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REAL ESTATE
Three New Tenants Sign Leases at Valley Grove in Utah
Pleasant Grove, Utah — Three new restaurant tenants have signed leases at Valley Grove, a $1.2 billion mixed-use development in Pleasant Grove. Upon full build-out, the project will comprise more than 1.5 million square feet of retail, office and hospitality space. The Great Greek Mediterranean Grill, Rancherito’s and Wildside Bowls are now open at the property, occupying a total of 5,498 square feet. Cameron Simonsen of Colliers International represented Wildside Bowls in the lease negotiations. Jace Bankhead of Legend Partners represented The Great Greek Mediterranean Grill, and Christopher Wilson of CRC Nationwide represented Rancherito’s. St. John Properties is the landlord. Other tenants at Valley Grove include Club Pilates, MilkShake Factory, Shamrock Coffee, Sip-N Drinks & Coffee, The Smoked Taco and Wayback Burger.
Wasatch Back affordable housing has positive return on investment, study says
Mountainlands Community Housing Trust advocates for and helps create affordable housing in Summit and Wasatch counties. And a study the nonprofit commissioned shows affordable housing has net positive economic impacts for the Wasatch Back. But local leaders fear the study leaves out costs and downsides. Consultants at Economic & Planning...
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