OGDEN — Ogden City hopes to turn an eyesore into an asset with yet another housing development project in the east-central part of town.
In the next few weeks, construction will begin on the Oak Den Bungalow subdivision, a $4.7 million subdivision that will feature 23 new homes near the corner of 24th Street and Fowler Avenue.
The project is being funded by Utah Housing Corp., which is contributing $560,000; Community Development Block Grant funds at just over $800,000; Ogden City capital improvement project funds of $300,000; and a GE Capital Bank line of credit.
Ogden City will be the owner and developer of the project, with contractor Stacey Enterprises Inc. building the homes.
There are five floor plans for the homes, ranging in size from just under 1,700 square feet to nearly 2,000 square feet and they will sell from $189,000 to $225,000. The city has already pre-sold six of the soon-to-be-built homes.
Community Development Manager Ward Ogden said the homes will be built with historic architectural styles and materials that complement existing homes in the area.
The homes will fill a mid-block area between Jackson and Quincy avenues that has been mostly vacant for years.
At one point, run-down homes and an old commercial building populated the area, but Ogden said the city has been exploring development options for the property for years.
Ogden said construction on the first few homes will begin within the next few weeks and the homes will likely be available for occupancy by November.
Mayor Mike Caldwell said the new development is part of the city’s ongoing revitalization strategy for neighborhoods on the east-central bench of Ogden.
Caldwell said the city’s hope is that by building new and revitalized neighborhoods, adjoining residents will be inspired to get their own homes and yards.
"We think this is going to be a phenomenal transformation,“ he said of the Oak Den Bungalow project. ”We’re taking a piece of property that was essentially worthless and turning it into an asset. And we hope that is something that will inspire and uplift nearby homes.“
In November of 2013, the city completed the Prairie Cove development, a subdivision consisting of three 1,600-square-foot Prairie-style homes on what had been a blighted weed patch on the north side of 23rd Street, immediately east of Monroe Boulevard.
In April of the same year, the city began work on the Lincoln Cottages project, which features 14 separate 1,200-square-foot homes on an undeveloped 2.5-acre lot at approximately 27th Street and Lincoln Avenue.
Contact reporter Mitch Shaw at 801-625-4233 or firstname.lastname@example.org. Follow him on Twitter at @mitchshaw23.