The Military Installation Development Authority (MIDA) Board of Directors convened on June 26, 2026, to address several significant developments involving infrastructure, budget adjustments, and new industrial partnerships. During the meeting, which included both in-person and virtual participants, board members approved resolutions for land leases at Camp Williams and updates to development standards in the Falcon Hill Project Area.
MIDA CFO Paula Eldredge presented a proposed amended budget for Fiscal Year 2025-2026, noting that revenues in the Military Recreation Facility Project Area in Wasatch County exceeded original forecasts. These additional funds allowed MIDA to pay off loans for the Jordanelle Parkway and accelerate other infrastructure projects. Additionally, the board reviewed the proposed annual budget for Fiscal Year 2026-2027, with Eldredge anticipating increased revenue from property tax allocations and fees due to project area growth.
A major highlight of the meeting involved a ground sublease agreement between MIDA and Lunar Resources, Inc. for land located at Camp Williams within the Utah National Guard Project Area. Deputy Director Ariana Farber explained that the 17-acre site is intended for a HELIX-1 manufacturing facility focused on aerospace and defense. The project is projected to create 420 new jobs and generate over $188 million in wages over a 10-year period, alongside nearly $85 million in capital investment for Utah. The Utah Governor’s Office of Economic Opportunity has approved a post-performance tax credit through the Economic Development Tax Increment Financing program for this project.
The board also addressed developments within the Falcon Hill Project Area. Director Hilary Venable presented amendments to development standards and guidelines, which were unanimously approved. Furthermore, the board approved a site plan for an expansion of the Roy Innovation Center Building #6. This 16.9-acre expansion includes additional parking and designed landscaping, with development partner SRDP planning to construct an office building on the site.
Other project updates included progress on the 1800 North Gate at the base and the ongoing construction of facility 1573. Brett Christensen noted that 770 people are moving into the first building as older World War II-era facilities are being replaced. Additionally, the Military Recreation Facility Project Area reported 250 active building permits and significant room bookings for the Salute to Service 2026 event at the Grand Hyatt Deer Valley.
The meeting concluded with the unanimous approval of several resolutions, including the appointment of an Executive Director and the appointment of trustees to various MIDA public infrastructure district boards. The board also recognized the low risk of fraud reported following a recent assessment conducted in accordance with guidance from the State Auditor’s Office.
