<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=00eiGB_1Cp0rkCd00" alt="https://img.particlenews.com/image.php?url=00eiGB_1Cp0rkCd00" width="1600" height="900" >The Point Partners (TPP), a private development team led by Lincoln Property Company, Colmena Group and Wadsworth Development Group, broke ground on The Point’s first vertical development project, marking the start of the 104-acre downtown district in Draper. This is the first chapter of a broader multi-phase, 600-acre vision for housing, jobs, retail, restaurants, entertainment, health care, innovation, parks, trails and public gathering spaces.The Point is being delivered through a public-private partnership between TPP and the Point of the Mountain State Land Authority (The Point). Utah retains ownership of the land, while TPP brings private-sector capital, development expertise and execution. Phase one is backed by a $165 million infrastructure investment from the Utah Legislature and a $2.3 billion private funding commitment from TPP. Immediate plans include:<ul><li>A 5,000-seat event center, the largest of its kind in the South Salt Lake Valley.</li><li>A 363-unit multifamily residential complex with 42,000 square feet of ground-floor retail.</li></ul>ConnectInside The StoryMike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.</div></body>

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The Point Partners (TPP), a private development team led by Lincoln Property Company, Colmena Group and Wadsworth Development Group, broke ground on The Point’s first vertical development project, marking the start of the 104-acre downtown district in Draper. This is the first chapter of a broader multi-phase, 600-acre vision for housing, jobs, retail, restaurants, entertainment, health care, innovation, parks, trails and public gathering spaces.

Work Underway on Massive SLC-Area Mixed-Use Project

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The Point Partners (TPP), a private development team led by Lincoln Property Company, Colmena Group and Wadsworth Development Group, broke ground on The Po

Work Underway on Massive SLC-Area Mixed-Use Project

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