Developer plans 25-acre industrial park in Payson
A developer with ties to Utah is hoping to bring over 400,000 feet of industrial space to Payson.
Payson Tech, a new 25-acre Class A industrial park that would sit at 9434 South 3200 West Street in Payson, is the proponent of Weldon Industrial Commercial Properties.
Mark Weldon, CEO of WICP and a Heber resident, chose Payson for his latest indoor manufacturing and warehousing space for multiple reasons.
“We like the city of Payson, we like the proximity of the site to the highway,” Weldon said. “The government seems to be very stable and they want to improve that city, which is very attractive to us… it’s in a nice location.”
Although the four buildings on Payson Tech’s campus would be built as warehouses, based on the modern exteriors shown in current renderings, they certainly wouldn’t look the part.
“We’re known for making our warehouse buildings look like office buildings,” Weldon said. “The reason that we’ve done that, is many of our warehouse buildings live right next to office buildings. And that’s gone over quite well, it’s not normal around the country, but it’s worked very well.”
Payson Tech would be a campus setting with no through traffic, which Weldon hopes would create a quiet park-like environment for employees.
“We try to over-landscape, over-build, put a lot of amenities into these parks so that it’s something the city can be proud of,” Weldon said.
For Weldon, bringing industrial space to southern Utah County was the logical next step for his company. According to Weldon, WICP has already invested $300 million in capital into developments in Lindon.
“They have a small government in Lindon, and they run things very professionally, very organized. We’ve enjoyed working with them in Lindon,” he said. “We thought that Payson would be a very similar situation.”
The site is still pending final approval from the Payson City Council, although Weldon hopes to break ground on Payson Tech before the snow begins to fall and finish it by the second quarter of 2023.
“We’re hoping to get our approvals to develop and start to build right away,” Weldon said. “We’ve already found our first prospect that has a manufacturing firm that would be new to the area and they’re anxious to be in the park.”
For more information on Payson Tech, visit https://wicppaysontech.com/#.