These votes were in addition to a 6-1 decision to support the $100 million redevelopment subsidy for the now-closed Cottonwood Mall in Holladay.

Taylorsville's 58-acre project, at 5400 South and Bangerter Highway, is aimed at breathing new life into an old commercial area.

Keith Snarr, the city's economic-development director, said the tax subsidy will be $7.5 million over 15 years, with the taxing entities forfeiting 75 percent of new property tax revenues during that time.

Taylorsville also would contribute 50 percent of its sales tax revenues.

South Salt Lake's Community Development Director Larry Gardner described his city's Market Station project as visionary.

"This truly is a well-planned, transit-oriented project that will make South Salt Lake a stronger city," Gardner said.

The mixed-use project centers on the vacant Burton Lumber yard near 2200 South and Main Street and could make use of the old rail line to connect the site to Sugar House's commercial district via a trolley or streetcar.

Market Station's $19 million tax subsidy extends over 15 years. The school district and other taxing entities will forfeit 75 percent of the project's new property-tax dollars during that time, and the city has agreed to kick in 50 percent of its point-of-sale tax revenues.

"This project has been derelict for a number of years," said South Salt Lake Councilman John Weaver. "If it's not a poster child for [redevelopment], I don't know what is."

West Valley City's North Central Economic Development Area, with about 2 million square feet of light-manufacturing businesses, also received a blessing.

Over the first 15 years, taxing entities will forfeit 90 percent of new property-tax revenues. The project is expected to create 3,600 jobs.

cmckitrick@sltrib.com