Acting as both the Salt Lake City Council and Board of the Redevelopment Agency, the Council on Tuesday adopted resolutions establishing development agreements with property owners in the Northwest Quadrant. The development agreements ensure the current land use regulations will carry forward and also create a process for future tax increment reimbursement requests. Tonight’s vote is another step in the City’s effort to establish a global trade port and added infrastructure in the northwest area of the City in order to spur economic development and expand infrastructure. Read the press release here.
Also Tuesday, the Council discussed future development at the former City fleet block located at 850 South 300 West. Council Members expressed excitement at the development and housing potential at the site, which is situated a block from a Utah Transit Authority TRAX line. In the coming months, the Council will continue to discuss the site and potential land use rezonings and budget allocations related to its development.
The Council also discussed a proposal that would close a section of 1300 South between 900 West and the Jordan River to establish an access point to the Jordan River and added park space. The street closure is part of a project called the Three Creeks Confluence of Jordan River, which involves daylighting (bringing to the surface) portions of Red Butte Creek, Emigration Creek, and Parleys Creek, which all join the Jordan River at the location. The Council will hold a public hearing on Tuesday, February 2018 at 7 p.m. about the proposal. Learn more about the project.