Council approves Union Stockyard Exchange Building agreements with Q Factor and rezone at 682-712 7th Street
November 1, 2022, 6:00 p.m. · City Council Chambers, 2549 Washington Boulevard, Ogden
On November 1, 2022, the Redevelopment Agency board voted 7-0 to approve a land transfer and incentive agreement with Q Factor, LLC for the Union Stockyard Exchange Building and a $1,040,000 budget increase. The City Council then voted 7-0 on a $194,900 budget amendment, Business Exchange Historic zone changes and a rezone of 682-712 7th Street to multifamily.
From the agenda and city or news reports of the results; minutes not yet posted. Updated October 14, 2026.
Decisions at a glance
| Item | Result |
|---|---|
| Land transfer and development agreement, Union Stockyard Exchange Building (Q Factor) | Approved · 7-0 |
| Participation and reimbursement agreement, Q Factor | Approved · 7-0 |
| Budget amendment, Union Stock Exchange Building (Agency) | Approved · 7-0 |
| Neighbor Up Grant guidelines | Approved · 7-0 |
| Landmarks Commission appointments | Approved · 7-0 |
| Natural Resources and Sustainability Stewardship Committee appointments | Approved · 7-0 |
| Budget amendment, Union Stock Exchange Building and miscellaneous grants | Approved · 7-0 |
| Zone text amendments, Business Exchange Historic (BEH) Zone | Approved · 7-0 |
| Rezone, 682-712 7th Street | Approved · 7-0 |
Agenda, item by item
Item RDA 4a-1 · Development
Land transfer and development agreement, Union Stockyard Exchange Building (Q Factor)
Approved · 7-0
After a presentation and public input, the board adopted Resolution 2022-10, authorizing a land transfer and development agreement with Q Factor, LLC for 1.81 acres at about 600 West Exchange Road, the former Union Stockyard Exchange Building. The item had been tabled from October 11.
- Land dealAmount not given to Q Factor, LLC
- Applicant: Q Factor, LLC
- Acres: 1.81
Item RDA 4a-2 · Development
Participation and reimbursement agreement, Q Factor
Approved · 7-0
The board adopted Resolution 2022-11, a participation and reimbursement agreement with Q Factor, LLC for an incentive for developing the old Union Stockyard Exchange Building and adjacent land in the Trackline Economic Development Project Area. The results report does not state the incentive amount.
- PaymentAmount not given to Q Factor, LLC
Item RDA 5a · Budget
Budget amendment, Union Stock Exchange Building (Agency)
Approved · 7-0
The board adopted Resolution 2022-9, a gross increase of $1,040,000 in anticipated revenues and appropriations for fiscal 2022-23.
- Budget$1.04 million
Item 3a · Other
Neighbor Up Grant guidelines
Approved · 7-0
The council approved language to be added to the Neighbor Up Grant Program guidelines.
Item 3b · Appointment
Landmarks Commission appointments
Approved · 7-0
The council appointed Tony Pantone and Sara Langsdon and reappointed Bryan Schade, Mary E. Willis-McMillen, Sue Wilkerson, Judy Mitchell, James Wilson and Thomas Moore.
Item 3c · Appointment
Natural Resources and Sustainability Stewardship Committee appointments
Approved · 7-0
The council appointed Erika McDonald and Taylor Lee.
Item 4a · Budget
Budget amendment, Union Stock Exchange Building and miscellaneous grants
Approved · 7-0
After a public hearing, the council adopted Ordinance 2022-45, a gross increase of $194,900 that transfers CIP funds to the Redevelopment Agency to purchase and improve the Union Stockyard Exchange Building and recognizes new grant awards. The item had been tabled from October 11.
- Budget$194,900
Item 5a · City code
Zone text amendments, Business Exchange Historic (BEH) Zone
Approved · 7-0
The council adopted Ordinance 2022-44, revising dimensional, architectural and material building requirements in the BEH Zone and establishing parking reduction provisions. It had been tabled from October 11.
Item 5b · Zoning
Rezone, 682-712 7th Street
Approved · 7-0
After public input, the council adopted Ordinance 2022-46, reclassifying property generally at 682-712 7th Street from single-family residential (R-1-6) to multiple-family residential (R-3).
- Current zone → proposed: R-1-6 → R-3
What residents said
Zoning change from single-family to multifamily