New housing development along 12th Street corridor could be financially obtainable

Tim Vandernack, Standard-Examiner
Construction crews work to build high-end apartments and townhomes at 1050 E. 12th St. on Monday, Feb. 21, 2022.OGDEN — A development of high-end apartments and townhomes are making their way to 12th Street in the North End neighborhood, and could be done in as little as 13 months. Durbano Group Property Development Manager Dino Pasqua said while the four-story housing development will not be low-income, it will be affordable.
Councilperson Marcia White said housing availability gets pushed down a notch at every level of income when there is not a good mix available.
According to the Ogden City website, housing in Ogden is affordable with great variety to buy or rent. The median cost of a home is listed at $328,175 and the median rent for a 2-bedroom apartment is $910 per month.
According to Pasqua, the company has not discussed rental prices since purchasing the property, located at 1050 East 12th Street, three years ago.
Pasqua declined to comment on the overall cost of the project. However, he did say property and material costs have gone up recently, creating a ripple effect.
“The more we can do as a city to increase supply, the more it will help in housing obtainability,” White said.
Durbano purchased eight parcels of land to acquire the 10.3 acre lot. Two homes on the property were demolished, one of which was occupied. Pasqua said negotiations with the homeowner went “very smooth” and the company paid what the owners wanted.
Ninety townhomes will sit above 108 apartments on the hillside with a two-story parking garage. Housing structures will be covered entirely of brick, despite the company wanting to only cover half, as part of the 12th Street Overlay Ordinance, further adding to the cost of the development.
The ordinance was established in 2006, as a way to incentivize development along the 12th Street corridor. While standards of the overlay zone ordinance only apply to new construction facing 12th Street, there are numerous regulations on site development and design standards.
According to Montgomery, the overlay provides more flexibility to property owners effected by widening 12th Street in the late 1980s by the Utah Department of Transportation. Development standards and incentives are used when a proposed development is consistent with the city’s vision for the area.
Ogden City Planning Manager Greg Montgomery added that he believes the Durbano property is the largest development under the ordinance.