This article first appeared in The Advisor in May 2023, a publication sponsored by Colliers Utah.
Aone-of-a-kind development in Salt Lake County, Mountain View Village is strategically located at 4500 West 13400 South in Riverton, Utah, between Bangerter Highway and Mountain View Corridor—one of the fastest-growing residential areas in the county.
The sprawling 85-acre, mixed-use development is located in the heart of Silicon Slopes. Its aesthetic and diverse amenities draw a young workforce, allowing tenants to offer an unmatched employee experience.
As Mountain View Village was designed, the location was considered in every stage of planning. The project’s site was intentionally chosen to offer convenient access to major interstates and expressways, the Salt Lake International Airport and public transportation, making it the ideal location for tenants looking to recruit and retain top talent.
Mountain View Village is loved by the people who work in its Class A office space for its best-in-class amenities. More than 100 retail shops and over 45 restaurants are a short five-minute walk for residents of the Village Lofts. The office space features contemporary architecture and expansive windows to spotlight breathtaking mountain views.
Mountain View Village’s Fountain Plaza features lawn areas for events and a state-of-the-art fountain show with coordinated music and lighting, a shaded patio and a children’s play area—an iconic lifestyle destination for residents, locals, and visitors alike.
Looking to the future of the development, 4,000 homes/units have been planned around the project, and SALT Development is leading the way by building 282 high-end luxury condo units in Phase 3 called Village Lofts. The project’s team has spared no expense to create a community center that brings entertainment, shopping and food combined with a work and living space, explains Josh Smith, executive VP of office and investment at Colliers. The project is centered around a vibrant core that will serve as a space to host to live music events, holiday-themed activities and other family and community-driven events.
“I believe the developer, CenterCal Properties, LLC, has created a curated experience unrivaled in our market today at Mountain View Village,” Smith says. “Mountain View Village has something for all ages, income levels and interests. In addition, the tax revenue generated will drive significant funds back into the community.”
The location of Mountain View Village is strategic, says Stuart Thain, senior executive VP and partner retail of land and investment at Colliers. The first phase is loaded up with national mid-size box tenants anchored by a Harmons grocery store. The second phase is higher-end, with a Cinemark Theater and tenants like Bath & Body Works, Buckle, Lululemon, Sephora, Athleta, Anthropologie, XGolf, Nike Live and more, along with food concepts like Shake Shack, R&R BBQ, Wild Fin, Crack Shack, Via 313, Handel’s, Zao Asian Café, Kona Grill, Dirty Bird, Chick-fil-A, Kokonut Island Grill and Sprinkles—a fantastic lineup for foodies.
“The team is working with several other fabulous new restaurants in the Utah market that will hopefully get finalized over the next few months,” Thain says. “The addition of the SALT multi-family complex will be welcomed in this area with their higher-end project and a 177,000 square-foot office complex that is built and ready for occupancy.”
Mountain View Village is Utah’s most dynamic, experience-driven, mixed-use center according to Chris C. Byers, SVP of leasing for CenterCal Properties.
“The development opened in July 2022 and honors the deep-rooted history with its architecture, mature landscaping and thoughtful Americana sculptures and amenities,” she says.
There isn’t another center along the Wasatch Front with a restaurant and retail lineup like Mountain View Village except for Station Park in Farmington, Utah, which CenterCal also developed.
Mountain View Village is an outdoor center that brings the consumer to the center for every need of their life, Byers says. It is a true live-work-play environment that has the strongest restaurant offering in the market.
“Restaurants have become the new anchors in shopping centers, and when executed properly, provide great energy and traffic,” Byers continues.
Mountain View Village is attractive to commercial tenants for multiple reasons, including the outdoor nature of the center paired with the art installations and water feature. Great access points off Bangerter Highway and Mountain View Corridor make it appealing to national, regional and local tenants alike. The center has been designed with access and visibility to every space.
The development is also a big draw for the community. The southwest corridor in the Salt Lake Valley has been in a hyper-growth mode for the past 10 years. Residential growth happened far ahead of commercial development, which has created a huge demand for a mixed-use area like Mountain View Village, Byers says.
“Residents can finally dine, shop and entertain in their own community,” she continues. “It also creates a huge economic impact with sales tax revenue to the City of Riverton. We hear all the time that employers that have offices at our mixed-use centers have really happy employees. Their employees love how they can show up to work in the morning and then dine, shop and work out—all without getting in their car.”