Kennecott Land and Ivory Homes finally sent out a press release about the new Garden Park village that is to be built for "empty nesters." The release gave some interesting details. Here is a summary:
- Garden Park will be over 100 acres
- Ivory Homes will build all 500 units
- The community is age qualified, "where households typically must include at least
one person that is age 55 years or better." - The community will have its own clubhouse and fitness facility
- Grand opening should be in June
At first I found it odd that Kennecott Land would select Ivory homes as the exclusive builder for this community, but it seems to make sense when you consider the goals of each organization. Ivory Homes has been and constantly strives to be the "#1 homebuilder in Utah." This rank is associated with the actual number of units built. While building more (500 in all) will boost their numbers, I see this as more of a long-term relationship. Ivory Homes did not jump in at the beginning of Daybreak, but they understand that the whole of the West Bench will be developed by Kennecott Land. If Ivory Homes wants to keep their rank, especially in the Salt Lake Valley, they will need to form a long-term relationship with Kennecott Land. This Garden Park agreement seems to be the beginning of this long-term relationship.
As for Kennecott Land, I can only guess at their reasons. It does look like it would be much easier to deal with only one builder in a project that demands quality and needs to be designed as such. As one of the most experienced homebuilders in the region, Ivory Homes seems to be a logical selection to carry out this plan. Comments would be welcome here. Let me know what you think....
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