Dakota Pacific Real Estate laid out the terms of its development proposal west of the Skullcandy building this week for the last time until a public hearing to elicit feedback on the latest iteration of the plan takes place.The Summit County Council wants to hear the community’s questions and concerns before engaging in further negotiations with the development firm, and potentially voting on the project by the end of the year. It will be the first time in several months that public comment will be accepted on details of the proposal such as the housing density and land use plan.Marc Stanworth, the CEO of the development firm, and Steve Borup, its director of commercial development, met with the County Council on Wednesday to discuss the possible scope of a new development agreement at the Park City Tech Center.Officials have been negotiating whether to change the zoning, which was restricted to a research park concept in 2008, to allow Dakota Pacific to build a mixed-use development on the property. The developer’s plan includes creating a new 750-unit neighborhood with affordable and market-rate housing on land west of the Skullcandy building. There would be 500 market rate units spread across three to four-story multifamily buildings or two to three-story townhomes as well as 250 apartments deed-restricted for families making 44%, 60% and 80% of the area median income. The average AMI for a four-person household in Summit County is $153,000.Dakota Pacific Real Estate’s development proposal involves creating a 750-unit neighborhood west of the Skullcandy building in Kimball Junction. It would have a mix of affordable and market rate housing. Credit: Dakota Pacific Real EstateIf the residential proposal is approved, Dakota Pacific could then enter into a public-private partnership with Summit County for a land swap and to split the cost of developing new civic buildings such as a library or transit center, commercial businesses, community gathering places and additional affordable housing. Such an agreement would also be subject to approval by the County Council.Dakota Pacific would manage the affordable housing development in exchange for 40% of the total development fee. Summit County would receive 60%.Summit County would be responsible for paying for the demotion of the Richins Building and existing transit center aswell as building a new facility for High Valley Transit. Additional expenses for site preparation, parking, landscaping improvements, soft costs such as soil or survey work and general conditions would be allocated by parking stall while the public plaza improvements would be split 50-50 with Dakota Pacific contributing up to $3 million.The development firm would also give $300,000 for pedestrian bridge improvements over S.R. 224 and donate land for the Olympic View area park.Borup said the latest development proposal totals around 1.2 million square feet, including some elements of the public-private partnership. Dakota Pacific’s original request in 2018 called for 1.75 million square feet.Other terms of the proposal:Dakota Pacific would enter into a joint venture with Summit County to develop a parking garage and vertical construction above it on the current Richins Building land. Dakota Pacific would receive the right to develop and own the commercial retail above the parking podium in exchange for contributing land for a new transit center.Dakota Pacific would develop affordable housing for the county in exchange for a portion of the available development fee. Dakota Pacific would provide either an assisted care facility or a minimum of 90 deed-restricted units for people 55 or older, which would be part of the overall housing count. Dakota Pacific would build a minimum of 65 units at 44% AMI, 165 units at 60% AMI and 20 units at 80% AMI.The development firm would adhere to a phased construction schedule based on milestone achievements.  Dakota Pacific would build up to 350,000 square feet of commercial space including office, retail, medical and senior housing. Dakota Pacific’s development would prioritize pedestrians. No short-term rentals or fractional ownership will be permitted.Dakota Pacific Real Estate could collaborate with Summit County on a public-private partnership to develop a mixed-use area in Kimball Junction if a nearby housing development is approved. Credit: Dakota Pacific Real EstateCounty Councilor Chris Robinson, who served on the subcommittee dedicated to working out the details of the public-private partnership, and County Councilor Roger Armstrong questioned the community benefits and financial contributions of each side. They noted the county, and therefore taxpayers, are paying for the majority of the work. The public-private partnership was previously estimated to cost Summit County around $39 million total, including $20 million for underground parking, $11 million for a transit center and $4 million for the footbridge.“Public benefits that the public is paying for don’t feel like public benefits. That’s a challenge,” Armstrong said. He added the county might not approve the development without certain contributions from the developer.Borup didn’t think either Dakota Pacific or Summit County could do everything that’s been suggested on their own. Both sides benefit from a synergy by coming together, he said.The County Council emphasized the need for transparency and clear communication to the public ahead of the public hearing, scheduled for 5:30 p.m. on Thursday at the Newpark Hotel. Officials will spend about 15 minutes explaining the elements of the proposal before opening it up for comment. No decision will be made on the development agreement that day. A separate vote would also be held to decide on the details of the public-private partnership.The post Dakota Pacific outlines development plans ahead of public hearing appeared first on Park Record.