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