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County presents Nordic Village plan for Ogden Valley; seeks 15-year tax-increment participation
Summary
Weber County presented a proposed Nordic Village redevelopment in Ogden Valley and asked the Weber School District to consider sharing 50% of tax‑increment revenue for 15 years to help fund public infrastructure tied to a $471 million investment.
Weber County officials presented details of a proposed Nordic Village redevelopment in Ogden Valley and asked the Weber School District board to consider participating in a tax-increment share for 15 years to help fund public infrastructure tied to the project.
Stephanie Russell, representing Weber County, described the project as “an overhaul of the entire Nordic Valley Ski Resort” that would develop about 512 acres owned by the resort and create a mix of commercial and lodging uses. Russell said the plan would include roughly 56,008 square feet of commercial space, about 230 hotel rooms, 428 condominiums, 159 European-style chalets and 50 employee housing units. She described an estimated total economic impact and investment of about $471,000,000, including $23,000,000 in resident spending, $160,000,000 in new job wages and $28,000,000 in construction wages and materials.
The county told the board it intends to use public financing tools to support major infrastructure needs the development requires. Russell said the county plans to help establish a public infrastructure district…
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