A proposed Farmington, UT arena that could be anchored by the Salt Lake City Stars advanced Monday, as local officials made it eligible for property tax rebates.
Farmington, located about 17 miles north of Salt Lake City, is exploring the possibility of constructing a 5,000-seat arena in the Station Park development. The hope is to bring the NBA Gatorade League‘s Stars–owned by the Utah Jazz–to the arena, which would also host concerts and other events. Most of the construction cost of the approximately $40 million venue would be assumed by Station Park, operated by CenterCal Properties, LLC, with future increases in property tax revenue from the extension of an existing Redevelopment Area providing an incentive.
On Monday, officials voted to make the project eligible for $4 million in property tax rebates. While plans for the arena are not final, it marks a step forward for a proposal that officials envision as a venue to bring more events to Farmington. More from KUTV:
Farmington Economic Development Director Brigham Mellor said Monday that planners believe Davis County residents would attend more concerts and more basketball games if they didn’t have to go to Salt Lake City.
“They’re more apt to attend a venue that’s in their backyard,” he said, noting Farmington’s Station Park shopping center and Lagoon theme park also draw a lot of outside visitors to the area.
Planners say the venue would need about 300,000 customers per year to make it viable.
Thus far, there has not been a commitment to move the Stars to Farmington. The team has played at Salt Lake Community College’s Bruin Arena since 2016.
