Monday, April 2, 2012

Building boom taking place in Vernal

The Vernal Towne Center as well as other retail and commercial building projects will completed in the coming year. The new growth has led to a staggering increase in the amount of building permit fees the city has collected this year when compared with the fiscal years ending in 2010 and 2011. In fiscal year 2008-09, the city collected approximately $216,000 in building permit fees. In the next two years, it collected roughly $46,000 and $70,000, respectively. As of Monday, the city had taken in about $238,000 in fees for the current fiscal year, which still has three months remaining. Deseret News

Developers already have commitments for the 26-acre Vernal Towne Center from Dickey's Barbecue Pit, Jo-Ann Fabric & Craft, Petco, and Shoe Carnival. Negotiations are in the final stages with a major department store, a big-name sporting goods retailer, and at least four additional restaurants.

The development also includes space for a hotel, a bank, a gas station and a tire repair shop. The project's tenants will be latest in a string of new arrivals in Vernal that include national chains like Rue 21 and AutoZone.