New Eagle Mountain road to connect housing, commerce :: The Daily Herald :: Your town. Your neighbors. Your newspaper.: "In return for financing the road, the State Trust Lands will receive impact fee vouchers and entitlements for real estate developments, said Ric McBrier, assistant director of trust lands. State Trust Lands is building the road because it will make the 1,200 acres of land, which the state trust owns around the road, available for development. More than 100 acres on the northern end of the road could be on the market as soon as next year, but development for the rest of the property is more than three years away, McBrier said.
'The market has to be right,' he said. 'That's why we are investing in the road. We are getting closer to the market being right.'"