Northern Metro Update
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Originally Posted by Orlando
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Station Park by CenterCal
STATION PARK - Station Park will be the preeminent lifestyle shopping center in the Salt Lake City region. The project will consist of approximately eight hundred thousand square feet of retail, entertainment, restaurant, office and hotel space. Located at the intersection of Interstate 15, Highway 89, the new Legacy Parkway and the new Utah Transit Authority Commuter Rail, Station Park will enjoy the highest daily traffic counts to be found in the State of Utah. At this intersection Station Park will be well positioned to serve some of the strongest household demographics from Salt Lake City to the suburbs to the north.
Station Park will be home to a broad selection of apparel, home goods, entertainment and restaurant opportunities.
Report By Craig Frazer, Realtor, CRS, GRI, CLHMS
RE/MAX Metro
I attended a meeting last night at the CenterCal offices in Farmington in which members of the city council (along with the mayor) and Craig Trottier, Vice President of Development for CenterCal Properties discussed the current status of the Station Park commercial/retail development adjacent to the Farmington FrontRunner train station. In spite of the current economic conditions which have slowed the project, it is ready to move forward with two publicly confirmed tenants in the project. Most everyone has heard that Harmons will be opening a store in Farmington Station. In addition, Cinemark has confirmed their plans for a multi-screen theater complex within the project. There has been additional leasing activity but at this time no other tenants can be publicly announced.
Sufficient tenant commitments are in place, however, to allow for work on the project to continue. It is anticipated there will be additional site work done beginning in late April or early May with construction on the Harmons and Cinemark facilities moving forward in August. At this time, both Harmons and Cinemark are projecting a late spring opening (April/May) although that timetable has some flexibility to move faster if economic conditions warrant.
There was a good deal of discussion regarding the layout and design of the “town square” component of the development and current design concepts reflect a small town central park type of theme. The current make up of the project continues to consist of a mix of street level retail operations with commercial office space contained on the second floors of most buildings. The project continues to reflect a 130 room hotel component and there is serious discussion taking place of adding a complete healthclub/spa facility within the project. The intent is to have a good mix of national, regional and local retailers in this complex. Many of the retailers who have expressed interest do not currently have facilities in Davis County. For several others, this will be their first facilities in northern Utah.
The plans call for 12-18 restaurants in the project with upper end dining establishments circling the perimeter of the interior park area. It was clearly pointed out during the discussion that there are NO plans for a “food court” type of set up. The vast majority, if not all, of the dining options will provide “dine in” capabilities. The less formal dining options will most likely be located near the theater area but it is currently designed so that food services will be available throughout the project.
If the economy improves sufficiently for retailers to begin expanding and entering into lease agreements, the Station Park project could be fully operational by late 2011. However, it would not be unexpected for full build and lease out to occur by the spring of 2012.
Overall, it was a good meeting attended by approximately 15-20 residents. There is a design model of the complex available and I would encourage other Farmington residents to swing by and take a look. The CenterCal leasing office is located at 42 North 650 West in Farmington.
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