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Welcome to Ogden City » Doing Business in Ogden » Redevelopment Agency » Redevelopment Districts » Newgate Mall
Newgate Mall

REDEVELOPMENT PROJECT AREA #3 NEWGATE MALL

The Newgate Mall Redevelopment Project Area was established in July 1980 and encompassed 103.56 acres. This Area was established to assist with development of the Newgate Mall. The RDA participated by providing funding to construct storm sewer and water systems for the project area.

This Area is the first redevelopment project area in Ogden to satisfy all debt obligations. The final debt for this Area was paid from tax increment in March 1991.

With the retirement of all RDA debt associated with the Newgate Mall project, the taxes generated from the increased assessed value of the Area will now go to the various taxing entities in the City and County. Because of this project, these entities will enjoy a total annual increase in revenues of approximately $400,000.

The success of the Newgate Mall Redevelopment Area demonstrates the benefits that a community can enjoy from redevelopment. Land was redeveloped. The RDA debt was amortized. And, the tax rolls were fortified by the improvements made in this Area.

 
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