Friday , November 07, 2014 - 4:43 PM
LAYTON – City leaders have approved a new development agreement with WinCo, a hurdle that is expected to put the store project on a fast track.
Layton officials voted unanimously on Thursday to ratify a new development accord with the Idaho-based food chain, involving the development of an 85,000-square-foot store in the old Fort Lane Village commercial subdivision at approximately 200 S. Fort Lane.
The accord represents a downsizing in scale for the company, which originally initiated plans to build a 95,000-square-foot store with over 500 parking spaces in 2011, only to let that development agreement expire when a soft economy caused company officials to put the brakes on the project. The new accord calls for 340 parking stalls and landscaping on the west and south of the building, as well as a widening of Gentile Avenue for an access to the site. The intersection at Gentile and Wasatch will become a four-way stop as part of the project.
Bill Wright, community and economic development director for the city, said the downsized project works out well for the city, in making the area just off Layton Parkway at the city’s south end more attractive to other developments.
Councilwoman Joy Petro wondered if there will be immediate interest in developing parcels adjacent to the retail store. Mayor Bob Stevenson said there has already been one group that has looked at building near the WinCo store.
“I think it will go quickly,” Stevenson said of vacant parcels near the projected site.
“We anticipate other buildings will follow and bring renewed interest in the rest of Fort Lane Village,” Wright said. “We’re excited to see the building is a little smaller, even though we’d had to wait for it.”
Ratification of the new development agreement is the second major hurdle the project has cleared in the past 10 days. The city’s planning commission approved a conditional use permit for the project at its Oct. 28 meeting and the company acquired its permit prior to the development vote.
Wright said company officials have expressed the desire to have the building completed and ready to open by November 2015.
Started in 1967, WinCo is an employee-owned company that now has 95 stores in eight states, including five in Utah. There are stores in Roy and Ogden in the Top of Utah.
The company was listed by Forbes Magazine in 2011 as the 66th largest privately held company in the United States.
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