Jon Springmeyer, President
September 24, 2014:
It is my pleasure to announce that Jon Springmeyer has been promoted to President of Bonneville Research.
Jon has over 8 years of combined service as Vice President and Analyst at the regional economic and planning consulting firm. He brings with him over 20 of years of experience in operational management of leading public and private firms.
In his new role as President, Jon will oversee the firm's consulting services to state and local governments including economic analysis for real estate development, public-policy analysis, tourism and economic development.
Since its founding in 1976, Bonneville Research has assisted state and local governments find workable solutions and to establish quality and sustainable public policy. We often work with private developers and public agencies in assessing the future economics and outcomes of real estate projects, economic development plans and evaluate opportunities for public/private partnerships.
Bonneville Research offers a diverse array of economic analysis and tools to answer complex problems.
Jon will continue to work closely with company founder, Bob Springmeyer, who has moved to the position of Chairman.
Please join me in extending a warm welcome to Jon in his new role.
Robert Springmeyer, Chairman
Jonathan Springmeyer, President
170 South Main Street #775
Salt Lake City, UT 84101
By Cathy McKitrick,The Salt Lake Tribune. Published: May 10, 2013 09:44PM
Ogden • The Weber County Commission approved a consulting contract Tuesday with Bonneville Research to develop a project area plan and budget that could allow future tax revenues to flow back into the Summit Mountain Holding Group’s Powder Mountain development.
The unanimous vote of the three-member commission for the $12,800 contract allows the Salt Lake City-based firm to conduct a financial analysis of the ambitious project that could infuse new life, cash and change into the rural Ogden Valley communities of Eden, Liberty and Huntsville.
According to Douglas Larsen, executive director of Weber Economic Development Partnership, Bonneville Research will help determine the most appropriate use of tax increment, a term referring to the increase in property tax revenue that flows from an area as a result of new development.
Once established as a Community Development Area or CDA, part or all of that tax increment could flow back into the project for a yet-to-be determined period of up to 25 years, contingent on approval from taxing entities such as the county and school district that would agree to forego their share of that increase for the designated time.
Larsen said that Bonneville Research’s work should conclude by July and public meetings will then be held to allow discussion of the proposed CDA.
“We look at the Summit project as the right development at the right time,” Larsen said Tuesday, applauding the group’s fresh vision as “environmentally intelligent.”
Summit’s plans include up to 500 single-family homes and a village of similar scale on the 7,000-acre mountain — far less than previous developers have envisioned for the area, but more in line with what the Ogden Valley might be able to handle in terms of its natural resources and paved roadways.
In late March, the County approved a $22.5 million special assessment bond to fund public roads, water and sewer for the project’s initial phase of 154 homes. Debt service for that 20-year bond is to be paid from homeowners within the development.
Tax increment from the CDA can provide an additional layer of security for bond debt service should the need arise, Larsen said, while funding gas and electrical lines and fiber optic cables for future phases, which may include a mountaintop event center and boutique hotels. As well, a small percentage of the tax increment revenues could be directed to assets that would help further sustain the development, Larsen added.
The Summit Series team announced Tuesday that it had finalized its $40 million purchase of Powder Mountain.
Reached Tuesday afternoon, Summit Partner Thayer Walker said that the 40-plus investors behind the purchase were founding members of the company who would one day own homes on the mountain. That well-heeled group includes PayPal co-founder Peter Thiel, Tim Ferriss — author of The 4-Hour Work Week , and Elle Magazine founder Sunny Bates.
The ski resort’s heritage and feel will remain intact, Walker said, with development occurring mostly on the mountain’s south side. While a mountaintop conference center is part of Summit’s future plans, Walker said its tone and scale will be “more like retreat space than Salt Palace.”
Jon Springmeyer from Bonneville Research delivers findings from a study on the Department of Alcoholic Beverage Control at a Hinckley Forum on Monday.
“Say what you want to say about the state being in the liquor business,” said Jon Springmeyer, vice president of Bonneville Research. “You can say it’s a really good idea or a bad idea, but I think we can all agree that if you’re going to do it, do it well. Do it right. And that’s not happening.”
Murray • When Mayor Dan Snarr took office, the city’s center consisted of a series of dilapidated properties contaminated by smelters and other industrial waste several decades ago.
Now in the third year of his fourth and final term, Snarr is pleased to point out that those areas have been reclaimed.
“My goal was to get them all cleaned up before I left office, and that pretty well does it,” Snarr said as he surveyed the multitude of high-density apartment complexes rising out of the ground in the city’s 97-acre, transit-oriented Fireclay district, named for the brick factory that once operated there.
Birkhill on Main is among the newest round of multifamily residences that are sprouting on a former brownfield in the Fireclay area south of Big Cottonwood Creek.
A recent announcement from the national architecture and planning firm KTGY Group Inc. said that Birkhill’s $17 million phase 1, which consists of 137 one- to three-bedroom apartments on five levels, will begin pre-leasing in October and should be occupant-ready by March.
The Ogden-based Kier Corporation is building the 664- to 1,119-square-foot units that are designed to be energy efficient and meet the Enterprise Green Communities Certification Standard. Features include 9-foot ceilings, gourmet kitchens, roomy closets, private patio/balconies and same-level parking.
Hooper Knowlton III — manager of Parley’s Partners, the Salt Lake City firm overseeing Birkhill’s development — touted Birkhill’s structured parking garage in a recent statement.Read more...