Letter: Development of old Cottonwood Mall site will bring growth — what are the costs?
Crews work on the ground which was once the parking lot of the Cottonwood Mall. On Tuesday (Jan. 15) the Granite School Board will vote on whether to support funneling about $52 million of its future projected tax dollars to the redevelopment of this 57-acre property into a mixed use neighborhood. General Growth Properties plans to build a $550 million project with 534 residences, 700,000 square feet of retail and 100,000 square feet of office space. But the Chicago-based developer says they can't do it without $75 million up front to pour into costly infrastructure upgrades.Rick Egan/The Salt Lake Tribune 1/10/2008
By Mark Miller | The Public Forum
| Jan. 18, 2018, 2:20 p.m.
| Updated: 2:21 p.m.
On the first day of the new year the Tribune carried a story on the development of the old Cottonwood Mall site. Ivory Homes and Woodbury Corp. plan to build 1,000 apartments, 75 brownstone and townhouses and 107 single family homes.
I feel that a conservative estimate for the increased number of children in this area would be 1,000 to 1,500. I have a couple of questions.
Who is going to pay for the new elementary? Will the city be penalized with a huge tax incentive agreement? Where will the new elementary be located on the site? Has increased automobile traffic for this school been considered?
Mark Miller, Holladay