HTRZ Participation Agreement Proposed for Thanksgiving Station Development
City of LehiCity · Lehi, UT- Disclosed value
- Approved Maximum of $122,144,769
- From agenda
- Document date
- Oct 20, 2026
The 30-second brief
The Lehi Redevelopment Agency is considering Resolution #R2026-07 approving an HTRZ Participation Agreement with Thanksgiving Station Development Partners, LLC. The agreement would support a mixed-use development on approximately 30.72 acres through tax-increment reimbursements capped at $122,144,769, with phase reimbursements available for up to 25 years and a maximum collection period of 45 years.
Thanksgiving Station Development Partners LLC holds this contract with City of Lehi.
Term as filed: Twenty-five full calendar years for each phase; maximum total collection period of forty-five years for all phases.
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Contract details
- Amount
- Approved Maximum of $122,144,769
- Document date
- October 20, 2026
- Term
- Twenty-five full calendar years for each phase; maximum total collection period of forty-five years for all phases
- Agency
- City of Lehi
- Source document
- Lehi Redevelopment Agency Agenda 2026-10-21 (Agenda)
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Questions about this contract
Who was awarded the government contract by City of Lehi?
Thanksgiving Station Development Partners LLC was awarded this government contract by City of Lehi, as recorded on October 20, 2026. The contract value is Approved Maximum of $122,144,769.
How much is the Thanksgiving Station Development Partners LLC contract with City of Lehi worth?
The Thanksgiving Station Development Partners LLC contract with City of Lehi is valued at Approved Maximum of $122,144,769.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Lehi Redevelopment Agency Agenda 2026-10-21 (Agenda), dated October 20, 2026 from City of Lehi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Thanksgiving Station Development Partners LLC hold?
Thanksgiving Station Development Partners LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Lehi currently buying?
Explore City of Lehi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.