March SunCrest Market Update

Posted on April 1, 2015 at 8:12 pm
Scott Steadman | Category: SunCrest | Tagged , , , , , , , , , , , , , ,

Edelweiss Property – SunCrest

Our understanding from previous Draper City meetings and information from the developer is that they wish to be included with SunCrest HOA and have also expressed interest in being annexed into the TRSSD. Our understanding is that it's a multi year buildout plan with town homes, cottage style homes, and larger 1/4-1/3+ acre lots with around 180 units in total. For reference, we've attached the Salt Lake County parcel and Utah County parcel map.

NOTICE OF PUBLIC HEARING:

Notice is hereby given that Draper City will hold a public hearing before the Planning Commission on August 28, 2014, to receive public comment on a request by Nate Shipp, representing DAI for a Zoning Ordinance Text Amendment and Zoning Map Amendment, known as the Edelweiss Master Planned Community, on approximately 61 acres of land at approximately14700 South 2100 East for the purpose of creating a new Master Planned Community zoning district and amending the zoning map on the subject property to the new Master Planned Community Zone.

The hearing will be held at Draper City Hall, 1020 East Pioneer Road, on August 28, 2014, at 6:30 p.m. Inquiries may contact Dan Boles at the Draper City offices, 576-6335.

Posted on August 19, 2014 at 10:12 pm
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July SunCrest Market Update

Posted on July 30, 2014 at 11:27 pm
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June SunCrest Market Update

Posted on June 25, 2014 at 8:33 pm
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May SunCrest Market Update

Posted on May 28, 2014 at 4:25 pm
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Coming soon to the old SunCrest Market

Today, we received some exciting news from the Wadsworth Restaurant Concepts regarding the old SunCrest Market building:
"After a tremendous survey response from over 600 Suncrest residents we are excited to announce a new concept coming soon to the old Suncrest Market building: A family-friendly grill featuring wood fired, authentic Italian pizza with an emphasis on fresh, local ingredients, and a Market that will provide the convenience and essentials that the residents of Suncrest so desire. We are excited to be a part of the Suncrest community and look forward to opening late summer 2014! Keep an eye out for further announcements in the coming months…"

Posted on March 8, 2014 at 4:36 am
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February SunCrest Market Update

Posted on February 25, 2014 at 4:40 pm
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Draper City Approves Surplus of 120 acres of SunCrest property

Following a two week "hold" or "suspension," Draper City made the decision to declare 120 acres of SunCrest property as surplus. This is the first step in their intent to sell the land. 

Next step in the process will be requests for proposals or "RFPs" from potential developers, organizations, or individuals or the designated parcels to be sold. 

You can read the original post regarding the decision here

Posted on January 22, 2014 at 11:38 pm
Scott Steadman | Category: SunCrest, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , ,

Draper City suspends decision to declare 120-acre of SunCrest property as surplus

At the city council meeting on January 7 Draper City made the decision to suspend declaring 120 acres of SunCrest property as surplus. Declaring property as surplus is Draper Citys formal declaration of their intent to sell the property to interested parties. After a property is declared as surplus a request for proposals ‘or RFPs’ are released to begin looking at different uses for the land.

The 100-acre parcel located near the Highland/Alpine drew a large response from Highland city residents.  Residents presented a petition of 120+ residents asking Draper City not to declare the property as surplus. Among their concerns were lot premiums paid by residents for ‘open space’, disturbance of wildlife, less accessible access to the trail system, new infrastructure, water concerns, existing power lines in the area, and the overall difficulty of building on the terrain. Draper City explained their intent would be to not add any infrastructure to this particular parcel.

The 20-acre parcel located near the existing Maple Hollow subdivision didn’t receive as much attention from the public. Draper City explained this parcel they believe would be much easier for a developer to submit plans for as most of the infrastructure is already there.  Residents from SunCrest asked questions wondering if this is the first of more ‘surplus’ properties yet to be released and when can we expect to have a more permanent plan of what will happen with the 2300+ acres Draper City purchased in 2012.  It was also brought before Draper City that both properties lay within SunCrests governing documents and both parcels would be subject to its rules and regulations.

Draper City indicated declaring these parcels as surplus is the first step in helping repay 5.6 million that purchased the 2300+ acres. They reiterated their intent is to keep as much of the SunCrest property as open space but from the beginning these were 2 of the 3 parcels they would try to sell to help recoup costs. The 3 parcel is believed to be in the Deer Ridge community located where the roads ends on the southwest. No information was given to the expected release or size of this potential parcel.

The next public hearing on both the 100-acre and 20-acre parcels will be January 21 at Draper City – 1020 E Pioneer Road. 

Posted on January 8, 2014 at 3:34 pm
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2014 Home Buyers New Years Resolutions

2014 Home Buyers New Year Resolutions 
 
1) Pull credit- this will give you a better understanding of where your credit score is before you meet with a lender. This will be helpful when shopping for lenders. 
 
2) Maintain or improve your credit- Typically a score above 750 is an "excellent borrower". If you're not quite there, meeting with a lender or credit repair specialist to improve your credit score can change your loan options and amount down. Its usually best to pay off bills in full each month and maintain multiple different types of credit. (Credit card, car loan, unsecured loan, etc…) 
 
3) Establish a team- Its never too early begin working with a team consisting of a lender, realtor, escrow officer, tax preparer, etc… Each will provide valuable informaion that will be useful when purchasing. Whether your 6 weeks or 6 months out, preparing now will help position you better when you're ready to buy. I love taking in new buyers and forming a specific game plan to fit their time frame. Looking at inventory now will help buyers better understand the market, its pricing, and how long homes are staying availble. 
 
 
Posted on January 4, 2014 at 2:54 am
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