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Developers outline Kimball Junction public‑private partnership; council presses for cost transparency
Summary
Dakota Pacific Real Estate presented an updated P3 proposal for Kimball Junction on Oct. 30 proposing land swaps, shared parking, a county‑funded transit center, up to 500 market‑rate units plus 250 deed‑restricted affordable units, and a proposed $3.3 million developer/county contribution to a public plaza and pedestrian improvements; council asked for clearer cost accounting and a public briefing deck before an upcoming hearing.
Dakota Pacific Real Estate (DPRE) returned to the Summit County Council Oct. 30 to update a draft term sheet for a proposed public‑private partnership at Kimball Junction. Presenters Mark Stanworth and Steve Burrup summarized a proposal that would combine a land swap, a county‑owned transit center, a shared parking structure, mixed‑use development above a parking podium, and a package of public‑benefit elements including plazas, parks and civic uses.
Key elements presented by DPRE included:
- A development footprint that DPRE said totals roughly 1.1–1.2 million square feet when including previously built commercial space, new vertical development and P3…
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