Layton provides update on Eastgate development; $8 million option exercise expected
Staff reported that developer JL exercised an option to purchase about 24.5 acres in the North Fairfield/Eastgate area, offering $8,000,000 with a 45‑day due‑diligence period. Staff also summarized nearly 842,000 square feet of near‑term manufacturing construction, roughly $124.5 million in investment and about 1,300 jobs tied to recent projects in the area.
The full story
Economic‑development staff updated the Layton City Council on March 19 about progress at the Eastgate/Fairfield business area and a pending purchase tied to the redevelopment agency.
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