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Station Park keeps eye on economy, Obama
by Shalyn Roberts
Jan 29, 2009 | 828 views | 0 0 comments | 0 0 recommendations | email to a friend | print
FARMINGTON STATION PARK developers did some excavation work in the fall and will continue working on the drain and water systems in the spring. Over the winter, however, the land has mainly sat and waited.
FARMINGTON STATION PARK developers did some excavation work in the fall and will continue working on the drain and water systems in the spring. Over the winter, however, the land has mainly sat and waited.
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FARMINGTON — Officials from Farmington City will be taking a breather while Station Park developers hold off on further development and watch the economy, the public, Congress and Pres. Barack Obama.

Over the fall, Station Park developers began excavation for the storm drain systems. The site has sat for most of the winter, and further work on the draining and water systems will continue this spring. In the meantime, Farmington City said the developers have told them they’re not going anywhere.

“They’ve got a big investment in that land,” said Farmington City manager, Max Forbush. “They’re not going to go anywhere.”

CenterCal recently held discussions about Station Park and confirmed to Farmington City that they are simply holding up on the project for now.

The property on which Station Park will sit, spans across 62 acres. Rumors of The Cheesecake Factory, Target, a 16-screen movie theater and more have never been confirmed by developers or by CenterCal. Farmington City said it doesn’t know exactly who will be coming in, but believes Station Park will still bring a lot of good to Farmington.

“The future holds bright with the development,” said Forbush.

“What people have to remember is that this is 100 percent tenant-driven,” he said. “Across the nation, they’re closing stores, not opening them.”

Developers will not be taking out any building permits until the economy picks up. There have been no confirmations on how long the development will hold on. “In the meantime, we’ll all take a deep breath,” said Forbush.

Because there have been no building permits taken out, Farmington citizens are not paying the tax for Station Park. “Right now, it’s all coming from investor funds,” said Forbush.

Forbush said Farmington City is still in development-mode and that the economy will pick up. “They’re not changing their plans,” he said. “They’re just waiting to see what happens.”

sroberts@davisclipper.com
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