HomeMy WebLinkAboutCouncil Provided Information - 10/14/2025CRA BOARD MEETING – OCTOBER 14, 2025
SALT LAKE CITY COMMUNITY REINVESTMENT AGENCY
SUGAR HOUSE TIER 1 PROPERTIES
PRE-DISPOSITION REPORT
S-LINE AND CRA PROPERTIES
OVERVIEW/BACKGROUND
•Located at ~1085 E Simpson and 2234 S
Highland Drive
•October 2024: CRA Board approved fully
discounted conveyance of property from
the CRA to SLC to allow for additional
ROW for the S-Line Extension
•Original plan had station on southern
edge of CRA property
•Current design extends the S -Line across
Highland Dr
•Amount of CRA land needed for
extension reduced from ~14k to ~6k sq ft
S-LINE ALIGNMENT
REDEVELOPMENT PROCESS
NEXT STEPS
•Re-route power lines
•Demolish and remove buildings
•Sugarmont Drive closure – will be
incorporated into CRA
redevelopment
•Dedicate land to allow for S-Line
extension and clean up property
lines via plat
•S-Line construction
•Release RFP for redevelopment
REAL DISPOSITION POLICY
POLICY REQUIRES A BOARD UPDATE AT
THE FOLLOWING STAGES OF PROPERTY
DISPOSITION:
•Pre-disposition (prior to marketing the
property)
•Developer selection
•Development/lease agreement
PRE-DISPOSITION REPORT: CRA PROPERTY OVERVIEW
PROPERTY OVERVIEW
•Location: ~1085 E Simpson and 2234 S
Highland Drive
•Size: ~1.77 acres
•Project Area: Sugar House(tax
increment collection concluded in 2014)
•Property Type: Tier 1
•Current Use: Mostly vacant, except for
maintenance shed currently used by
Public Services
•Zoning: Mixed Use 11 (MU-11)
PROPOSED REUSE PLAN
•Mixed-use development with ground floor
commercial on Highland Drive and
affordable housing
PRE-DISPOSITION REPORT: PROPOSED DISPOSITION/TIMELINE
METHOD OF DISPOSITION
•Competitive RFP
SUGGESTED TIMELINE
•RFP Released: Q1 2026
•RFP Proposals Due: Q1 2026
•Developer Selection: Q2 2026
•Exclusive Negotiations: Q4 2026
•Closing & Project
Groundbreaking: Q4 2027
PRE-DISPOSITION REPORT
QUESTIONS?