Westwood has not yet identified any tenants for the big-box spaces but is considering a theater as a possible anchor, a company spokesman tells GSR. "It will probably be more on the upscale side as far as tenants go," he says.

Westwood executives have identified just over 450,000 people within a 20-mile radius of the project with incomes of nearly $71,000. The site is also near a planned BMW dealership and an existing, class A business park.

"They're horribly underserved," says the spokesman of the area's current residents. The development will be the first in Utah for Westwood.

The firm was started in 1998 as an acquirer of shopping centers, started doing local development in Michigan and has transformed in the last two years into a national developer. Westwood has two projects under construction, the 550,000-sf LaVista (NE) Pointe, and the 308,000-sf Lakes Crossing, in Norton Shores, MI.

In the pipeline, Westwood is considering two more developments in Utah, two in Arizona and one each in Hawaii, Indiana and Kansas. The company plans to sell its centers to joint-venture partners once they are completed, the spokesman says.