PARK CITY, Utah (March 30, 2016) – CenterCal Properties broke ground on an 8.5 acre mixed-use development project in Summit County yesterday. The project is comprised of 61,000 square feet of retail space and 20 apartment units which will be deed restricted as affordable. Whole Foods will be anchoring the project with a 43,000 square foot prototypical new store.
A groundbreaking event for the project will took place Tuesday, March 29, at 4 p.m. Summit County Officials were on hand, including County Council members Roger Armstrong and Kim Carson as well as County Manager Tom Fisher.
“We are very excited to have the opportunity to work with Summit County on such a prominent piece of property. Kimball Junction represents the gateway into Park City, and we look forward to creating a project that the entire community can be proud of.” Said Fred Bruning, CEO, CenterCal Properties
As part of their development agreement with the County, CenterCal will be incorporating a package of public benefits into the project. Canyon Corners will feature a new bus shelter, a bike share system as well as a financial contribution to the Kimball Junction Circulator bus system. The project will also feature 20 units of workforce housing that will be located on the 2nd story of the project’s 18,000 square foot shop building.
“The planning and entitlement process for this project included countless hours of collaboration between County Staff and CenterCal. We are very proud of the outcome of the process and believe the Canyon Corners project will be indicative of the goals and desires of the community for this landmark piece of property.” Said Fred Bruning of CenterCal.
Opening for the Canyon Corners project is scheduled for Summer/Fall of 2017 with approximately 7-10 retailers and restaurants.
For more information about Canyon Corners or CenterCal Properties, contact Christa Graff, of Graff Public Relations, by calling 435-640-7921 or emailing christa@graffpr.com.
About CenterCal Properties, LLC
CenterCal Properties, LLC, founded in 2004 by Fred Bruning and Jean Paul Wardy, is a full-service commercial real estate company that is in the business of investing, developing, leasing, and managing its projects. CenterCal excels in, and is best known for, creating destinations throughout the western United States with a unique strategy of “place-making,” which emphasizes the importance of developing spaces with a sense of community. Fred and Jean Paul’s creative vision and development passion coupled with Centercal’s internal expertise is evident in the properties that Centercal owns and operates, including Bridgeport Village, Cascade Station, Nyberg Woods and Nyberg Rivers in Oregon, Valley Mall and The Trails at Silverdale in Washington, Station Park in Utah, The Village at Meridian and Treasure Valley Marketplace in Idaho, Blackhawk Plaza in Northern California, and The Collection at Riverpark and Plaza 183 in Southern California. Projects currently under development include The Village at Totem Lake in Washington, Park City and Riverton in Utah, Concord in Northern California and The Waterfront in Redondo Beach, California. For more information on all of CenterCal’s properties, please visit www.centercal.com.
