Magna’s Arbor Park development nearing approval
BY TOM HARVEY
The Salt Lake Tribune
Developer John Gust’s family has owned the Arbor Park area of Magna since 1928. And now, he says, the 17-acre area at 8400 W. (Utah 111) and 3500 South is ripe for redevelopment with 150,000 square feet of retail and office space that will keep Magna residents in the town instead of having them drive to other areas for purchases.
Gust of Arbor Park Associates LLC and partner KC Gardner Co. run by prominent developer Kem Gardner are poised to begin construction on the $15 million to $20 million Arbor Park project of retail areas and office space in Magna on the Salt Lake Valley’s west side. Financing is being provided by Zions Bank, said Gust....
“The good news is we have an active developer,” said Carpenter. “Some other things we’re hoping will be announced are exciting retail opportunities.”
“It’ll be a mix of retail, a grocery, restaurants, fast casual food — various shops,” said Gust, who said he could not disclose which businesses had signed leases nor with which ones negotiations were underway.
Gust has been behind the developments at The District in South Jordan, the Jordan Creek Town Center and Draper Crossing. Arbor Park is designed much like them, he said.
“There’s a lot of connectivity to it with walkways,” Gust said. “There’ll be updated lighting, benches; there’ll be kind of a sitting area out in the corner.”
The development will have access to mass transit from the Utah Transit Authority’s 3500 South bus rapid transit line.
Renovation of some existing buildings has begun but new construction will wait final approvals and negotiations with two major retailers whose names he could not disclose, Gust said.
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