Geneva Property

Description

The Geneva property sits on the edge of beautiful Utah Lake in the middle of the most densely developed area of Utah County. It is, uniquely, a 1700-acre infill site. Utah County contains a large commuting bedroom population for Salt Lake City. The transportation elements of the site, including freeway access, major State road access, and commuter rail create an environment rich for high density, residential, regional, neighborhood retail, office commercial, and light industrial uses.

Three Interstate freeway interchanges lie within 1/4 to 1/2 mile of the Property. Frontage along a state road and a new major expressway, which will run through the Property, has recently been approved. Current Utah Transit Authority (UTA) planning shows the Geneva Property containing a major commuter rail hub, bringing together commuter rail, bus and in the future, light rail.

Some of the most important redevelopment considerations are:


- 1700 Acre Infill Site
- 3 Freeway Interchanges
- 133,000 Cars Passing the SIte Daily
- New Expressway Through Site
- Intermodal Hub Site for Commuter Rail, Bus and Light Rail
- Metro Population = 456,000
- Over 1 Mile of Lake Frontage for Residential or Other Uses
- Tax Increment Financing (TIF) Authorized for the Site
- Water, Sewer, and Utilities Available at Site
- Site Demolition Complete
- 'Tanfield' Site with Cost Effective Remediation
- Cooperative Local, State, and Governmental Agencies
-Over 800 Acres Fully Remediated and Available soon for redevelopment