SunCrestUncategorized January 22, 2014

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

SunCrest January 8, 2014

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. 

Uncategorized January 4, 2014

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. 
 
 
SunCrest October 3, 2013

SunCrest Market Update – September

Uncategorized September 3, 2013

SunCrest Market Update – August

SunCrest August 2, 2013

SunCrest Market Update – July

Uncategorized July 1, 2013

SunCrest Market Update – June

SunCrest June 22, 2013

Board of Trustees Meeting Recap (June 19th 2013)

 

Q&A’s:

School Bus- Draper City is continuing to work with Alpine School district to formulate a better drop off/pick up system. Their intent is to have a new location (close to the Community Center) by Fall.

Sidewalk to Stoneleigh Heights phase 3 – Currently there is no "safe" way to get to the 3rd phase of the townhome community. City council members in attendance agreed this is a serious problem and will address in upcoming city council meetings and will address as soon as they can to help ensure pedestrian safety.

The parking strip at the intersection of Traverse Ridge Road and SunCrest Drive (where they eliminated the free right turn) will be undergoing a beautification project. Originally Draper City had planned on completing the project by Spring, but now hopes to have the project completed by the end of Summer. Original plans were thought to include a bike rest area with benches/tables, grass, flowers, and trees, but the councilmen in attendance couldn’t confirm the future plans. This project will NOT be coming out of TRSSD funds.

Items on the Agenda:

Lot C&D- As discussed at our annual meeting, the overwhelming #1 response was to have a basketball/multiuse court. The plans include a 190×100 court that will have 6 hoops. Conduit will be run for electrical for potential future use. Tod Bean will be soliciting bids and hopes to have the projected completed within 2 months.

Salt Structure – This topic generated the most comments from the residents in attendance. For years, both Draper City and the HOA have investigated the idea of having a salt dome within SunCrest boundaries. In recent years, salt has just been dumped and stored at the SunCrest market. Draper city has approved preliminary plans and site for a salt structure. The approximate 6,000 square foot facility is slated to be constructed below Oak Summit and Longbranch Drive in the flat clearing currently there. Draper City staff on hand for the meeting indicated this location was "ideal" as it will serve as a central point for trucks to fill salt. Staff indicated this site was one of many sites studied but this was the best location because of its accessible flat terrain and central location within SunCrest. Staff indicated that salt would be stocked during the day to help minimize noise and traffic. Draper city staff and city council members on hand said they hope this will be more efficient and timelier. Many residents on hand expressed concern of its residential location, added traffic, view interruption, and noise. Draper city panning commission will be holding open meetings for residents to express comments/concerns. For those interested, you may email your comments to our City Councilmen/Board of Trustees.

Bill Colbert: bill.colbert@draper.ut.us

Bill Rappleye: bill.rappleye@draper.ut.us

Jeff Steinquist: jeff.stenquist@draper.ut.us

Alan Summerhays: alan.summerhays@draper.ut.us

Troy Walker: troy.walker@draper.ut.us

SunCrest Market- Draper City has been looking for an interested party to lease the SunCrest market and it appears they have found one! The tenant is currently going through their due diligence.  They anticipated if all goes well, they hope to see it open within with 2 months. Plans are for a general market and sandwich shop. Exciting news for SunCrest residents!

SunCrest April 24, 2013

SunCrest Market Update – April

SunCrest March 28, 2013

SunCrest Market Update – March

Our March update includes Februarys new active, pending and sold SunCrest homes. We also discuss inventory and what to expect going forward.