SunCrest Development August 14, 2017

SunCrest ShoeBox Proposal

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On Monday August 14th from 6:30-7:30PM at the SunCrest Clubhouse, the owners of the ~84 acres known as the “SunCrest Shoebox” parcel located East of Tallwoods and West of Eagle Crest subdivisions in SunCrest will be holding a neighborhood meeting to review their upcoming proposal for the SunCrest area land. There will be a short presentation followed by a question and answer session.

The latest proposal outlines nearly 40% open space, a 7-acre monument park, clubhouse, and pool; in addition to 233 housing units (81 single family, 134 townhomes, 18 townhome/multifamily). Previous proposals for the area included commercial/office space, a school, and storage facility–all of which have now been eliminated.

For those unable to attend, below is a preliminary proposal for the area.

It’s important to note to that these plans are preliminary and are still being reviewed by Draper City. If they property owners decide to pursue this plan, it will still need to go before the Draper City Planning Commission and City Council for approval. This development is not currently apart of the SunCrest HOA and would need to be annexed should they decide to join.

SunCrest Development August 9, 2017

SunCrest Shoebox Neighborhood Meeting

SunCrest Shoebox Neighborhood Meeting

On Monday August 14th from 6:30-7:30PM at the SunCrest Clubhouse, the owners of the ~84 acres known as the “Shoebox” parcel located East of Tallwoods and West of Eagle Crest subdivisions in SunCrest will be holding a neighborhood meeting to review their upcoming proposals for the SunCrest area land. There will be a short presentation followed by a question and answer session.
The area is currently zoned as Residential Commercial or more simply defined as  “Commercial activities designed to serve a regional area.” (Full code here.) Past proposals, although never approved, included a charter school, commericial buildings, townhomes, and single family homes in addition to dedicated open space. Most recently, the SunCrest Owners Association surveyed nearly 300 SunCrest residents regarding potential commercial space uses including indoor and/or outdoor storage facilities.
The land is not currently included in the SunCrest Owners Association and would need to annexed (like the Candlelight Edelweiss subdivision) should they choose to be apart of the OA and be approved by OA Board and Draper City.
SunCrest DevelopmentSunCrest News December 21, 2016

Draper delays 55 acre surplus, planning SunCrest open space

Draper City Council unanimously voted to delay the surplus of 55 acres of SunCrest area land until a definitive conversation easement can be put into place for the greater SunCrest area. The decision comes after receving public input in a crowded public hearing and efforts led by Draper Mayor Troy Walker in exploring a conversation easement with Salt Lake County.

55-acre-surplus-proposal

Image courtesy of Draper City

Walker said, “There are a lot of questions that are not answered and I think the public comment has given us a lot of opportunities and avenues to look….conservation easement is something I am very in favor of.”

In addition to the conversation easement and as part of their overall plan for SunCrest open space, the City will look to surplus areas for probable residential development in an effort to help pay off the debt incurred from the original SunCrest purchase. In the coming weeks or months, Draper City will hold meetings regarding the surplus (sale) of additional SunCrest land and a more definitive outline of where a perpetual conversation easement will be.

suncrest-boundary

Image courtesy of Draper City

Media:
Deseret News: Draper holding off on SunCrest development, planning 3,000 acre protection.
KUER NPR Utah: Draper City Council To Preserve SunCrest Open Space, Hold Off On Development.

SunCrest Development November 1, 2016

Draper City Property Surplus | Mercer Hollow Area

After approving a 7.3 million dollar offer from Blue Bison Development on 110 acres of SunCrest area property that was declared surplus (surplus= the city’s way of saying “for sale”), Draper City appears to be looking to sell more SunCrest area land.

After a proposal from the developer at an October business meeting to purchase additional land from the City, Draper City will seek public comment on the matter at the December 6th City Council meeting. Below is an overview of the newly proposed surplus area.

road-layout

The proposed parcel, along with the 110 acres currently under contract are in the same proximity as the 20-acre parcel known as Mercer Mountain Estaes that was used to facilitate a settlement agreement between a private developer and Draper City.  It’s possible each neighboring development could provide secondary access to each other.

110 SunCrest Surplus
Residents are encouraged to participate by attending the Draper City council on December 6th or by emailing assistant city manager Russell Fox (russell.fox@draper.ut.us)

SunCrest DevelopmentSunCrest News October 5, 2016

Hidden Canyon Estates-Phase 1

Hidden Canyon Estates-Phase 1

Today, Edge Homes released pricing for the first phase of the Hidden Canyon Estates subdivision in the SunCrest area. Prices start around $400,000 and Edge Homes has indicated the first 5 will be selling discounted and will increase after that. The original development agreement called for a minimum of .17 lot size. This phase is the first of a multi-year, multi-phase development.

You can view future Hidden Canyon Estates phases here and sign up for future SunCrest development news here.

 

If you’re interested in building, we believe putting a Realtor on your side when building a home is the smartest move you can make to ensure you dream home doesn’t become a nightmare. As SunCrest resident realtors, we’re hyper focused on the area and can help you decide if building is right for you, advise you on building the right house for your needs, act as a buffer between you and the builder, and help you avoid costly mistakes in the building and purchasing phases. Best of all, you pay nothing more for having a realtor on your side when building!

Contact us today for a no obligation consultation on what we can together to help achieve your homeownership goals.

*Note: While this development is in the SunCrest area, it’s not currently a part of the SunCrest HOA.
*Price sheet courtesy of Edge Homes and subject to change without notice.
SunCrest Market Updates August 31, 2016

August SunCrest Market Update

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More SunCrest Development?

Draper City recently received a $7.3 million dollar offer from Blue Bison Development on 110 acres of SunCrest area property. Located at approximately 2900 E 16000 S, or just east of the Mercer Hollow subdivision on the Utah County side, this area was declared surplus a few years back (the city’s way of saying “for sale”) and appears to have found a buyer.

110 SunCrest Surplus

The potential development would be accessed from a new road off of SunCrest Drive. It does lie within the Traverse Ridge Special Service District (TRSSD) which would be in charge of maintenance costs if the road is public, and the developer would be in charge of any easements and future connections or subdivision needs. This parcel neighbors ~365 acres known as Alpine Joint Ventures that will also likely be developed.

 Our take: 

Since Draper City’s $5.3 million dollar purchase of nearly 2,400 acres at the end of 2012, almost 200 of those acres appear to be heading towards residential development. This parcel, along with Hidden Canyon Estates and Edelweiss, may have you wondering, “How will new construction impact my home’s value?” New development in any community presents more choices for buyers and sellers. Depending on the size, style, and lot size, new homes can bring new competition to existing SunCrest homes when it comes time to sell, but they will also bring a lot more people up the hill who are interested in buying in SunCrest new construction isn’t for everyone. Working with a team to help position yourself to stand out in a bigger (and newer) crowd, however, will become even more important for any SunCrest homeowner looking to sell.


Our SunCrest Market Update is a hyper-local analysis of the most up-to-date information regarding the SunCrest real estate market.  The previous month’s SunCrest housing information and future editions are released monthly.

SunCrest Development August 11, 2016

Edelweiss preliminary plat

Edelweiss Development

After unanimously passing the planning commission, Draper City Council will review a new preliminary plat proposal for the Edelweiss subdivision 7 PM, August 16th, at 1020 East Pioneer Road. This 171 lot, 61 acre subdivision is located north and east of the existing Stoneleigh Heights townhomes.

2016 Edelweiss Preliminary Plat Map

Edelweiss Preliminary Plat Map

Draper City approved a preliminary plat last year but due to geologic hazards on the north-west portion of the property, the applicant had made changes to to their plat. Most notably:

  • Eliminating the connection from Stoneleigh Heights Drive.
  • Eliminating townhomes from their subdivision.
  • Reconfiguration of the cottage and estate lots.

    2015 Edelweiss Preliminary Plat Map

    PREVIOUS Edelweiss Preliminary Plat Map

Read the full legal stuff and planning commission packet here. Email the city here.

SunCrest Development August 2, 2016

Draper City to review offer for property in SunCrest

Draper City-Blue Bison 110 acre purchase contractDraper City is looking at a 7.3 million dollar offer from Blue Bison Development on 110 acres of SunCrest area property that was declared surplus (surplus= the city’s way of saying “for sale”)  a few years back. This large piece of real estate is located at approximately 2900 E. 16000 S, or just east of the Mercer Hollow subdivision on the Utah County side.  Some additional deets? The buyer is requesting access off of from SunCrest Drive,  assuming responsibility for any easements, and agreement of future connections or subdivision needs. Read the full legal stuff and city council packet here.

 

 

SunCrest Development April 13, 2016

Hidden Canyon Estates Plat | City Council Recap

Hidden Canyon Estates

Recently, Draper City held a public hearing to discuss the preliminary plat for the Hidden Canyon Estates subdivision. We were there and below is a summary of the comments we made.

City council will vote on this matter at their next meeting. PLEASE voice any questions, comments or concerns you have directly to the City Council by emailing them here.

TRSSD:
The development agreement will require homeowners pay into the TRSSD. No other financial compensation is proposed for road repair or maintenance from construction.
Street Size:
Snow accumulation and where it can be pushed has been a recurring issue in SunCrest. The applicant is requesting the street size to be reduced from 56′ to 50′. This street size is comparable to other streets in SunCrest. Last year, Draper City approved 46′ wide streets with one sidewalk for the pending Edelweiss development.
Open Space:
The development agreement requires a minimum lot size of .17 acre and as presented complies with current zoning. The plans offer no open space within the subdivision. There is a retention pond that is slated to have a walking path but no green space, playground, or tot lot.
Trails: 
The plans as presented provide a conceptual drawing of the proposed trails. There are no trailheads, just connections into the existing trail system. The development agreement does state the applicant will be donating $500,000 to the parks and trails that is “to be used in the area” by the time the applicant begins their second phase.
Street Entry/Exit: 
A single entry lane, a deceleration lane, and a left hand turn lane will be made at the subdivision ingress. A left, right, and acceleration lane will be made at the egress to the subdivision.
Sidewalks:
No answer was given regarding a sidewalk running along the East side of SunCrest drive.
Wetlands: 
No definitive answer was given if any of the proposed area is in wetlands. The proposal does require that a “determination be made by a competent professional” prior to approval.
Loose ends:
Hidden Canyon Estates is not currently included the master SunCrest HOA.
The applicant stated the development is likely a 3-7 year project.
Unless another egress is made, they are limited to 50 homes from a single access point.
SunCrest DevelopmentSunCrest Market Updates March 31, 2016

March SunCrest Market Update

Hidden Canyon Estates – Coming Soon!

Get ready for some new neighbors in our mountaintop community — Hidden Canyon Estates is coming soon (Don’t miss a beat— sign up for development updates here). This development sits on approximately 103 acres located east of SunCrest Drive.

Hidden Canyon Estates SunCrest

What To Expect

Currently, the development is approved for a maximum of 300 single-family homes, each with a minimum 7,500sq/ft (.17-acre) lot. Since there is only one access point off of SunCrest Drive right now, they will be limited to 50 homes until a second access point is built.

This parcel and 2 other parcels were part of a settlement agreement between the existing property owner and Edge homes in 2014. The preliminary plat passed the Draper City Planning Commission is headed to City Council for approval. Upon approval from the Council, the subdivision will include nine phases—the first eight by Edge Homes, and the final phase by the original property owner. View the full plats below.

And What About…?

SunCrest HOA: As of this writing, it’s unclear if they will join the SunCrest HOA.
Open Space: The plat includes two parcels of open space. A .31 acre parcel in Phase 1, and a second .18 parcel next to the city’s existing detention basin.
Parks and Trails: $500,000 will be given to Draper City and be used in the first or second phase trail and trailhead improvements
Traverse Ridge Special Service District: Any subdivision on the property will be a part the Traverse Ridge Special Service District.

 Our take: 

You may be wondering, “How will new construction impact my home’s value?” New development in any community presents more choices for buyers and sellers. Depending on the size, style, and lot size, new homes can bring new competition to finished homes when it comes time to sell, but they will also bring a lot more people up the hill who are interested in buying in SunCrest. Buyers and sellers all have different goals, timing, and lifestyles that make each experience unique. Finished basements, full mature landscaping, established neighborhoods, and different scenery are all strong features of homes already built, so we expect to see existing home sales remain strong, even with new development looming. Working with a team to help position yourself to stand out in a bigger (and newer) crowd, however, will become even more important for any SunCrest homeowner looking to sell.