SILICON SLOPES Lehi And Drapers UT 84003

This offering provides the opportunity to acquire 1,300 Acres of Mixed-use Development Land in Utah, one of the country’s leading economies.

Currently, the Land consists of 433.5 Acres in Lehi, and 862 Acres in Draper. Most of the development opportunity lies within Lehi, as this portion will feature a wide variety of commercial and residential product types. The Draper portion will solely consist of Single-Family Housing. Preliminary discussions with both municipalities indicate that the Draper Land could be annexed into Lehi for future ease of development.

• Rare opportunity to develop numerous product types for a cohesive live-work lifestyle at substantial scale in one of the nation’s fastest-growing economies and highest demand submarkets
• Located in the heart of Utah’s Silicon Slopes, which is comprised of over 16MM SF of Class A Office throughout Sandy, Draper & Lehi; home to leading startup and tech companies
• The Land is currently owned by Micron, a global leader in innovative data memory and storage solutions. Micron’s state-of the-art 2.3mm SF manufacturing facility in Lehi will remain an integral part of the Development’s Ecosystem
• Micron spent considerable time and effort to master plan the community (please see pg. 7-9 to view details)
• The community will feature Office, Technical/Manufacturing, Retail, Mixed-Use, Multi-Family and Single-Family, Schools, Public Areas, Parks, and an abundance of Open Space
• Micron deeded 1,458 Acre-Feet of Water to Lehi, and 31.9 acres to the Alpine School District
• Unpriced