Pineridge Farms UpdatesJan 18, 2021
- Payson, Utah
- Google Street View
- 100 Doors
- 25 Fourplexes
We've picked up momentum at our Payson project coming into the new year. Framing at Pineridge Farms is either complete or well underway on all buildings (the two buildings that don't show framing in the video have been started since filming).
You'll notice in the video that roofing is well underway and exteriors are mostly complete on the first two buildings. We expect units 1-4 to be finished and available for rent in approximately 60 days.
Maxx Property Management has begun marketing for tenants and taking calls from interested parties. The clubhouse will be prepped for foundation and footings within the next 10 days.
Please reach out to your designated FIG agent with any questions!
Asphalt is now fully down and framing is well underway on the first 3 buildings. Windows have started install on building 1 as well, with the last few buildings in various stages of footings, foundation, and underground plumbing. Lumber costs have moderated some, so look for a lot more lumber getting delivered soon! Construction crews are working hard to get these units delivered during peak rental season.
We've framed the first building at Pineridge Farms with the second building about 40% there. Asphalt is down, and the underground plumbing, footings, and foundations are in process on subsequent buildings. The last batch of closings on the project's final buildings is expected to happen this week. We're excited to bring more housing to this rapidly growing part of Southern Utah County.
This week we visited FIG's latest fourplex project in Payson, Utah. We'll show you around the site and discuss the surrounding area...
Phase 1 of this project is now sold out. We have options available that will start construction in June of this year. We recently held a webinar highlighting this project. If you'd like to get to know what's driving the economy in southern Utah County and why we like this project, check out the recorded webinar here.
We can also provide you a summary of available units if you reply to this message. If your timing doesn't work with waiting for construction and you're more interested in a completed property—go ahead and contact us through email or the contact form at the bottom of the page. We may be able to drum up some options for you in UT, ID, or TX.
We're making our way through initial approvals with the city of Payson and are getting ready to clear the site within the next 60 days as well as begin horizontal development. Construction on phase 1 is still expected to start in April, with phase 2 in May, and phase 3 in June. If you haven't checked out our webinar on this project, we recommend you check it out! As well as future plans for UTA FrontRunner Expansion.