Concept development plan

Concept Development Plan

• In November 1999, together as a community we incorporated the City of Holladay. In the financial feasibility analysis to operate our City, the Cottonwood mall site was considered a key source of revenue for our City and assist in its financial viability. 

• General Growth Properties (GGP) first announced plans to redevelop the mall in July of 2007. A month later, the Holladay City Council deemed the shopping mall blighted. GGP tore down the mall in mid-2008 as the beginning of redevelopment. Original redevelopment plans called for a Lifestyle Center to be built around the existing Macy's store. Redevelopment of the Cottonwood mall site halted in 2009 when GGP filed for bankruptcy.

• Millrock Capital and Woodbury Corporation entered into a purchase agreement in 2019 with the Howard Hughes Corporation (existing owners) to redevelop the Cottonwood mall site based on the current vested entitlements granted to GGP in 2007.

• Holladay Hills (new name for the former Cottonwood mall site) is being developed under the 2007 Site Development Master Plan (SDMP) entitlements. 

• We anticipate the development will be completed within a range of five to ten years subject to market conditions.