLC became a tangible reality in December with the debut of Aman Residences, Amangiri, in Canyon Point, Utah.
Showcased are the first of 12 über luxurious homes set across 900 acres of the Colorado Plateau in Canyon Point. The development is proximate to Canyon Equity’s five-star, 34-suite Amangiri, which will serve as a source of amenities and services for residents.
Helmed by CEO Robert Hee, Canyon Equity is the operating arm of Larkspur, Calif.-based private equity firm Canyon Group, and is the owner/developer of the project, which was on the company’s agenda for almost two decades. “The vision to create branded residences at Amangiri is not new; it has been part of the property’s make-up since inception and the opening of the hotel in 2009,” said Hee. “But the ideation underwent different revisions. The market went through different cycles and the resort itself evolved.”
Part of that, he noted, was the successful opening five years ago of a glamping outpost, Camp Sarika by Amangiri, with 10 luxury tented pavilions and common areas, located within a mile of the resort. “The traction of Camp Sarika, Amangiri’s growing reputation and loyal base of guests, as well as a growing interest in branded residences, all led us to feel the time was right to turn our attention back to the development of residences at Amangiri,” said Hee.
The homes, designed by Los Angeles-based Masastudio, mirror the subtly luxe Modernist aesthetic of the hotel, and reflect the surrounding desert landscape. Residences offer four to eight bedrooms on five to 19 acres and include a variety of outdoor spaces and a swimming pool.
