LAS VEGAS – May 22, 2016 – Westport Capital Partners LLC is pleased to announce Salt Point, a new development located in western Weber County, Utah, opening in Fall 2017. Salt Point is a 77-acre mixed-use development featuring over 400,000 sq. feet of proposed retail. The land was purchased by an entity owned by certain funds managed by Westport Capital Partners LLC.
Currently, residents of West Haven must travel more than 15 minutes to the closest grocery store. Salt Point will be home to several amenities to serve the rapidly growing area providing residents with access to shopping, dining and entertainment within minutes.
Westport Capital Partners LLC is looking to provide a vibrant community center that also serves as an entertainment hub for the area. Salt Point will be the new destination for western Weber County, with an expanded range of retailers and contemporary architecture that takes cues from the local environment and history.
“We are thrilled to announce this development, especially for a region that is so lacking in access to amenities,” said Eric Clapp, Managing Director, Westport Capital Partners LLC. “Salt Point will be an engaging gathering place for a community that is growing and evolving. We look forward to developing Salt Point into a center that residents will be proud to call their own.”
Utah has the 3rd most diverse economy in the country, and it is also one of the fastest-growing, according to the most recent Hachman Index. Home to one of the youngest workforces in the country, the state is largely considered one of the most productive and well educated economies. These factors lead Utah to be well poised to continue unprecedented growth and development.
Facts about the West Haven area:
- Trade Area Population: 133,537
- Rooftops: 43,336
- Average Household Income: $77,495For more information on development opportunities at Salt Point, please contact Tim Simonsen at Tim.email@example.com or 801-947-8300.
About Westport Capital Partners LLC
Westport Capital Partners LLC is a real estate investment firm which provides domestic and international real estate related investment opportunities to institutional and private clients. Through its various funds, the firm invests in a wide variety of distressed, opportunistic and core plus real estate assets. The firm has offices in Los Angeles, California, Wilton, Connecticut, Bozeman, Montana and London, England. For more information regarding Westport Capital Partners LLC, please visit westportcp.wpengine.com.