Incentive Agreement for The Commons
Summary
Herriman is planning to attract the first Trader Joe's store to Salt Lake County's west side as part of its economic development efforts. This initiative aims to boost local commerce and provide more shopping options for residents, which could also enhance the city's appeal. Residents should care because this development may improve their quality of life and contribute to the city's economic growth.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Jul 2, 2026.
Impact analysis
The projects may increase local tax revenue through new commercial activity.
Local residents may gain access to new businesses and services.
Taxing entities see a temporary reduction in tax revenue during the life of the CDA.
Mentions & discussions (10)
Planning Commission (Regular) - Jul 1, 2026
The city is reviewing plans to add more commercial space in existing plazas and change zoning to allow for more flexible business uses. This could mean more shops and services for residents, but also potential changes to traffic and neighborhood character.
CDRA Meeting - May 13, 2026
The city uses CDAs to help fund infrastructure for new businesses. It's a way to grow the tax base, but it means some tax money is diverted to pay for these improvements instead of going to the general fund.
Commercial surge marks turning point after years of rapid growth in Herriman
Commercial surge marks turning point after years of rapid growth in Herriman kjzz.com
Inauguration Ceremony - Jan 5, 2026
Officials expressed a desire to strengthen the local economy by welcoming new businesses and fostering community development.
Herriman announces plans to bring first Trader Joe's to Salt Lake County's west side
Herriman announces plans to bring first Trader Joe's to Salt Lake County's west side kjzz.com
Herriman announces plans to bring first Trader Joe's to Salt Lake County's west side
Herriman announces plans to bring first Trader Joe's to Salt Lake County's west side KUTV
CDRA Meeting - Apr 9, 2025
The city is providing tax increment financing to help build 'The Commons,' a large retail and restaurant project. This amendment ensures the developer can secure the necessary bank loans to start construction.
New SLCC Herriman campus slated to open in 2023
New SLCC Herriman campus slated to open in 2023 ABC4 Utah
Real Salt Lake Unveils Plans for Herriman-Based Training Complex
Real Salt Lake Unveils Plans for Herriman-Based Training Complex Real Salt Lake
Real Salt Lake unveils plans for huge academy development in Herriman City
Real Salt Lake unveils plans for huge academy development in Herriman City MLSsoccer.com
Related development
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