LINDON, UTAH — WI Commercial Properties (WICP), a developer based in Tampa, Fla., is building out a new master-planned campus in Lindon known as Mountain Technology Center. The $200 million development is situated about 12 miles north of Provo in Utah County.
WICP has already invested over $80 million in the 55-acre development and will be investing another $120 million before the project’s completion. The campus sits west of the Pleasant Grove Boulevard freeway interchange and features unobstructed mountain views with lake views to the south.
At full build-out, the mixed-use development will feature 650,000 square feet of Class A office and industrial space spread over 10 buildings, as well as a food court off Pleasant Grove Boulevard.
The new components coming to the campus include Mountain Tech North, which comprises an 88,000-square-foot flex industrial facility known as Mountain Tech III and the new food court. Mountain Tech III will be the first building with 32-foot clear heights in Utah County, according to WICP.
Mountain Tech South is planned on the south side of Pleasant Grove Boulevard. This phase will include two four-story office buildings and four office/warehouse hybrid facilities. Construction on Mountain Tech South is scheduled to begin in 2018.
WICP is currently underway on a four-story, 102,000-square-foot office building that is 60 percent preleased to Jive Communications. WICP expects to deliver the building before the end of the year.
Last year, WICP completed a two-story, 52,000-square-foot office/warehouse facility within Mountain Technology Center that is now fully leased to international credit tenants.
Ben Richardson, senior vice president at Newmark Grubb ACRES, will handle the leasing assignment at Mountain Technology Center on behalf of WICP.
WI Commercial Properties has nearly 25 years of experience managing and developing commercial properties. The company has developed more than 55 acres in Utah and currently holds over 700,000 square feet of office and industrial space, in addition to more than 40 acres of developable land in Utah County.
— John Nelson