Two Clyde companies plan Lehi TOD project

Geneva Rock Products of Murray and Clyde Properties, based in Orem, have announced plans to build a transit-oriented development (TOD) on the site of one of Geneva’s old gravel pits in Lehi. The development, which required that the property be annexed to Lehi, received unanimous approval from the Lehi City Council last week.{mprestriction ids="1,3"}

The partnership of Geneva Rock and Clyde Properties, both subsidiaries of Orem’s Clyde Companies Inc., presented a conceptual site plan to the council which showed a mixed-use development that includes 300 luxury apartments and 100 townhome units. The project is designed to accommodate pedestrian and bicycle uses with access to nearby existing and future trail systems. One highlight of the project will be the integration of the upcoming Lehi Rail Trail, which will weave through the site. The project also includes commercial office and retail space and a church building site. Geneva Rock will be donating approximately eight acres of land to Lehi City to accommodate a future UTA transit station and parking lot, developers told the council.

“This site will become a model transit and pedestrian-oriented community in the heart of Silicon Slopes,” said Brandon Henrie, general manager of Clyde Properties. “We are confident that this community will attract tech employees that are looking for housing options near work with access to transit.”

“This development is the first site at Geneva’s Point of the Mountain gravel operation to be retired and transformed into another use,” said Jim Golding, president of Geneva Rock. “Mining at Point of the Mountain is being done in a way to plan for future land use, and this property will become a great example of that final use.”

Clyde Properties hopes to begin site work on the project later this year.{/mprestriction}