Economic Development News
Oct 30, 2014 10:39AM
● By City of Taylorsville
The 68-acre Former Family Center Is Now The Crossroads of Taylorsville and Has New Ownership
Lights, camera and action!!! Significant changes are underway for the former Family Center. Re-monikered and reborn as The Crossroads of Taylorsville, many new and significant changes are underway, especially on the north half of the center as life and vibrancy will be returning to the nearly 50%-vacant center.
Light will be returning to the many darkened areas and stores as the new owners implement improvements. The first change you will see is new signage going up with “The Crossroads of Taylorsville” theme. Later this fall, several old buildings will be demolished to make way for new ones. The owners will submit for new site plans and building permits over the next year. Construction will start on several new buildings, and parking lot and landscaping repair will begin next spring. And then new tenants will start arriving, bringing new life into the 35-year old center at 5400 South and Redwood Road. This intersection in the center of the Salt Lake Valley has the highest daily traffic count (about 100,000 vehicles/day) of any surface street in the state, so you and residents of surrounding cities will be offered new reasons to stop and shop here in the heart of Taylorsville’s commercial district.
The Harmons grocery store at the northeast corner of the center owns its own land and will continue to attract many loyal customers to this area. Harmons’ corporate officials are working with S Squared to coordinate construction and improvements to all parts of the center, providing a win-win for businesses and consumers.
S-Squared Development of San Diego, CA and TriGate Capitol of Dallas, TX are the new owners and developers. S-Squared’s Bill Stone stated, “The plan is to identify one or two new anchor tenants, and work with the tenants and our architect to reconfigure the northern half of the site. Additional plans in the works could include rebranding the center, installing new signage, and improving circulation for both vehicles and pedestrians.”
Consumer favorites like Jo-Ann Fabric and Craft, Sports Authority, 24 Hour Fitness, Shopko, PetSmart, Guitar Center, Seagull Book, Ross, FYE, and many others will remain at the center. In September Guitar Center moved into their new building adjoining PetSmart and their old location was then torn down to provide more parking and better traffic flow. On October 2, Chick-fil-A opened the doors of their new building facing Redwood Road. The future will only add to all of these offerings as the center is redeveloped.
Wayne Harper, Taylorsville Economic Development Director, echoes S-Squared’s enthusiasm by saying, “This is another great day for the residents of Taylorsville. A quality company has purchased the property and has plans to recraft the center and make it a regional destination and draw.”
Leasing will be handled by Coldwell Banker Intermountain, and Newmark Grubb Knight Frank has contracted to take care of property management for the center. If you are interested in more information about opportunities at this location, contact Coldwell Banker’s Salt Lake City office at (801) 947-8300 or visit www.coldwellutah.com.
Follow the Taylorsville Journal on Facebook!