Clyde Companies broke ground Monday, Nov. 9, 2026, on Ironton, a mixed-use development spanning the Springville-Provo border. Located at the northwest corner of U.S. 89 and 1400 North, the project will feature residential units on the Provo side and retail and office spaces on the Springville side.
The development is expected to include 168 townhomes and 90 condo units in Provo, totaling 258 residential units. According to the Herald Extra, the Springville portion will consist of more than 67,000 square feet of retail and 27,526 square feet of office space. While the Herald Extra reports the site spans 31 acres, the Ironton website describes the development as 90-plus acres.
Clyde Companies President Jeremy Hafen stated that the project includes a gathering space and an ice skating ribbon. The Ironton website describes "The Ribbon" as a multi-season destination featuring an ice rink in winter and a roller rink or splash pad in summer. Other planned features include the Gather Lawn for events, a half-mile trail, and public art such as murals and sculptures.
To address tax revenue for the project spanning two cities, Springville and Provo have settled on a one-time $100,000 payment from Springville to Provo. This agreement follows previous negotiations regarding the split of sales and property taxes. Provo Mayor Marsha Judkins noted that the project represents an investment in an area that has lacked housing, while Springville Mayor Matt Packard said the cities were able to talk through issues rather than argue over them.
The groundbreaking marks the centennial year for Clyde Companies, which began in Springville 100 years ago. Chairman Wilford Clyde stated the company intends to build something that benefits the community and provides a new place for residents to shop. The company is also constructing a new corporate headquarters in Springville, located across the street from the Ironton site.
No opening date or completion schedule has been announced for the Ironton project.