Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Urban Center & Bees Stadium: Housing & Density
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Urban Center & Bees Stadium: Housing & Density
The area that LHM is calling “Downtown Daybreak” is in what was recently approved as a Housing Transit Reinvestment Zone (HTRZ) along Mountain View Corridor in South Jordan, which will create affordable housing, encourage the use of public transit, and generate needed economic development opportunities in the southwest portion of the valley. The City believes this is the best opportunity to create affordable housing in the fastest-growing quadrant of Salt Lake County.
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Urban Center & Bees Stadium: Housing & Density
The resulting Housing and Transit Reinvestment Zone — approved by a special committee made up of appointed and elected officials from various state and local governmental entities and headed by the Governor’s Office of Economic Opportunity — sits between two existing TRAX stations and is centered around a third proposed stop as well as the still-to-be-completed Mountain View Corridor.
Money invested by the developer — pooled with increased property tax increment in the city and other tax entities such as the county, school district, and utility districts that are generated from the additional development — is meant to fund housing density that ordinary market conditions wouldn’t otherwise make financially possible, as well as funding increased infrastructure, other transportation needs, and water conservation. Noting that this is not a tax increase and that the previously mentioned taxing entities will continue to receive the same amount of tax revenue that was generated before the creation of the HTRZ. The project area only receives the taxes generated by the increase in value from the new and higher-valued development. Once the project area timeline is completed, the taxing entities receive all tax revenues generated within the HTRZ project area from that point on.
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Urban Center & Bees Stadium: Housing & Density
While portions of the “Downtown Daybreak” development are planned for about 65 units per acre, overall gross density in the town village designation cannot exceed 50 units per acre across the entire village designation. Also, Daybreak’s gross density across the entire community cannot exceed five units per acre. This means while this urban center project is more dense, that other areas in the Daybreak planned community must be less dense.