February 13, 2013

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Article

Large-Scale Development Deal Completed in Bluffdale

Press Release

February 13, 2013

The Aclaime Group has completed a deal to purchase a 141-acre real estate development property northwest of Point of the Mountain in Bluffdale. The deal was finalized through Aclaime Dynamics, a development company owned by The Aclaime Group.

Over the next few years, Aclaime Dynamics will direct the development of the 1,000-home sites and mixed-use commercial acreage. The project has been named Aclaime at Independence.

“Due to some of the unique circumstances of the property, including the development of Porter Rockwell Boulevard, this is a wonderful opportunity for both Aclaime and the community of Bluffdale,” said Justin Luettgerodt, CEO of The Aclaime Group and Managing Partner of Aclaime Dynamics. “This property will not only provide new homes for Utah families, but will create a completely new and fully expanded community minutes from I-15.”

Porter Rockwell Boulevard will be a major east-west corridor road, connecting Redwood Road and I-15. The developers plan to add parks, trails, landscaping, local businesses, schools, churches and community buildings to the area. To complete the acquisition of the property, The Aclaime Group acquired Performance Dynamics, a real estate development company which is now known as Aclaime Dynamics.

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