Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Economic development director reports low retail vacancy, new tenants and ongoing RDA projects
Summary
Economic development director John Perez gave the council a second-quarter update covering recent business openings, vacancy rates, lead activity and RDA lease confirmations; councilors were told the Broadway property is being reevaluated with state Brownfields assistance and that the EPA has filed paperwork to remove a lien.
John Perez, Tooele City’s economic development director, presented the council with the city’s second-quarter business attraction and pipeline update on Jan. 15, reporting a string of recent openings and low retail vacancy rates.
"Retail is down to just 1.7% vacancy rate," Perez said, and he reported office vacancy at 0% and industrial vacancy at 13.3%. He listed recent grand openings at Founders Point, including Chipotle, as well as Mumbai House, Rome Italian Restaurant and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
