SALT LAKE CITY | Development Thread

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Salt Lake City & MSA/CSA Rundown

Update Central Metro East - Utah Film Studios Located In Park City to add Residential - The Studio Crossing Development

The owner of Utah Film Studios has broken ground on a new development next door to his Park City studios.
The project will include hundreds of housing units and commercial space.

Parker Malatesta Reporting for KCPW @
https://www.kpcw.org/park-city/2023-...mplete-by-2025

The Park City Council has approved the project, dubbed Studio Crossing...

The development was proposed by Utah Film Studio owner Crandall Capital, who previously worked on a housing project in the Newpark area of Kimball Junction.

The local family firm includes Gary Crandall and his son Ryan.

Ryan said the first phase of Studio Crossing could be complete in late 2025.

Courtesy Utah Film Studios

“The first phase is going to be 208 affordable housing units, anywhere from a studio to a three-bedroom, and 60,000 square feet of commercial space,” he said. “The second phase will be an additional 100 townhomes and condominiums.”

The affordable units will be for people making between 60% and 80% of Summit County’s area median income. That ranges between roughly $62,000 and $83,000 for a single person’s annual salary.

Gary Crandall said they plan to offer affordable studio apartments for $1,650 per month including utilities, although that’s subject to change due to inflation. He also said they plan to construct trail connections, and have talked with Summit County about installing a bike share station there.

Ryan said the new development will bring more traffic to the Quinn’s Junction area.

“Compared to the original development, which was 100% commercial, we actually have reduced traffic,” Ryan Crandall said. “I guess compared to what there is now - nothing - you will have an increase. But what was originally entitled, it will be a huge reduction, about 45% to 47%, so it is a win. And hopefully we’ll be capturing a lot of people with that retail there. Instead of people driving from Kamas or Jordanelle all the way into town, we can kind of cut them off before they have to come into town now that there’ll be some retail out there.”

Ryan said they’ve had a lot of interest from potential businesses. He said a grocery store is not in the proposal, but a smaller bodega offering staples is likely.

“The best restaurant out there right now is the cafeteria at the hospital, which is great food, but there’s not a lot of options. We have a lot of restaurants interested, dental, medical office, a lot of things for the community.”

He said Park City was strongly against any plan to build a gas station on the site.

When complete, the full development will neighbor the Utah Film Studios...

KPCW @ https://www.kpcw.org/park-city/2023-...mplete-by-2025

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