Born from a simple business relocation, the Sandstone Hills development has changed the game for housing in Richfield, Utah. The small city of just 8,000 has long suffered an acute housing shortage, and locals had turned to motels and other short-term options that weren’t ideal. So, when Dale T. Smith & Sons Meat Packing Co. set its sights on moving to the area, the situation was only poised to worsen.
Fortunately, the company connected with CJM Development Group, and a new apartment community hit the Richfield market for the first time in years.
Not only has the project added 120 much-needed housing units to the area, but it has also allowed the Smith & Sons company to relocate successfully to Richfield, bringing 150 new jobs with it.
Another notable aspect of the project: All Sandstone Hills units are restricted to residents earning 55% of the area median income or below.
“The property allows residents access to the finest amenities, such as a pool, hot tub, fitness center, and clubhouse,” says Sierra Rogers, vice president of property management for CJM Development Group.
The $26 million property also boasts a playground, 70 on-site storage units, and full-size refrigerators and quartz countertops in the units. “It’s become a valuable addition to the neighborhood,” Rogers says.
