Basin Rec Sells Density At Kimball Junction For $300,000
At their last meeting, the Snyderville Recreation District Board discussed a couple of land issues—such as the sale of some density entitlement.
District Director Brian Hanton said they sold off some 27,000 square feet, which will go toward another site in Newpark at Kimball Junction. He referred to the Commons at Newpark project, being done by the Crandall family.
He said they acquired the density originally as part of their approval for the Basin Fieldhouse.
“After our third phase at the fieldhouse we ran out of space to build things, but we still had about 27,000 square feet of density. So, a couple of years ago we sent out an RFP and we had a few interested people. One group couldn’t make it work financially and then recently the Newpark LLC reached out to us looking to do some workforce housing on one of their developments. This is the area by the Maxwell’s, that little parking pad that was in the news this last year. What the plan is that they’re looking to do a development similar to the rest of the area where they have retail on the bottom and have some workforce housing two floors up above.”
Hanton said they sold the density for $300,000. The sale will be final when the density transfer is approved by the Snyderville Planning Commission and County Council.
Turning elsewhere in the Basin, he said the Jeremy Ranch Homeowners Association is considering if they can dedicate some land to the District.
“Jeremy Ranch is always been a need for our operations. For park space, park amenities, we’ve done a lot in other areas in the community, but we didn’t have land in that side of our service district. The HOA reached out to us looking to lease or dedicate land to us to see if there’s a potential of doing a community park out in that Jeremy Ranch area. So out by the east canyon trailhead there’s some land that they own. They’re doing some studies for us, wetland mitigation studies and surveys. To see what opportunities are there, what could be built out in that area.”