Published by Rebecca Brenner of TownLift.
The Alexander Company presented plans for an affordable housing development at Clark Ranch to the Park City Council on Tuesday, proposing up to 170 apartment units and 40 for-sale homes targeting the local workforce.
The 12-acre site, located south of Park City Heights, would provide housing for workers earning 50-70% of area median income, with discussions to potentially include units at 40% AMI.
“Park City is very unique in its housing dynamics,” said Chris Day, development project manager with Alexander Company. “Approximately 12% of people that work in Park City actually live here, and 63% of those people live outside of Summit County.”
The development team held their first community meeting with Park City Heights residents Monday night, where traffic emerged as the primary concern. Plans include:
- One and two-bedroom apartments
- Underground parking at 1.6 spaces per unit
- Hiking trails and mountain bike paths
- Community spaces and observation areas
- On-site property management