Saturday, September 09, 2006

Who is the developer for Trinity Site and how were they picked.

The Boyer Company is one of the largest developers of commercial real estate in the Intermountain West. Boyer company, which has been in business for over 30 years, has an impeccable reputation and has significant experience in building mixed-use projects such as the Trinity Site Revitalization Project. The Boyer Company develops, builds, owns and manages its properties over a long period of time; it is in the best interest of both the company and the community that their developments are successful and meet the needs of the citizens. They have a 98% occupancy rate in all of their developments and have extensive references and financing available. They also have relationships with numerous retail, restaurant, corporate and business tenants.

The Boyer Company will be submitting their RFP to the County, Council and Schools on July 18. This RFP will contain the site plan and precise financial information that will then be carefully assessed and made public. There will be multiple opportunities for the community to give input to Boyer through open houses, surveys and other methods. If the financial offer is beneficial for the schools and county, Boyer’s negotiations with staff will result in a Development Agreement that will be voted on in September by the School Board and County Council.

If the Development Agreement is approved, Boyer Company could be investing anywhere from $80 million to $125 million dollars of their company’s money into the development and the community of Los Alamos. A complete list of retail affiliations follows on the next page. The choice of retailers will be made by Boyer Company only after careful consideration of the needs and input of the community. The retailers/tenants will then negotiate their lease agreements with Boyer and will have the final say in deciding to locate in Los Alamos.

List of current Boyer Retail Tenants (this list is illustrative only and is not intend to be a representation of Trinity Site Tenants) :

Abercrombie and Fitch
Albertson’s
All a Dollar
American Eagle
Anglers Inn
Ann Taylor
Banana Republic
Barnes and Noble
Basset Furniture
Bath and Body Works
Bed, Bath and Beyond
Best Buy
Bike, Board Blade
Blindside
Blockbuster Video
Brookstone
Cal Ranch Stores
Circuit City
Coldwater Creek
Consolidated theaters
Cost Co
Country Wide
Curves
Downeast Outfitters
European Connection
Eye Master
Famous Footwear
Fantastic Sams
Fashion Bug
Gap/Gap kids
General Nutrition
Gray Whale CD
Great Clips
Harmons Foods
Hi Fi Shop
Hobby Lobby
Hollywood Video
Horizon Paint
JC Penny
Jamba Juice
Kohls
Lane Bryant
Linens and Things
Little Ceasars Pizza
Lowes
Mervyns
Michaels
Office Depot
Office Max
Old Navy
Omni Serve
Payless Shoes
Petco
Petsmart
Pro Golf
Quiznos
Ross
Sally Beauty Supply
Seagull Book and Tap
Smiths
Staples
Supercuts
Target
TJ Max
Unitah Gas Fireplaces
Victorias Secret
Wal-Mart
Wild Oats

Partial List of Mixed Use Projects Completed by Boyer: (ranges from large city to small town.)

The Gateway-development consisting of 30 acres of development in downtown Salt Lake City. The property, a former rail yard, is a mixed use development anchored by approx. 650,000 sq. ft. of entertainment and retail with 800,000 sq. ft. of office space and 700 residential units.

Redstone (Park City) – small town with a 2000 population of 7,371 and a median family income of $77,137. Retail space and entertainment, 220,000 sq. ft., Office 30,000 sq. ft. (above retail) and 214 residential units built on 36 acres. Anchored by Bed, Bath and Beyond and Wild Oats.

Sugarhouse District- Salt Lake City, 180,000 sq. ft. mixed use development, anchored by Barnes and Noble, Wild Oats and Old Navy.

Quarry Bend, Sandy, Utah, comprised of retail, office, residential with public parks and open space, anchored by Wal-Mart and Lowe’s Home Improvement.

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