St. John Properties Begins Construction on 190,000 sq.ft. Grove Tower
Pleasant Grove, UT (PRWEB) April 19, 2017 -- St. John Properties has commenced construction on its newest office building. The 190,000 square foot Grove Tower is next to I-15 and Pleasant Grove Boulevard (Exit 275). Grove Tower follows on the company’s recent completion of two other adjacent single story office buildings within their 60-acre master planned development known as Valley Grove.
"We are thrilled with the investment St. John Properties is making in the gateway of our city,” states Mayor Mike Daniels of Pleasant Grove City. “The Grove Tower represents the breadth, depth, and quality of their company as much as the development they are building.” “We are very excited about the economic development impact of St. John Properties’ investment in our city,” adds PG City Councilwoman Dianna Andersen.
Interested persons may watch the building’s construction cam HERE.
“We are so pleased to be a part of Pleasant Grove’s rapid growth on Utah’s Silicon Slopes,“ states Daniel Thomas, managing partner for St. John Properties Utah. “In the heart of Utah County, Grove Tower offers businesses unmatched connectivity and access to the whole valley, giving employees more time for work and play and not in traffic.”
The six-story Grove Tower class-A office space promises breathtaking 360-degree views of Mt. Timpanogos and Utah Lake. Grove Tower is LEED designed to address the air pollution that plagues our valleys, reduce water consumption and lower maintenance costs for tenants.
The Need
The state added 42,100 jobs between November 2015 and November 2016, according to the Utah Department of Workforce Services. Utah Valley’s tech heavy silicon slopes are pulling the epicenter of population growth south of the state's capitol city as new jobs and new homes dot the Utah County landscape according to the University of Utah's Kem C. Gardner Policy Institute. This is driving increased demand for office space in Utah Valley.
Grove Tower anchor tenant Instructure is expanding to Utah Valley. “We are excited to expand our engineering and customer success teams in Utah County and look forward to drawing upon the incredible talent base the market provides," said Jeff Weber, SVP of People and Places for Instructure.
St. John projects Grove Tower completion in December with tenant occupancy in January 2018.
About St. John Properties
Established in 1971 by Edward St. John, St. John Properties has evolved from a developer of commercial buildings into a long-term real estate investment company. Now expanding in Utah, St. John Properties is attracted by the State’s economic strength, pro-business climate, quality of life, and projected growth. St. John’s new Valley Grove development in Pleasant Grove marks the company’s commitment to Utah’s quality of life with its 40th LEED certified commercial office building.
Alexis Johnson, St. John's Properties, +1 9167923850, [email protected]
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