One of the largest landholders in the Salt Lake Valley is switching from mining to community building.
Kennecott Land Co. is an important player in the past, present, and future of the Salt Lake Valley. It was one of the biggest employers in the early 20th century with its mining operations. Now, it owns over 100,000 acres in the fastest growing areas in the valley. In the future, it plans to build large, master-planned communities housing tens of thousands of residents. Plans for the first such development, Daybreak, will include a town center with retail and businesses, a TRAX light rail station, housing within walking distance of the town center, a network of trails and open space. It will also be powered by renewable resources and manage much of its waste onsite. At buildout, it is expected to have over 30,000 residents and is the first of many similar developments the company is planning.
Thanks to Peter Christensen
Read the full story: Kennecott Land plans west-side towns
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