Monday, October 29, 2012

Developers working toward St. George Retail Project

Developers working toward the purchase of 23 acres near the Dixie Center are courting businesses for what they believe will be one of St. George’s largest retail projects in recent memory, and they have created a working name for the site.

The “Crossroads @ Dixie Center” agreement would see the City of St. George sell 23.86 acres of land for $7.458 million to The Boyer Company for development. The land is along the new Dixie Drive interchange spur between Interstate 15 and Riverside Drive, adjacent to the Dixie Center. The Boyer Company, which has developed some of the largest projects in the state, has until April to exercise its option to buy the property.

Brokers for the Crossroads @ Dixie Center project, said the site has business pads for an entertainment complex, four restaurants, a convenience store/gas station, two hotels and a water park. In addition, several discussions have taken place during the past two years with potential tenants, including Larry H. Miller Megaplex movie theaters, Cowabunga Bay water park and Hyatt Place hotels, but no official agreements have been completed. The Spectrum