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City Picks Onyx and Thrive as Preferred Developers for Town-Center RFP; LOI and CDRA Meeting Next

Cottonwood Heights City Council · June 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Cottonwood Heights staff announced a preliminary award to a development team led by Onyx Development and Thrive Development for the town-center RFP; the city expects to sign a letter of intent and then consider development-agreement terms in a CDRA closed-session review.

The council introduced principals from the development team preliminarily selected to lead the city’s town-center project and said it will move toward a letter of intent (LOI) and later a development agreement that will be reviewed at a Cottonwood Heights Redevelopment Agency (CDRA) meeting.

Staff said the internal RFP selection committee narrowed proposals and issued a preliminary award letter to a partnership between Onyx Development…

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