Triiio Renewal mixed-use project
A 69-unit mixed-use building with about 13,400 square feet of commercial space and a corner bistro in the Downtown project area. The Redevelopment Agency approved a $250,000 payment from the affordable housing fund on October 5, 2021.
Approved
- Type
- Development agreement
- Homes
- 69
- Applicant
- Triiio Group, LLC
- Location
- Northeast corner of 300 South and 100 West
- City Council: Triiio Group agency assistance, Resolution 21-49 RDA (Redevelopment Agency, public hearing)
- City Council: Triiio Group agency assistance, Resolution 21-49 RDA (workshop)
In brief
Triiio Renewal mixed-use project appears on 2 recorded agendas, from the City Council meeting of September 21, 2021 to the City Council meeting of October 5, 2021.
On record, it was approved once.
The most recent decision was approved (4-0) at the City Council meeting of October 5, 2021.
Follow the money and project delivery
Triiio Renewal mixed-use project
- Council action
Approved: Triiio Group agency assistance, Resolution 21-49 RDA (Redevelopment Agency, public hearing) · Approved minutes Record → · Oct. 5, 2021
- Money in the record
grant: $250,000 — Agency assistance on completion of the Renewal mixed-use project Record → · Oct. 5, 2021
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
October 5, 2021 · City Council
Triiio Group agency assistance, Resolution 21-49 RDA (Redevelopment Agency, public hearing)
Approved · 4-0
Sitting as the Redevelopment Agency, the council approved $250,000 from the affordable housing fund, payable on completion, for the Triiio Renewal mixed-use project at 300 South and 100 West: 69 units, about 13,400 square feet of commercial space and a 1,200-square-foot corner bistro. Bronwyn O'Hara asked what 'affordable' means for the project; John Shivik preferred funds go to affordable housing. Simmonds said the city rarely receives such proposals and unused funds revert to the state. Developer Michael Jewell described the difficulty of winning tax credits.
September 21, 2021 · City Council
Triiio Group agency assistance, Resolution 21-49 RDA (workshop)
Discussed
Economic Development Director Kirk Jensen presented a proposed $250,000 payment from the agency's affordable housing fund, due on completion, for a 69-unit mixed-use project with about 13,400 square feet of commercial space at 300 South and 100 West. Council Member Amy Anderson raised a letter questioning the use of moderate-income housing funds for market-rate housing; Jensen said state law allows it in project areas with a blight finding. Developer Michael Jewell said low-income housing tax credit projects are highly competitive in Utah.