The Park Metropolis Planning Fee may vote on a undertaking Wednesday that will construct a whole lot of housing models adjoining to the Utah Movie Studios in Quinn’s Junction.
The previous decade has introduced hovering dwelling costs and rising employee shortages to the Wasatch Again. As instances change, so have some builders’ concepts for the way to meet neighborhood wants.
The movie studio undertaking was initially accepted in 2012, and included plans for a lodge, amphitheater, and business house.
After an intensive authorized battle between the then-owners and Summit County, the property was annexed into Park Metropolis and the undertaking was accepted.
Nonetheless nothing has been constructed to date however the movie studio. The present house owners, Crandall Capital, not too long ago revised their plans to handle a urgent problem in the neighborhood: reasonably priced housing.
The brand new proposal, dubbed Studio Crossing, seeks to supply 185 reasonably priced leases together with 100 market-rate for-sale models, and 60,000 sq. toes of business house.
The reasonably priced models could be earmarked for folks making between 60% and 80% of space median revenue, or AMI. 80% AMI in Summit County is roughly $75,000 for a single individual. Individuals working in Quinn’s Junction or inside Park Metropolis limits would have first dibs.
If the fee forwards a optimistic advice, it will go in entrance of the town council for approval on Nov. 17.
The fee will even evaluation a roughly 40-acre piece of land referred to as the Bransford Parcels, positioned simply off Flagstaff Peak near the Trump ski run at Deer Valley.
The house owners are looking for to rezone six acres from open house to property. That may permit for 2 houses to be constructed that will be restricted to 12,500 sq. toes in dimension. The Bransford Land Firm has owned components of the land for nearly 100 years.
On the final assembly, the fee referred to as for a most dwelling dimension of 10,000 sq. toes, which they stated is extra consistent with the neighboring Pink Cloud subdivision.
Greater than 80% of the whole land could be positioned beneath a conservation easement as a situation of approval.
The assembly Wednesday begins at 5:30 p.m. in metropolis council chambers on the Marsac Constructing. The agenda and a hyperlink to attend just about may be discovered right here.