Evergreen Devco sells PG retail center for $3.1M
Evergreen Devco, which broke ground on the redevelopment of a retail center in Pleasant Grove in June, has now sold the 5,500-square-foot property for $3.1 million. Pinot Pasadena Land Co. purchased the property.
The newly developed three-tenant retail center is located at 855 W. State St. and is currently home to a Mo’ Bettahs Hawaiian Style restaurant and a Beans and Brews Coffee House, both of celebrated their grand opening earlier this year. The third and final tenant will be Dough Co, an edible cookie dough shop. Dough Co is anticipated to open this spring.
Evergreen formally acquired the 1.036-acre property in June, when it became the retail and multifamily development company’s first project in Utah since the company expanded to Salt Lake City in 2017.
The redevelopment was finished in November. Draper company Rimrock Construction built the site and Farnsworth Group designed it.
Chip Cookies to move to Provo residential tower
On Monday, 2nd Story Real Estate announced they reached an agreement with Chip Cookies, Provo’s original gourmet cookie delivery company, to locate their flagship store in what will be Provo’s tallest residential tower.
The mixed-use development, titled “High Line Square,” is scheduled to be completed in spring of 2020.
The seven-story building will include 67 residential units, ranging from studio to three-bedroom units, and will also include five penthouses with private elevator access. The tower development is located diagonally across from the Provo Recreation Center on Freedom Boulevard. Residents will be able to enjoy perks such as a community garden, barbecue grills, fire pit and lounge area in addition to the smell of freshly baked chocolate chip cookies. The real estate company is also designing amenities such as a yoga room, community library, covered parking and secure bike storage.
“We are delighted that Chip shared our vision of what the new High Line Square project will offer to downtown Provo,” Josh Godfrey, managing director of Real Estate for 2nd Story Real Estate, said. “A lot of people would rather live a walkable lifestyle in a place like High Line that has some character than feel like they are living in a chain-restaurant style apartment in a mall parking lot somewhere in the sprawl of Orem. We are proud to provide an alternative.”
Chip Cookies CEO Sean Wilson is also enthusiastic about the plan.
“Our first location was next to where High Line is being built and has been extremely successful for us. We are thrilled to become a permanent fixture of downtown in such a beautiful new space,” Wilson said.
Utah women business owners awarded grants
April 17 was the fourth annual Women’s Entrepreneurial Conference at Holladay City Hall, which brought together 150 women business owners together from across the state to network, develop entrepreneurial skills and access resources to build their businesses.
The conference featured training on how to harness the power of social media and digital marketing and ended with $19,500 in grants being awarded to 23 women business owners to help them grow their businesses.
The Women’s Entrepreneurial Conference, which is co-presented by Women’s Business Center of Utah, Utah Women’s Networking Group and Utah’s Own, received 115 applications for grants in January. Twenty-three of those applicants were selected to prepare a three-minute pitch of how they would spend a $5,000 grant and what the potential for growing their business could be. Two “pitch rounds” were held leading up to the conference and six finalists pitched live at the last session of the one-day conference.
The six finalists who received grants of $1,000 or higher were Kara Lewis, Glen Ray’s Corn Maze, Spanish Fork; Claudia Hinojosa, Green Janitorial Services LLC, in Magna; Amber Murray, See Your Strength, St. George; Kirstin McCoy, Little Sharks Swim Academy, Cedar City; Zara Ahmed, Raclette Machine, Salt Lake City; and Julia Stolworthy, Sweet and Knotty Bakery, Cedar City. Fifteen other women received $500 grants from the conference.
“The Utah Women’s Networking Group is honored to be a small piece of each woman’s journey who participate in the conference. Connecting them with and providing resources can make a big impact,” Karin Palle, executive director of the Utah Women’s Networking Group, said. “These small grants tell women business owners we believe in them and that they can conquer the world.”