Oquirrh Point
Oquirrh Point is a ~360 acre development featuring ~1,260 residential units, ~38 acres of commercial pads, ~31 acres of public/civic/religious sites, and ~95 acres of open space.
Absolute Foresight's Role
Absolute Foresight Enterprises provided in-depth and comprehensive market analysis for the funding of this endeavor. The analysis showed the strength of this project compared to the surrounding projects in Tooele Valley. It also compared the products in Oquirrh Point to similar products along the Wasatch Front. Our market analysis was used as the basis of key decisions to move forward and fund this project.
Development Overview
This master-planned community represents a significant investment in the future of Tooele Valley, bringing comprehensive residential and commercial development to the area. The project is designed to create a self-contained community with diverse housing options and supporting amenities.
Residential Components
- Total Units: ~1,260 residential units
- Housing Types: Mix of single-family lots, townhomes, cottages, and active adult communities
- Lot Sizes: Ranging from 5-AC lots to 11K+ lots to accommodate various preferences
Commercial Development
- Commercial Space: ~38 acres of commercial pads
- Strategic Placement: Commercial areas positioned for maximum accessibility and community benefit
Community Amenities
- Public/Civic Space: ~31 acres dedicated to public, civic, and religious facilities
- Open Space: ~95 acres preserved for parks, recreation, and natural areas
- Infrastructure: Comprehensive planning for utilities, roads, and community services
Market Analysis Impact
Our comprehensive market analysis examined:
- Regional Comparison: Competitive positioning against surrounding Tooele Valley developments
- Wasatch Front Analysis: Product comparison with established Front communities
- Market Demand: Assessment of housing demand and absorption rates
- Economic Viability: Financial projections supporting funding decisions
The analysis validated the project's market potential and provided the foundation for securing development funding.
Development Significance
Oquirrh Point represents a major step in Tooele Valley's growth, offering:
- Diverse Housing Options: From affordable cottages to larger family homes
- Economic Development: Job creation and tax base expansion
- Community Planning: Thoughtful integration of residential, commercial, and civic spaces
- Regional Growth: Contributing to the planned expansion of the Wasatch Back region
Key Project Features
- Scale: One of the largest master-planned communities in Tooele Valley
- Mixed-Use Design: Integration of residential, commercial, and civic components
- Open Space Preservation: Significant acreage dedicated to parks and recreation
- Market-Driven Planning: Development based on comprehensive market research and analysis