Clark Ranch development aims to house Park City workforce with up to 210 units

Conceptual Rendering and Site Plan from the 2023 Clark Ranch Feasibility Study. Photo: Park City Municipal // The Alexander Company

PARK CITY, Utah — 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.”

Similar Reads On TownLift

A map of Clark Ranch shows the property outlined in yellow, with the western half shaded in blue and the northwest corner, designated as "Steve's Point," highlighted in red for potential development. — A map of Clark Ranch shows the property outlined in yellow, with the western half shaded in blue and the northwest corner, designated as “Steve’s Point,” highlighted in red for potential development. Image: Park City Municipal // The Alexander Company

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

Financial concerns were also brought up during the meeting with worries of pre-approving a plan only to have it come back as financially unfeasible later. “We’ve had a number of projects where, like this, everything’s great, and we’re all high-fiving — and then it comes back and we’re like, ‘whoa!’ — and the project dies … So is there any kind of realistic context we can put on this thing to understand what what we’re looking at from public contribution?” Council member Jeremy Rubell said.

As of now, the city has set aside $8 million for the project, and according to Sarah Wineman, the Housing and Development Coordinator at Park City Municipal, the developer is “willing to work with us to make sure that we’re backing into ‘what is that financial cost the city is willing to provide?'”

Joe Alexander, president of the Alexander Company, emphasized long-term commitment to the project: “When we move to a community and invest there and meet our neighbors and elected leaders, we stay. We will not be a fly by night.”

The next steps involve beginning the entitlement process and rezoning applications under a 12-month Exclusive Negotiation Agreement (ENA) with the city.