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Council hears Dakota Pacific update on Kimball Junction PPP as developers push to hold unit counts and fees
Summary
Dakota Pacific told the Summit County Council it cannot further reduce market-rate unit counts without breaking the project's economics and proposed a 30% developer share of a development fee with a $1.5 million floor; council members pressed the developer on phasing, water shares and the project’s affordable-housing balance.
Dakota Pacific representatives briefed the Summit County Council on updates to their Kimball Junction public‑private partnership proposal, focusing on water allocation, shared expenses for public spaces, development‑fee sharing and unit counts.
The developer framed recent changes as constrained by economics. “We have no wiggle room in the market‑rate period,” a Dakota Pacific representative said, explaining why the company would not accept a substantially smaller market‑rate program. The firm proposed allocating water shares they control to the PPP’s multifamily and public spaces and offered what it described as a firm capital pledge for common‑area amenities: roughly $3.0–3.3 million plus $300,000 for bridge betterments, with…
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