Clyde Companies Breaks Ground on Ironton, a Mixed-Use Project Spanning the Springville-Provo Border

Clyde Companies broke ground Monday, Nov. 9, 2026, on Ironton, a mixed-use development that straddles the Springville-Provo border at the northwest corner of U.S. 89 and 1400 North. The plan puts homes on the Provo side and shops, restaurants and offices on the Springville side, and it lands in the company's 100th year. Company leaders and the mayors of both cities took part in the ceremony. No opening date has been announced.

What was announced

The Herald Extra reported that the development spans 31 acres across both cities. Clyde placed commercial property in Springville and housing in Provo. In Provo, the plan calls for 168 townhomes and 90 condo units, 258 homes in all. In Springville, it calls for more than 67,000 square feet of retail and 27,526 square feet of office space.

KSL's account lists a wider mix of uses: townhomes, condos, single-family homes, restaurants, walking trails, public art and an ice-skating ribbon. KSL did not give acreage, unit counts or square footage, so the numbers in this article come from the Herald Extra.

The two outlets also describe different housing types. The Herald Extra's unit counts cover townhomes and condos. KSL's list adds single-family homes. Neither report says how many single-family homes are planned or on which side of the line they would sit.

The gathering space at the center

Clyde President Jeremy Hafen described a place for people to gather. "It'll be an area where people can gather, come get good food," he said, according to the Herald Extra. He told the paper the plan includes a gathering space and an ice skating ribbon.

Clyde's Ironton website gives more detail on those pieces. It calls "The Ribbon" the heart of Ironton, a multi-season destination with ice skating in winter and a roller rink and splash pad in summer, plus fire pits and gathering spaces. It also lists a flexible green space called the Gather Lawn for concerts, movies and festivals, a half-mile trail linking neighborhoods and parks, and public art such as murals, sculptures and interactive installations. The site describes the project as envisioned by Clyde Companies and managed by Clyde Capital Group. These are marketing descriptions, not approved site plans, and the site gives no dates.

Restaurants

The Herald Extra reported that Clyde has agreed to buy the Joe Bandito's property at U.S. 89 and 1400 North and rebuild the restaurant elsewhere in Ironton. Hafen said there is "almost a 100% chance" the Art City Trolley restaurant, which closed in 2022, will return. Clyde's site says only that it plans hand-selected restaurants, shops and local services.

Why the name Ironton

Clyde's Ironton website says the name honors Springville's industrial heritage and the people whose hard work helped build the community. The two news stories do not explain the name, so nothing beyond the website's statement can be reported here.

How the two cities settled the tax question

A project that sits in two cities raises a practical question: which city collects the sales and property tax? The Herald Extra covered the negotiation over the summer. In an August story, it reported that an interlocal agreement would have each city calculate the sales and property taxes collected on its own parcels, with the difference split equally. Springville's estimated annual revenue from the project ranged from $75,261 to $150,871, and Provo's from $76,172 to $87,317. Provo staff said sharing would begin only once 90 percent of both sides were built out.

Springville's City Council approved that draft first. On Tuesday, Aug. 11, the Provo City Council approved it with amendments, including extending the term from 15 years to 50 years and starting revenue sharing sooner. Councilman Jeff Whitlock said at the time that the agreement does not account for Provo's large costs, including infrastructure, parks and recreation fees, and maintenance. A Springville official said the amendments were "substantially outside" what Springville's council had agreed to.

The groundbreaking report shows where the talks ended up. Both councils went back and forth on proposed agreements, and the cities settled on a one-time $100,000 payment from Springville to Provo. Provo Mayor Marsha Judkins said the split could create a revenue discrepancy between the cities. Springville Mayor Matt Packard said the cities were able to talk through issues rather than argue over them. "We have such great respect for Provo and for its leaders," he said.

What the mayors said

Judkins framed the project in terms of investment and need. "It takes somebody willing to invest. And Clyde Companies is willing to invest in Provo," she said, according to the Herald Extra. She added that the area has been economically stuck and lacked housing, and that Provo is looking for ways to bring a grocery store to southeast Provo. The article does not say that Ironton will include a grocery store.

Wilford Clyde, the company's chairman, said the company wanted to build something that benefits the community and gives Springville and Provo residents a new place to shop.

KSL reported that Hafen was open about the economics. "If we were basing this decision solely on financial results, we wouldn't do it," he said, adding that some parts of Ironton "will make no money." He said he wants current residents to have a place to gather and that the company aims to be "here for the long run."

A centennial project

Ironton is tied to Clyde's anniversary. KSL quoted Wilford Clyde: "We started in Springville 100 years ago, and we're trying to give back." He is the grandson of founder W.W. Clyde. KSL also reported that the company rebuilt a stretch of U.S. 6 after the Thistle flooding disaster in the 1980s, and that Wilford Clyde said his grandfather believed in paying high wages and offering good benefits.

Clyde's own history page dates the family legacy to 1926 with W.W. Clyde, a heavy civil construction company. A hardware store and lumber yard next to a Springville service station W.W. Clyde bought became Utah Service in 1937, which later grew into the company now called Suncore. Geneva Rock followed in 1954. Clyde Companies Inc. was created in 1998 to unify the family of businesses, and the land development arm, now called Clyde Capital Group, dates to 2014. The Herald Extra says the company now has eight subsidiaries and more than 6,500 employees across the Intermountain West.

The company is also building a new corporate headquarters in Springville, across the street from the Ironton site, on the former W.W. Clyde and Co. yard and shop. Wilford Clyde joked that his grandfather might think the multibillion-dollar company has grown "a little too extravagant."

What it means for Provo residents

Provo's share of Ironton is housing. A total of 258 townhomes and condos, per the Herald Extra's figures, would be built on the Provo side, with a small amount of retail. The mayor described the area as lacking housing. For context on prices and availability, see our guides to the Utah Valley housing market and average rent in Provo. Neither news report gave prices or rents for Ironton, and this article does not estimate them.

Provo residents who want to follow what the city does next can see how to follow the Provo City Council and who to contact at the Provo mayor's office. The council's work on growth is also covered in our report on the city's new economic development steering committee, and the city's other large redevelopment effort is covered in our explainer on Provo Towne Centre.

What it means for Springville residents and commuters

The commercial side lands in Springville, which means most of the shops, restaurants and offices will be there. For background on the city, see our Springville living guide, our short history of Springville and our look at the Springville Clyde Recreation Center.

Commuters should note what has not been reported. The Herald Extra mentions only that U.S. 89 has long linked Springville and Provo. There is no traffic study, no parking figure and no road-work schedule in either story. Timing and any lane impacts around 1400 North and U.S. 89 have not been published. For the wider corridor, see our I-15 through Utah County guide.

The ice-skating ribbon may interest families. Ironton has no opening date, so see our guide to ice skating in Utah Valley for current options.

What is still unknown

Several basic questions remain open, and the sources do not answer them:

• Timeline. Neither news report gave a start date for vertical construction, a phasing plan or a completion date.
• Acreage. The Herald Extra says 31 acres. Clyde's website says 90-plus acres. No source explains the gap.
• Housing mix. KSL lists single-family homes. The Herald Extra's counts cover townhomes and condos only.
• Cost. No project cost was reported.
• Tax effects. The $100,000 payment is described as one time. How ongoing property and sales tax revenue will be divided was not detailed in the groundbreaking report.