Once constructed, the mixed-use lifestyle center - atop two underground parking levels - will stand as the tallest building in Davis County.
The 1.2-million-square-foot development, to be built in three phases on 11 acres near State Road 193 and 2000 East, is expected to redefine the northern Davis County city of 27,241 residents.
"The magnitude of the project and the fact that it's different from anything that exists in Davis County is in itself attractive to the city," said Clearfield Mayor Don Wood.
The first phase of the $185 million project could open in early 2009, with the second and third phases set for completion in 2010, according to Rob Storey, business-development director for Orem-based Midtown Development.
Along with a 900-seat performing arts venue, the village will feature eateries, shops, high-end condos and office space.
A 16-acre park will complement the village, Wood said, featuring tennis courts, a "tot-lot" and a boardwalk winding through a wetlands area that will be left in its natural state.
The city will contribute $22 million toward the project, Storey said, in the form of a special-assessment bond to be paid off through homeowners association fees and other assessments within the project.
In return, Clearfield will own the project's theater, park and one parking level.
"Taxpayers won't fund any of it," Storey said of the public-private venture.
Midtown is constructing a similar three-phased village in Provo, where all of the residential units have already sold out, Wood said.
"We're all giddy about the project," said Davis County Commissioner Alan Hansen. "It will really enhance that part of town."
cmckitrick@sltrib.com

