Exchange development agreement, 14068 South 145 East
Development agreement for the last vacant lot in the Exchange office development, allowing a 60-foot building (code maximum 45 feet) and other design and parking exceptions for an office building Rincon Research said it would occupy. The council adopted Ordinance 1738 on Sept. 15, 2026. The site plan, building permit and occupancy are separate later steps.
- Where it stands
- Approved
- Type
- Development agreement
- Location
- Approximately 14068 South 145 East
- Size
- 2.15 acres
- Applicant
- Woodbury Corporation, for Rincon Research
Every hearing and vote
September 15, 2026 · City Council
Ordinance 1738: Exchange development agreement, 14068 South 145 East
Approved · 4-0
Community Development Director Jennifer Jastremsky said the 2.15-acre parcel is the last vacant lot in the development. The agreement allows a building height of 60 feet (code maximum 45 feet), tilt-up concrete, EIFS and metal panel materials, façade articulation matching existing buildings, no landscaped islands between head-to-head parking rows, a 25% parking range (code 10%) and concurrent site plan and building permit review. The Planning Commission recommended approval 5-0. Representatives of Woodbury Corporation and Rincon Research said Rincon, a defense research company, would occupy the building, had received a state tax incentive for its expansion and planned to employ more than 125 engineers and scientists in Draper; those are the company's statements. Council Member Fred Lowry objected to parking-lot tree diamonds. No one spoke at the public hearing.