tod news

UTA Moves Forward with Second Transit-Oriented Development Project in Two Months
Staff | UTA

 

The Baltimore region has been less affected by federal spending cuts than other parts of the state, helping to make it a bright spot in an otherwise lackluster Maryland economy, a federal economist said Thursday. (David Hobby, The Baltimore Sun)

On the heels of the groundbreaking of the East Village transit-oriented development in Sandy, attended by U.S. Department of Transportation Secretary Anthony Foxx, UTA is moving forward with its second transit oriented development (TOD) in West Jordan City. Today the Board of Trustees approved the conveyance of land surrounding the Jordan Valley TRAX Station to the joint venture entity established with the chosen developer.

 

The $40 million first phase of the Jordan Valley Station TOD, called Bangerter Station, will be a model multi-use TOD, with 267 housing units, retail shops, and structured parking within walking distance of the Jordan Valley TRAX station.

 

“This is a great moment for West Jordan City, UTA and the entire Salt Lake Valley. When it is completed, Bangerter Station will be a vibrant part of the city, providing a great place to live and work,” said Michael Allegra, UTA president and CEO. “Bangerter Station will be a great destination with excellent transit access, reducing traffic congestion while improving air quality.”

 

When all phases are complete, Bangerter Station will boast nearly 1,400 residential units, 83,000 square feet of office space, structured parking, and nearly 35,000 square feet of restaurant and retail space.

 

Located next to the TRAX Red Line, the development will provide easy access to major destinations in the valley including the University of Utah, downtown Salt Lake City, the Jordan Landing shopping center and more.

 

UTA expects work to begin soon on phase 1, as the developer has demonstrated that it has lending in place to begin construction. All local, state and federal approvals have been secured for the development to move forward. Additionally, UTA will recoup its investment for the Jordan Valley parking structures, as well as investment from the Draper FrontRunner station.

 

The Bangerter Station project reflects the model identified by Secretary Foxx as a blueprint for a successful TOD, and it follows the Wasatch Front Regional Council growth plan.