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St. John Properties Developing $120M Utah Business Parks

St. John Properties acquired two properties and immediately announced development plans for business parks in Taylorsville and Springville, UT. Together, St. John expects the two new projects to total $120 million in new capital, bringing its total commitment so far in Utah to half a billion dollars.

The Beltway West community in Taylorsville is a 20-acre site that will contain five buildings, and 300,000 square feet of office space for roughly 2,000 employees. Spring Pointe Exchange in Springville is 18 acres with six planned buildings encompassing 225,000 square feet of office space for 750 employees. St. John expects to begin construction this summer on the projects.

St. John Properties Utah’s Daniel Thomas says, “We share the current [COVID-19] challenges and have empathy for the related problems faced by every Utah citizen and business. However, we also see a tremendously bright future in Utah, and St. John Properties wants to help lead Utah forward by continuing to invest in this great economy.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.