St. John Properties is excited to announce that they have closed a transaction with Sequoia Development that will bring the very first tru by Hilton Hotel to Utah County. This innovative and trend-setting hotel truly adds to the ability for someone not only to WORK, SHOP, EAT and PLAY at Valley Grove, but now they can also STAY. Stay tuned for details on commencement of construction.
Our featured tenant this month is U.S. MRI, now open at Valley Grove in Pleasant Grove, Utah. Joining their South Ogden and South Jordan locations, the new office enables patients from the southern most reaches of the state to have easy access to state-of-the-art healthcare services.
U.S. M R I
The Pleasant Grove facility features U.S. MRI’s second Open MRI system, greatly expanding MRI options for patients in Utah County. With an unobstructed viewing angle and the industry’s most accommodating patient table, no other MRI system enables you to capture and retain as broad of a patient demographic as the Open MRI design. Even the most challenged patients can be accommodated with confidence, without compromising on safety, performance, or efficiency. This might include large athletes or patients uncomfortable with the tube experience. A parent may even accompany children undergoing an MRI on the table.
With large hospitals charging as much as $3,000+ per imaging session, U.S. MRI’s in, specialized facilities offer real cost-containment at just $500. This is real healthcare cost containment for patients like Jeri Beeston.
“The day before I had an MRI scheduled at an in-network imaging center for my insurance company, I happened to talk to a friend who told me about U.S. MRI in Pleasant Grove. The quote for going to the imaging center was $1337 so I was very happy to check out U.S. MRI. Sure enough, I could go in the next day and get the procedure done for $499. I canceled my other appointment and called my doctor’s office to order it through U.S. MRI.
“The next morning, before my appointment, I called their finance department and a helpful person named Daya suggested checking the cost with my insurance. She did and said it would be $420 with my insurance as long as it was pre-approved. She said she would call them and work on it for me. Within forty-five minutes she called me back to say it was all arranged. I couldn’t believe it! I was able to get my MRI, save $900, and it was all done in less than 24 hours. I would recommend U.S. MRI to anyone who wants to save money and time. It all worked out wonderfully. “
St. John Properties is so pleased to host tenants in a wide variety of businesses including healthcare.
Pleasant Grove—Jenessa Young has been named as Board Member for the Pleasant Grove/Lindon Chamber of Commerce. She will serve on committees, including Advocacy, Small Business, and The Fredette Family Foundation. Young is responsible for the in-house interior design and space planning efforts for the design department at St. John Properties – Utah region. Responsibilities include the 19,000 square foot six floor Grove Tower at Valley Grove, as well as other rapidly rising commercial buildings in this 62-acre development. Her experience includes design work on more than 500,000 square feet of commercial, hospitality, and mutli-family buildings. Young received a Bachelor of Science Degree in Family Life with an emphasis in Interior Design from Brigham Young University.
See full article https://utahbusiness.com/people-move-59-2/
Valley Grove Introduces Multiple New Restaurants
-Jersey Mike’s, R&R BBQ & Starbucks Join Growing List of Retail Tenants-
Pleasant Grove, UT (February 15, 2018) – Coldwell Banker Commercial Advisors (CBC Advisors) announced Jersey Mike’s, R&R BBQ and Starbucks will join one of the Utah County market’s premier new developments, Valley Grove.
“The market has taken note of Valley Grove,” said Simonsen. “It is located in the center of Utah County, one of the fastest growing areas in the entire country. Progressive companies share the development’s vision.”
An iconic business community, Valley Grove is a 60-acre mixed-use destination located in the heart of Utah County. The development represents a $250 million investment of St. John Properties in Pleasant Grove City. At final build out, Valley Grove will contain: class A office/flex space, retail and a full-service hotel. The park features amenities including retail stores, shops and restaurants.
“With a shifting retail environment and location, location, location being vital for retail success, we are pleased to see the rapid rise of interest from local and national retailers in Valley Grove,” said Daniel Thomas, regional partner for St. John Properties.
Brokers from CBC Advisors represented all parties in the transactions. Cameron Simonsen, executive vice president of retail and investment, and Brittany Ferris, retail specialist, represented the landlord, Valley Grove. Heather Bogden, vice president of retail and member of The Bowler Retail Team at CBC Advisors, represented Jersey Mike’s. Tyson Moore, vice president of retail and member of The Moore Retail Team at CBC Advisors, represented Four Foods Group on behalf of R&R BBQ.
“We’re excited to welcome Jersey Mike’s, R&R BBQ and Starbucks to Valley Grove. We look forward to announcing many more tenants in the near future. St. John Properties is a fantastic development company. They are delivering the project that Pleasant Grove deserves.”
Jersey Mike’s has taken the quintessential New Jersey sub shop experience and made it a nationwide hoagie habit. Jersey Mike’s was named the fastest-growing restaurant chain in the nation for the past three years and recently celebrated the opening of its 10th Utah location.
R&R Barbecue is a fast-casual restaurant started in Salt Lake City, serving smoked meats, house made side dishes, and desserts. Founders and brothers Rod and Roger Livingston are multi-championship winners, having participated at the Jack Daniels World BBQ Championship, the American Royal, and Sam’s National Championship. In total, they boast nine Grand Championships and seven Reserve Championships.
Today, with more than 25,000 stores around the globe, Starbucks is the premier roaster and retailer of specialty coffee in the world. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee.
CBC Advisors is the #1 commercial real estate brokerage in Utah County, operating a full-service commercial real estate brokerage. The firm advises clients on office, retail, and industrial projects throughout the area. In 2017, CBC Advisors announced that the firm will open a new headquarters within Valley Grove’s Grove Tower, a premier 6-story Class A office tower.
Whistic and Vendor Security Alliance Announce Strategic Partnership to Improve Vendor Security Assessments
The partnership allows Vendor Security Alliance (VSA) members to utilize Whistic’s vendor assessment platform to receive shared security reviews, fulfilling the VSA’s mission to streamline and improve vendor security.
This week, St. John Properties Utah Regional Partner, Daniel Thomas, accepted the 2018 “Best Business of the Year” award from the Pleasant Grove/Lindon Chamber of Commerce. The award was based on St. John Properties continuing commitment to improving life and providing places for people of work, live, and play. We are happy to do our part in building communities.
Pleasant Grove has a variety of new projects under construction — especially off of exit 275 on I-15 — but many of them won’t be completed in 2018. “We have a huge boom of offices going on and a couple restaurants,” said Julie Henry, Pleasant Grove’s city planner. “Historically, Pleasant Grove hasn’t had a lot of restaurants, but we’re getting more.”
Some of those restaurants include R&R BBQ, Mo’ Bettahs and Jersey Mike’s Subs. But first the office space needs to be finished. The Grove, a 62-acre development, has two Valley Grove office towers planned. The 192,000-square-foot first tower is already under construction with plans to start the second tower soon.
No. 1 trend. County continues to grow
Utah County growth is projected to catch up to Salt Lake County, reaching 1.6 million residents by 2065, and 2017 continued to add to those numbers. The Utah County housing industry is running almost nonstop, with new homes, subdivisions and multi-tenant housing options going vertical every day.
This growth is significantly spurred by the economic growth within the county. The northern part of the county continues to be the epicenter of office and commercial development, with major developments like Lone Peak Plaza in Lehi, and company expansions — Adobe announced one and IM Flash completed one — adding millions of square feet in office and work space.
Multiple businesses moved into new headquarters or broke ground in or around Lehi this year, including Podium, Entrata, Pointe Meadows Health and Rehabilitation and the nonprofit organization and business connector Silicon Slopes. American Fork, Pleasant Grove, Lindon and surrounding areas also are growth places as well, with the Valley Grove development continuing on the east side of the Pleasant Grove Boulevard freeway interchange, doTerra’s expansion plansstraddling both sides, and Jive’s new headquarters headed for the west side of the freeway there…
See complete story HERE.