The Summit County Housing Authority on Monday, July 20, endorsed a development that would bring 60 deed-restricted condominiums priced around $400,000 to Rasmussen Road near Kimball Junction.
The board voted unanimously to direct staff to write a formal support letter for Lincoln View, a 168-unit mixed-use project proposed by Vincent Criscione of Crisco Development on 23 acres at 2400 Rasmussen Road, between Summit Self Storage and the Park City RV Resort.
The endorsement is advisory. It does not constitute land-use approval.
What's proposed
Lincoln View would be built in two phases. Phase 1 calls for 60 two-bedroom, two-bathroom condos of about 975 square feet each, spread across five three-story buildings on the property's west side. Buyers would need to earn no more than 80% of Summit County's area median income, which under current HUD figures equals $72,950 for a one-person household and $104,200 for a family of four.
Each unit would carry a 60-year deed restriction, an owner-occupancy requirement, and a 3% annual cap on resale appreciation. Criscione told the Housing Authority the condos would be built and sold before Phase 2 begins.
Phase 2 would add 108 rental apartments at affordability levels ranging from 50% to 120% of AMI, plus market-rate units, along with roughly 30,000 square feet of commercial space. Criscione identified Mountain Sprouts Children's Center as a prospective tenant. Plans also include a Basin Recreation trailhead parking area and trail connections.
"This is where it ought to be. I mean, that is the location for this kind of density," board member Rich Sonntag said at the July 20 meeting.
Financing and urgency
Criscione proposed pairing Utah's first-time homebuyer assistance program, a $20,000 zero-interest loan for newly built homes under $450,000, with a Utah Housing Corporation shared-equity program. Under his example, a buyer who sold after five years could retain about $62,475 in equity.
That state assistance program is set to expire next year. Community Development Director Peter Barnes said on KPCW's "Local News Hour" on July 7, before the formal endorsement, that the developer's timeline may be ambitious given the county's planning process. "There was a certain sense of urgency presented [at the housing authority], and I'm not sure how realistic that sense of urgency is going to be," Barnes said.
What comes next
The 23-acre site is zoned Rural Residential and Hillside Stewardship. Criscione is seeking a rezoning to Neighborhood Mixed Use-1. No formal application has been filed with the Summit County Community Development Department.
Once submitted, the project must clear a public hearing before the Snyderville Basin Planning Commission and then a final vote by the Summit County Council. No dates for those steps have been set.
Lincoln View would join other housing proposals advancing near Kimball Junction, including Junction Commons, a proposed 433-unit redevelopment of the former Outlets Park City property, and the county-led Cline Dahle workforce housing project near Jeremy Ranch Elementary School. Summit County faces a housing shortfall estimated at about 7,600 units as of early 2025, according to a draft Housing Authority strategic plan.
