The high-rise condo project at Third and Caldwell streets is moving into higher gear, with a sales center at EpiCentre to open by the end of July.

Skye Condominiums, the 22-story mixed-use project formerly known as The Park, will feature 67 condos and two penthouses, a 172-room hotel, ground floor retail and an open-air rooftop restaurant, according to the developer, Small Brothers Charlotte LLC.

Debbie Williams, a spokeswoman for the developer, said construction is expected to be complete by fall 2012 "at the latest."

Williams said Monday that lowest-priced models would begin around $200,000. The two penthouse units are priced at about $2 million. Amenities for residents include valet service, a fitness center, game room, theater and cyber café. The ground floor will include 2,600 square feet of retail space. The McDevitt Agency is leading sales for the project.

The EpiCentre office will open on street level across from BlackFinn restaurant in mid- to late July.

The former Park development was announced in 2000 and was touted as uptown's first luxury condo tower. But construction stalled and the project went into foreclosure after then-developer Pete Verna failed to pay on a $30.7 million loan. He later filed for bankruptcy protection.

Small Brothers, a subsidiary of Naples, Fla., developer Small Brothers LLC, later bought the building at a 2009 private auction for about $4.5 million.

Emma Littlejohn with the Littlejohn Group, a real estate consulting company, said the uptown condo market is constrained a bit by the current lending climate. The keys to success for the Skye condos, she said, would be continued demand for uptown residential space, and an upturn in employment and lending.