Shovels will begin digging Wednesday on the next phase of projects at University Place in Orem.
According to Rob Kallas, mall manager, a new five-story parking structure will be built in two phases just west of the new Orchard Park and north of Macy’s department store.
“There will be 675 stalls in the first phase and 400 stalls in the second,” Kallas said.
The first phase is expected to open on Nov. 1 for the holiday shopping season. The second phase will begin in February 2018.
“We’re trying to bring more stalls closer to the mall,” Kallas said. “That opens up the parking lots for future office buildings.”
At least two more high-rise office buildings are scheduled for the University Place campus, part of its 10-year plan.
As part of the second phase parking build-out, apartments will also be built on the east end of the parking structure. ICO, the company constructing the Aston Apartments already on the east side of the University Place campus, will also design the new apartments.
With the completion of the two phases of parking structures the road between 800 East and State Street will also be completed.
As for current tenants, Kallas said everyone seems to be doing well.
“Tucanos has been a real shot in the arm,” added Kallas, of the Brazilian-themed eatery slated to open this spring.
Current construction on the east side of the campus with the Aston Apartments is on target. There is also a possibility that a fifth and sixth building will be built, with some retail facing on 800 South.
While some of the designs and amenities have changed and moved around a bit, Kallas said the Woodbury Corporation is looking ahead to complete its goals with University Place.
“We are on target,” Kallas said. “It is a five- to seven-year build-out and we are changing as we go.”
There are still retail, housing and even a hotel waiting in the development wings. Some properties on the campus are still up for ideas on best uses.
With more parking spaces closer to the mall stores, Kallas and mall tenants are hoping for robust growth in shopping and restaurant visits.