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A proposed mixed-use development on the border of Springville and Provo is pictured March 16, 2026.

Courtesy Clyde Companies

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A rendering of a proposed mixed-use development between Provo and Springville.

Courtesy Provo City

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After Springville approved a tax-sharing agreement for a 31-acre Clyde Companies development on the Provo-Springville border, amendments approved by the Provo City Council on Tuesday are prompting Springville officials to review the deal. 

The mixed-use development near U.S. 89 and 1400 North in Springville would have all the residential space in Provo and most of the retail and office space in Springville.

That means more potential sales tax revenue and higher projected annual revenue for Springville City. Provo officials previously stated they needed a tax share to support the development. 

Under the interlocal agreement, both cities would benefit from future tax proceeds from the development and reduce risk. Each city would calculate the sales and property taxes collected on its respective parcels, with the difference being split equally between the parties.

After the Springville City Council approved the agreement last week, the Provo City Council approved it with several amendments Tuesday. Those included lengthening the agreement from 15 years to 50 years, ensuring revenue sharing goes into effect earlier in the development process and creating a more favorable cost calculation for Provo. 

A Springville city official told the Daily Herald in an email Wednesday that the amendments were “substantially outside” what the Springville City Council agreed upon, and that city staff and council would review the proposals before making a final decision.

The development would bring 168 townhomes, 90 condo units and nearly 10,000 square feet of retail to Provo, and more than 67,000 square feet of retail and 27,526 square feet of office space to Springville.

Clyde Companies says on its website that the development would surround its new corporate headquarters and feature new food and beverage options, housing and community gathering spaces. 

Springville City documents estimated Springville would receive a minimum of $75,261 in annual tax revenue from the development and a maximum of $150,871, while Provo would receive an estimated minimum of $76,172 and a maximum of $87,317. The agreement would help balance the tax revenue.

One provision in the drafted agreement states that revenue sharing will not go into effect until 90% of both sides of the project are built out, according to Provo City staff. The city instead suggested Tuesday that revenue sharing goes into effect as soon as a certificate of occupancy has been issued for at least one building on each side.

In addition, Provo City Councilman Jeff Whitlock said the proposed agreement does not account for large costs on Provo’s side — which would contain more infrastructure — such as parks and recreation fees and maintenance costs.

“I think it’s very clear from the council that we like this agreement,” he said during the meeting. “I’m purely pushing for us to get the best deal we can get, and I think both Springville and Provo want this deal to happen. I personally think this is a better deal for Springville.”