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City leaders unveil ambitious development plans for historic site

November 14, 2023 | Murray , Salt Lake County, Utah


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City leaders unveil ambitious development plans for historic site
During the government meeting held on November 14, 2023, the Redevelopment Agency (RDA) convened with all members present, including Mayor Brett Hales. The meeting was accessible to the public via live stream and Facebook, allowing for citizen engagement through in-person comments or emails.

The agenda began with the approval of minutes, but as there were none to review, the meeting quickly moved to citizen comments. No public comments were received, either in person or via email.

The primary focus of the meeting was a presentation regarding the proposed development of the property located at 5025 South State Street, previously known as the Old City Hall. Mayor Hales provided an overview of the development process, noting that the RDA had engaged Orton Yost from Colliers International to market the property, which was appraised at $14.33 million for high-density multifamily development.

In a competitive bidding process, Colliers International received ten proposals from developers. Following a closed session on June 20, the RDA board shortlisted two developers for further consideration. Mayor Hales expressed gratitude to all developers for their efforts and creativity in their proposals, highlighting the collaborative work of the RDA board members and staff throughout the selection process.

The meeting underscored the RDA's commitment to advancing the development of the property, which is expected to play a significant role in the community's growth and revitalization efforts. Further discussions and feedback from the board are anticipated as the project progresses.

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