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.