- Housing starts are concentrated in Utah County, and Steve Waldrip serves as the state housing coordinator in Utah.
- Clyde Companies is building its headquarters and developing properties in Springville and Utah County.
Clyde Companies breaks ground on mixed-use Ironton project spanning Springville and Provo
What happened
Clyde Companies broke ground on Ironton, a mixed-use development, on November 9, 2026. The project spans both Springville and Provo, featuring over 67,000 square feet of retail and 27,526 square feet of office space in Springville, and 168 townhomes and 90 condo units in Provo. After negotiations between the two city councils, Springville agreed to make a one-time $100,000 payment to Provo to split property and sales tax revenue generated by the site.
From heraldextra.com
Why it matters
The project further establishes Clyde Companies' presence along U.S. 89. The agreement allows the large-scale mixed-use development to proceed by formalizing how property and sales tax revenue will be shared between Springville and Provo.
Clyde Companies is currently building its headquarters and developing properties in Springville and Utah County.
From heraldextra.com
Who's involved
- SpringvilleCity involved in the development and making the $100,000 payment to Provo
- ProvoCity involved in the development and receiving the $100,000 payment from Springville
- UtahState within which Springville operates
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SpringvilleSpeculative
Springville may generate new tax revenue from the project while also making a payment to Provo.
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The entities involved
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Springville
city in Utah County, Utah, United States
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