The Summit County Council is expected to vote on the Kimball Junction development at a meeting on March 15. “That's primarily what we've been focused on as we've gone through this process.” “Will the proposed cause harm? Will they solve problems?” County Council Chair Roger Armstrong asked at a March 1 public hearing. A proposed development near transit in Kimball Junction has faced intense pushback over concerns about overcrowding. Nair said Vineyard’s approval process took about eight months to complete.īut it won’t work in every community. build in a way that they can use transit so that people that are driving on the roads, we don't have to see that traffic just doubling, tripling on the roads as the state continues to have this push for growth.” “We might as well encourage to use transit. “The more that we can encourage growth close to transit, it's a benefit to everybody,” said City Manager Ezra Nair. It’s using it to develop around the city’s FrontRunner train station.Ĭity officials wanted a creative way to address the growing number of people who call the area home and saw this as the right tool. One Utah city that has an approved zone is Vineyard in Utah County. “This is only going to happen in areas where it really makes sense and it's been carefully vetted by a lot of stakeholders,” he said. A proposed zone needs to not only be approved by a local government but also needs approval from the Governor’s Office of Economic Opportunity. Money raised for HTRZs can only be used within the zone, or on projects that will directly benefit the area – including income-targeted housing and parking infrastructure.Īccording to Gruber, the pitfalls of implementation are minimal. It allows local governments to put down money for projects up front and pay them off using future anticipated tax revenues. The funding mechanism used to pay for these projects is called tax increment financing. Administers the TOD Loan Program to provide financing for projects near major bus routes, light rail stops, and TRAX stops for the mixed-use development of affordable workforce housing and commercial space. “If there are more houses built in areas that aren't well-served by transit, then that's going to put a lot more pressure on the city to build more roads and to build more utilities to support new housing.” Utah Center for Neighborhood StabilizatHighland Drive, SLC 84106. ![]() “An HTRZ recognizes that the area around transit stations is a terrific area to absorb some of the growth that we have coming in Utah,” said Wasatch Front Regional Council Executive Director Andrew Gruber. ![]() Advocates say focusing new development near already-existing infrastructure puts less pressure on other city services. ![]() Areas that already have a transit hub, like a train or light rail station, are often in higher-density areas to begin with. The tool has been available to Utah counties and municipalities since 2021 after the Legislature passed the Housing and Transit Reinvestment Zone Act. Housing and Transit Reinvestment Zones allow local governments to use a portion of local tax revenue to help support the costs of development near transit stations.
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