The Security Investment project is on the north and south sides of 100 South and Main Street, as well as immediately west of the old Bountiful Lumber building on 200 South.
“There’s a lot of excitement,” said John Hepworth, one of the principals in the project. “Vito’s is going on the corner (south end just north of 100 South).
“We’ve got letters of intent for two other spots: one is a real high end gift store, and they’re showing some excitement from a little bakery and soup shop,” he said.
“People are loving the apartments,” Hepworth said. There are two floors of apartments above the south building, and the same will be the case on the north end – which has started construction.
“This is the only Main Street in the state of Utah that has the potential of being a classic Main Street,” Hepworth said.
“I think what we’re doing is going to be contagious for the rest of the town,” he said.
Architect Tom Smith traveled to France to gain inspiration in his plans for the project, giving it a “European” flavor.
Developer/architect Brian Knowlton, who has put his touch on much of Bountiful’s Main Street, is also optimistic with the project’s progress.
“It’s going really well. People are lining up for the commercial space. We’re digging for the north building right now,” he confirmed.
The north plot was the home of the Davis Clipper for many decades.
“We wanted to phase our construction to make it good with how we’re running the financing,” Knowlton said.
Occupancy of the south building is slated for June, while the 10-plex west of Bountiful Lumber should be complete by month’s end.
“Six of those units are already leased. They’re leasing quicker than we anticipated,” he said.
“It’s a great project,” said Bountiful City Planner Aric Jensen. “All I hear are positive comments – from people outside of Bountiful who come to visit, from people I meet at various planning meetings.
“They say they’re so impressed with what is going on Bountiful’s Main Street,” he said.
Jensen commented on the perception many people had that the project was taking exceptionally long to break ground.
“A typical development takes about seven years from the first time it’s talked about and built.
“When people announce very early in the stage, as John (Hepworth) did, it gives people this expectation that it will be done next year. Four years is a very reasonable number” in this economy, Jensen said.