Lakeside Village Development Site
Land | 32.29 acres
Marketing description
Northmarq is pleased to present Lakeside Village, a ±32.29-acre residential development opportunity located within the master-planned Lakeside Landing community in Springville, Utah. The offering represents a rare opportunity to acquire a planned 328-unit residential community with a fully conceptualized site plan, defined unit program, and strong alignment with municipal planning objectives.
Lakeside Village has been thoughtfully designed as a walkable, street-oriented neighborhood featuring a mix of townhomes, cottage-style homes, and higher-density residential product. The site plan incorporates a traditional neighborhood framework with integrated open space, pedestrian connectivity, and a diverse architectural approach—positioning the project to meet the growing demand for attainable, for-sale housing in Utah County.
Significant pre-development work has been completed, including detailed site planning and coordination with Springville City. The property is zoned within the Lakeside Landing Special District (T4, T5, T6), allowing for a flexible mix of residential and mixed-use product types. This established framework provides developers with a clear and efficient path toward final approvals, while still allowing the flexibility to refine product mix, density, and design to align with market conditions and builder preferences.
The site is a key component of the broader 160-acre Lakeside Landing master plan, which will ultimately include approximately 2,000 residential units, 120,000 square feet of commercial space, and a network of parks, trails, and community amenities. This larger vision enhances long-term value and creates a cohesive, destination-quality environment for future residents.
With its scale, advanced planning, and strong municipal alignment, Lakeside Village offers a compelling, de-risked opportunity for production homebuilders and developers seeking to deliver a high-quality residential community in one of Utah's fastest-growing markets.
Investment highlights
- Planned 328-unit residential community with a fully conceptualized site plan, defined unit program, and strong alignment with municipal planning objectives
- Thoughtfully designed as a walkable, street-oriented neighborhood featuring a mix of townhomes, cottage-style homes, and higher-density residential product
- Site plan incorporates a traditional neighborhood framework with integrated open space, pedestrian connectivity, and a diverse architectural approach
- Zoned within the Lakeside Landing Special District (T4, T5, T6) allowing for a flexible mix of residential and mixed-use product types
- Clear and efficient path toward final approvals, while still allowing the flexibility to refine product mix, density, and design
- Key component of the broader 160-acre Lakeside Landing master plan, which will ultimately include approximately 2,000 residential units, 120,000 square feet of commercial space, and a network of parks, trails, and community amenities
- Designed with a walkable, street-oriented neighborhood layout and integrated open space
- Located within a 160-acre master-planned community featuring ~2,000 units and 120,000 SF of commercial
- Ability to phase development and optimize absorption and capital deployment
- Flexibility to refine product mix, density, and architecture within established framework
- Access to regional infrastructure planning (sewer, roads, utilities) tied to master development
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