Salt Lake City

RDA Commemorates 28 Years of Sugar House Redevelopment with Art Donation, Stakeholder Celebration

FOR IMMEDIATE RELEASE

October 28, 2015

Contact: Amanda Holty, RDA

801-535-7181, amanda.holty@slcgov.com

RDA Commemorates 28 Years of Sugar House Redevelopment with Art Donation, Stakeholder Celebration

SALT LAKE CITY — The Redevelopment Agency of Salt Lake City (RDA) invites residents and media representatives to attend a reception celebrating 28 years of redevelopment projects in its Sugar House Project Area at 4:30 p.m. on Thursday, Oct. 29 at Wasatch Brew Pub on Sugar House’s Monument Plaza, 2110 S. Highland Drive. Community advocates, local business owners, elected officials, taxing agency partners and other area stakeholders will be in attendance to hear comments from RDA Director D.J. Baxter, Sugar House Community Council Chair Amy Barry, RDA Chairman and City Councilman Stan Penfold and Salt Lake City Mayor Ralph Becker.

At the event, Mayor Becker will unveil an original painting from local artist Colleen Reynolds specially commissioned by the RDA to commemorate Sugar House’s transformation over the past 28 years. The painting is being donated to the Sprague Library, where it will remain on display.

“The growing vibrancy of our Sugar House neighborhood is a great reflection of its residents’ energy and community spirit,” said Mayor Ralph Becker. “Closing out the this RDA after nearly three decades of work in the area reflects the growth and vibrancy that's come to this neighborhood from the wise use of Redevelopment investment and a committed neighborhood and businesses. I believe the groundwork has been laid for Sugar House’s continued success and the return to normal property tax conditions for Salt Lake City, Salt Lake County and the Salt Lake City School District."

The Sugar House Project Area was established in 1986 and until 2014 collected tax increment from RDA taxing agency partners: Salt Lake City School District, Salt Lake City, Salt Lake County, Central Utah Water Project, Salt Lake City Public Library, Salt Lake City Mosquito Abatement, and Metropolitan Water District of Salt Lake City & Sandy. While not a financial partner, the Utah State Board of Education also sits on the RDA’s Taxing Entity Committee. Over this period of time, the property value of the Project Area increased from $54.4 million to $248.8 million, or 357 percent.

“The RDA’s years working in Sugar House could not have been more rewarding,” said Baxter. “Not only do we owe the community a large amount of gratitude for its patience during numerous residential, commercial, transit, open space, public art, and infrastructure projects, but we also would like to thank our taxing agency partners for making these improvements financially possible.”

Some of the RDA’s most notable Sugar House projects include: Irving Schoolhouse Apartments (1994), Hidden Hollow (1997/2002), Commons at Sugar House (1999), Sugar Beet Public Art (2003), Urbana on Eleventh Condos (2010), Sugar House S-Line Streetcar (2014), and Sugar House Monument Plaza (2015).

The Redevelopment Agency of Salt Lake City seeks to implement Salt Lake City’s development plans, enhance property values, and build community through high-quality urban design, vibrant public spaces, and incentives for private investment. For more information on other RDA projects and programs, go to www.slcrda.com or call 801-535-7240.

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