From environmental hazard to prime Midvale real estate (Photo: KUTV)
(KUTV) – From an environmental hazard unfit to build on, to now one of the most prime pieces of real estate in Salt Lake and Utah Counties.
That’s the case for a 350-acre plot of land in Midvale City just off 7200 South and I-15, where population growth has doubled since 2010.
That’s according to a new growth in Salt Lake and Utah Counties by Dr. Pamela Perlich with the Kem C. Gardner Policy Institute and her team of researchers.
“We see it as one of the hotspots on growth.,” says Dr. Perlich to 2News. “Even though there is sort of this stereotype that Utah is a single family home state, clearly there is an appetite for a demand for people living in those more dense areas.”
It was only about 10 years ago Bingham Junction in Midvale was an open field after it was cleaned up and no longer determined to be a Superfund site by the EPA.
Big businesses like Overstock.com, Zagg, and Topgolf have brought thousands of new jobs to the area. There is also major growth in dense housing that’s moved into the area. Something Perlich says we here in Utah better get used to according to her research.
“Get used to it. We are going to be seeing more of these developments,” said Perlich. “We are going into areas that are already developed and putting in more dense housing putting in apartment buildings.”
Midvale Cities Economic director says it took a lot of serious planning and hard work but it has paid off. “We are very proud and excited what we’ve accomplished here.”
Tyler Beauchamp with Topgolf says Midvale is a great location because of its central location right off the freeway.
“Last year in our venue alone we had 500 thousand guest that’s 500 thousand people coming to Midvale,” said Beauchamp.