Sandy City’s parcel adjacent to Real Salt Lake’s stadium is for sale – with the city intent on developing it into affordable housing.
Last Tuesday, members of the Sandy City Council voted unanimously to adopt an interlocal agreement between the city and the Redevelopment Agency of Sandy City, which solidified the plan to sell and develop the property. Members of the city council didn’t discuss the sale prior to the vote.
The property, located at roughly 9326 S. Monroe Plaza Way, totals 1.1 acres. The land is located to the southwest of America First Field, home to the Real Salt Lake professional soccer team.
Sandy City will sell the property to the RDA for $20.37 per square foot, which would put the total sale price around $978,432, according to the agreement between Sandy City and the RDA. The payment is due by the end of the month, and the title will be conveyed through a special warranty deed.
The RDA will then market the land via a third party and sell the property. The Sandy RDA will sell the property, “for the development of an affordable housing development on the property,” according to a staff report on the plan.
If the land is developed into affordable housing, the agreement says it’s possible the sale price to a developer could be less than what the RDA will pay to Sandy City.
Though the city or RDA have yet to select a buyer or developer to build housing at the site, the city’s economic development office already has the parcel on its list of future developments. A tab on its future developments website lists the address with a description that notes the site could become home to 18 owner-occupied affordable townhomes.
The site is within the boundaries of The Cairns, a large-scale redevelopment effort that Sandy City launched in 2015. Properties within The Cairns carry specific design standards.
It’s not clear when the RDA could begin marketing the property for sale.













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