Draper Approves Exchange Office Development Agreement

Draper City approved a Master Development Agreement with SRDP TOO L.L.C. for the approximately 2.15-acre Exchange 14068 South 145 East office development. The agreement is effective on September 15, 2026, or the later Acquisition Closing date, expires September 15, 2031, and may automatically extend to September 15, 2036.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Effective September 15, 2026, or the date of Acquisition Closing, whichever is later; expires September 15, 2031, with automatic extension to September 15, 2036 if specified default conditions are met.

Renewal date

2031-09-15

Renewal

Agreement expires September 15, 2031. It automatically extends to September 15, 2036 if the Master Developer has not been declared in a continuing default as of the initial expiration date; it also terminates one year after project buildout.

Document type

AgendaPacket

Source document

Draper City AgendaPacket 2026-09-15

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Draper City Agenda Planning Commission Agenda September 10, 2026

PENDING

City of Draper, UtahSep 10, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Draper?

Srdp Too Llc was awarded this government contract by City of Draper, as recorded on September 15, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Draper City AgendaPacket 2026-09-15 (AgendaPacket), dated September 15, 2026 from City of Draper. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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