Canyon Center expected to be started this year
By Steve Fidel
COTTONWOOD HEIGHTS — Ghosts of the past are making way for skiers and others in the future now that a public-private funding mechanism is in place for the Canyon Center development, on the site of the old Canyon Racquet Center.
The $14 million-plus development will include a 1,200-stall parking garage that could be used by skiers in addition to commercial development and a public park. The development also proposes restaurants, hotels, office buildings and office space. Financing includes a pledge of future tax revenues from several taxing entities that overlay the 11-acre site, including the Canyons School District.
Ghosts that have haunted successful development at the site include numerous ownership and management changes since the Canyon Racquet Center was built in the early 1970s, and community opposition to development proposals more recently. The original racquet-sports complex was razed almost three years ago.
more.....
http://www.ksl.com/index.php?nid=148...rted-this-year
Threaded Mode