WI Commercial Properties (WICP), a privately held developer based in Tampa, Florida, continues the development of Mountain Technology Center in Lindon. The 55-acre campus sits west of the Pleasant Grove Boulevard freeway interchange. The mixed-use development will feature 650,000 square feet of Class A office and industrial space spread over 10 buildings.
The first building is a two-story office/warehouse hybrid, with just over 52,000 square feet completed last year. It already has multiple tenants.
{mprestriction ids="1,3"}The second building is now under construction, and as announced previously, already has an anchor tenant in Jive Communications. According to Ben Richardson, senior vice president of Newmark Grubb ACRES and broker in the development, Jive will take two floors of the new building, which should be completed next summer.
The next phase of the development will include an 88,000-square-foot office/warehouse/industrial space, divisible to 8,000 square feet segments. Mark Weldon, Mountain Tech’s developer and president and CEO of WICP, said this space is unique and can accommodate office/warehouse uses, distribution uses and industrial or retail uses. The building boasts the first 32-foot clear height building in Utah County.
Richardson also explained that the development will also feature something Utah County businesses need: more parking. These buildings will have a ratio of eight stalls to 1,000 rentable square feet. As more technology businesses come into the Utah County section of Silicon Slopes, they need more parking to accommodate their hundreds of employees, Richardson said.
Future development at the site will include further hybrid office/warehouse buildings and an incubator space to function as a hub for local startups. The development will include restaurant and fast-casual food areas as well. Those will be located in the corner adjacent to the 88,000-square-foot office/warehouse hybrid building. These eateries are expected to service the hundreds, potentially thousands, of employees working in the buildings in Mountain Tech Center.
WICP owns and manages over 1.2 million square feet in Florida and Utah. It previously developed over 40 acres in Utah County for a total of 460,000 square feet that is currently 100 percent occupied, Richardson said.
“This is going to be fantastic. I am pumped,” Weldon said. “Mountain Tech is going to attract some world-class tenants.”{/mprestriction}
