New Construction Update

New Construction Across the Wasatch Front: Mid-August 2026 Update

· 18 min read · By Adam Stark & Natalie Stark
Aerial view of new construction master-planned communities along Utah's Wasatch Front with the Wasatch Mountains in the background under a clear summer sky

Mid-August 2026 is shaping up to be one of the most dynamic periods for new construction along the Wasatch Front. We are tracking fresh developments across every major corridor: Innovation Park at Holbrook Farms celebrated its grand opening in Lehi with Governor Spencer Cox, Downtown Daybreak Phase 2 townhomes are rising fast, Olympia Monument Park pickleball courts broke ground in Herriman, Oakwood Homes began selling at Oquirrh Mountain Ranch in Eagle Mountain, Wildflower continues advancing through new plat phases, and builders across both counties are rolling out back-to-school season incentives as the summer homebuying season begins its final stretch.

In this mid-August 2026 update, we cover the Innovation Park grand opening and what it means for Lehi affordability, Downtown Daybreak Phase 2's first townhome construction, Olympia's new recreational amenities, Oakwood's expansion into Eagle Mountain, Saratoga Springs' new City Hall and what it signals about long-term infrastructure investment, Wildflower plat amendments, Saratoga Springs development pipeline activity, and a comprehensive look at builder incentives as we move through the second half of summer.

What's Inside This Update

  • Innovation Park at Holbrook Farms (Lehi): Governor Cox celebrates grand opening of Utah's first all-electric affordable townhome community with literacy center
  • Downtown Daybreak Phase 2: Townhomes under construction, Destination Homes, Holmes Homes, and Sego Homes building 31 units
  • Olympia (Herriman): Monument Park pickleball courts under construction, subdivision expansions continuing
  • Eagle Mountain: Oakwood Homes opens Oquirrh Mountain Ranch sales, Overland Cottages Village 2 progressing
  • Saratoga Springs: New City Hall open, Wildflower plat amendments advancing, 860+ active projects in pipeline
  • West Jordan Terraine: Tri Pointe models continuing strong traffic, builder activity across all five builders
  • Builder Incentives: Mid-August promotions, back-to-school timing, and rate buydown strategies

Innovation Park at Holbrook Farms: A Milestone for Lehi Affordability

One of the most significant new construction announcements of the summer was the May 28 grand opening of Innovation Park at Holbrook Farms in Lehi, celebrated by Governor Spencer Cox himself. This is not just another subdivision -- it represents a new model for affordable workforce housing along the Wasatch Front, and its progress through summer 2026 is being watched closely by housing advocates, builders, and local governments across the state.

1

Innovation Park -- What Makes It Different

Developed by Ivory Innovations (the affordable housing division of Ivory Homes), Innovation Park features 200+ all-electric townhomes purpose-built for Utah's essential workers -- teachers, healthcare workers, first responders, and service industry professionals who have been increasingly priced out of communities like Lehi. The community is one of Utah's first to simultaneously address housing affordability and childhood literacy, with the integrated Lehi Rippy Literacy Center serving residents and the broader community.

Community Features

  • 200+ all-electric affordable townhomes -- one of Utah's first fully electric communities
  • Located within the Holbrook Farms master plan near 2100 North and I-15
  • Priority for essential workers: teachers, healthcare professionals, first responders
  • Integrated Lehi Rippy Literacy Center on site

Market Impact

  • Sets a precedent for affordable housing partnerships between builders and the state
  • Governor Cox's attendance signals state-level support for this model
  • Could be replicated in other high-cost Wasatch Front communities
  • Addresses the workforce housing gap that has widened over the past decade

Why Innovation Park Matters

Innovation Park represents a shift in how new construction addresses affordability. Rather than relying solely on market-rate development with occasional affordable set-asides, this community was designed from the ground up to serve essential workers at prices they can actually afford. The all-electric construction also aligns with Utah's growing focus on energy efficiency and sustainable development. For buyers who qualify, Innovation Park offers a rare opportunity to own a brand-new home in one of the Wasatch Front's most desirable employment corridors -- without being priced out. As first closings continue through summer 2026, this community will serve as a case study for similar projects across the state.

Downtown Daybreak Phase 2: Townhomes Rising, Retail & Arts Center on the Horizon

The transformation of Downtown Daybreak into a true urban core for the Wasatch Front's largest master-planned community continues to accelerate. Downtown Daybreak Phase 2 is now actively under construction, with 31 townhomes taking shape along Grandville Avenue and Center Field Drive -- just steps from the Salt Lake Bees' Ballpark at America First Square.

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Phase 2 Townhomes -- Three Builders, 31 Units

Three builders are bringing distinct product types to the Phase 2 townhome infill:

Destination Homes

Live/work townhome units with ground-floor flex space adaptable for home offices, studios, or small retail. Designed for the work-from-home buyer who wants walkable access to the ballpark district and Oquirrh Lake trail system.

Holmes Homes

Traditional townhome designs with modern open-concept layouts, private outdoor spaces, and attached garages. Built to Holmes Homes' quality standards with energy-efficient features.

Sego Homes

Urban-inspired townhomes continuing Sego's contemporary aesthetic found throughout Daybreak. Walkable location steps from the Megaplex theatre, dining, and the growing Downtown Daybreak retail corridor.

Beyond the townhomes, Phase 2 plans include additional retail space, a district parking garage, and the future Larry H. & Gail Miller Arts Center -- which will be a cultural anchor for the community when it breaks ground. The Pennant (190 luxury rental units) continues pre-leasing with a fall 2026 delivery target, adding to the downtown's residential density.

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Cascade Village & Daybreak Core Communities

Cascade Village

First closings continue with families moving in. Seven active builders. Ivory Homes from $509,900, Holmes Homes from $409,900. New Contempo Collection by Sego Homes -- single-family homes starting at $589,900. Providence Series by Destination Homes from $744,990.

New Retail & Dining

Nomad Eatery, Naraya by Sawadee Thai, and Rockwell Ice Cream Co. are among the new businesses opening in 2026. The confirmed Trader Joe's location adds to Daybreak's growing retail ecosystem.

Olympia (Herriman): Pickleball Courts Under Construction, Subdivisions Advanced

The 933-acre Olympia development in northwest Herriman continues to be one of the most significant new construction stories in Salt Lake County. As of mid-August 2026, the development is making visible progress on both residential subdivisions and community amenities.

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Olympia Monument Park -- Pickleball Courts Breaking Ground

One of the most anticipated recreational additions to the Olympia community is now under construction. Pickleball courts at Olympia Monument Park broke ground recently, adding to the growing network of amenities designed to serve the approximately 6,330 planned housing units at full build-out. Pickleball has exploded in popularity across the Wasatch Front, and this dedicated facility will serve existing residents as well as attracting future homebuyers who prioritize active lifestyles.

  • Pickleball courts under construction at Olympia Monument Park
  • Part of a broader amenity package including trail systems, open space, and the planned 100-acre Utah State University educational campus
  • Three subdivisions already approved and under active construction: Great Basin at Olympia (Richmond American), Mountain Ridge and Creek Ridge (EDGEhomes), and Capitol Reef sub-community (D.R. Horton)
  • A fourth subdivision in the planning pipeline
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Panorama & Juniper Crest Road Extension

Adjacent to Olympia, the 640+ acre Panorama development (by DAI Utah) on Herriman's southern hillside is progressing. The critical Juniper Crest Road extension -- connecting Panorama to Mountain View Corridor -- is on track for completion by late 2026. This road connection will be transformative for Panorama's access and is being watched closely by buyers considering the south Herriman area.

In addition, the 6000 West Widening Phase 1 construction contract was approved in February 2026, and preliminary work on the freeway extension north of Porter Rockwell Boulevard is expected to begin in late 2026. These infrastructure investments collectively improve access across all of Herriman's master-planned communities.

  • Juniper Crest Road: On track for completion by late 2026
  • Freeway extension: First phase north of Porter Rockwell expected to begin late 2026
  • Olympia build-out: Up to 6,330 units over 25-30 years
  • USU campus: 100-acre educational campus planned within Olympia

Herriman's 2026 Infrastructure Timeline

Herriman's 2.7% annual population growth continues to drive demand across Olympia, Panorama, Hidden Oaks, and other communities. The Mountain View Corridor freeway extension -- now fully operational -- has already cut commute times to both the Salt Lake Valley and Utah County. The Juniper Crest Road extension and 6000 West widening will further improve access. Mountain Ridge Park's final grass playing fields are also opening in 2026, and Trader Joe's and Target at The Commons retail center are moving rapidly toward their openings. For buyers considering southwest Salt Lake County, the infrastructure story keeps getting stronger.

Eagle Mountain: Oakwood Homes at Oquirrh Mountain Ranch & Overland Progress

Eagle Mountain continues to solidify its position as one of the Wasatch Front's fastest-growing cities. Two major storylines are shaping the mid-August 2026 construction landscape: Oakwood Homes' expansion into the city and Ivory Homes' ongoing build-out at Overland.

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Oakwood Homes -- Oquirrh Mountain Ranch Now Selling

Oakwood Homes announced in April 2026 that it would begin selling single-family homes at Oquirrh Mountain Ranch, a master-planned community in Eagle Mountain. Sales launched in May 2026 with the Brio Collection priced from the low $500,000s. As of mid-August, initial phases are in active construction with model homes open for tours.

Oakwood's entry into Eagle Mountain expands the builder's significant Wasatch Front footprint (they are already well established at Daybreak's SpringHouse Village and Saratoga Springs' Wander community). Oquirrh Mountain Ranch offers access to hiking and biking trails, scenic mountain views, and proximity to the rapidly growing City Center area.

  • Brio Collection: Single-family homes from the low $500,000s
  • Location: Oquirrh Mountain Ranch master plan, Eagle Mountain
  • Amenities: Hiking and biking trails, scenic mountain views, nearby City Center
  • Status: Active sales with model homes open for tours
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Overland by Ivory Homes -- Cottages Village 2 & Gardens Active

Ivory Homes' Overland master plan continues as one of the company's largest communities, aiming for over 3,000 homes upon completion. Two key villages are advancing through active sales:

Overland Cottages Village 2

  • Homes from approximately $441,700 to $514,400
  • Completion dates starting September 2026
  • Cottage-style floor plans with efficient layouts
  • Located at 6417 Vernon Drive, Eagle Mountain

Overland Gardens

  • Single-family and twin homes from $430,000 to $600,000+
  • Main-level living options available for downsizers
  • Part of the 3,000+ home Overland master plan
  • Broad demographic appeal from first-time buyers to empty nesters
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Eagle Mountain Development Pipeline -- 116 Projects in 2026

According to city planning data, Eagle Mountain has 116 development projects moving through the planning and zoning pipeline so far in 2026, including 71 civic actions, 10 residential projects, 7 commercial projects, and 1 industrial project (Boardwalk AI). Notable additions include the Spring Run Plaza commercial development (6 lots along Spring Run Parkway) and the Triumph Subdivision plan amendment creating additional lots on Lake Mountain Road.

Spring Run Plaza

Six commercial lots along Spring Run Parkway. Master Development Agreement under review. New retail for Eagle Mountain's growing population base.

Triumph Subdivision

Plan amendment approved June 2026 creating additional lots on N. Lake Mountain Road. Scot Hazard development adding inventory to Eagle Mountain.

Boardwalk AI

Industrial project in the pipeline. Data center and tech infrastructure investment continues to drive Eagle Mountain's employment base growth.

Saratoga Springs: New City Hall, Wildflower Plats & 860+ Active Projects

Saratoga Springs continues to operate at a development pace that rivals any city in Utah. With over 860 active development projects in the pipeline and roughly 635 new residential units per year, the city is adding population and infrastructure at a remarkable rate. Two major milestones -- the new City Hall and ongoing Wildflower plat approvals -- anchor this mid-August update.

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New $41 Million City Hall Opens January 2026

Saratoga Springs opened its new $41 million City Hall at 319 S. Saratoga Road in January 2026. The facility houses city administration offices, city council chambers, and a public library -- a significant investment in civic infrastructure that signals the city's long-term commitment to growth management.

For new construction buyers, a city that invests in modern civic infrastructure is generally one that manages growth thoughtfully. The new City Hall, combined with the city's build-out projection of 120,000 residents at full build-out, represents a long-term vision that supports property values across all of Saratoga Springs' communities.

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Wildflower -- Plat Approvals & Active Construction

The 1,200-acre Wildflower community continues advancing through its development approvals and active construction phases. Village Plans through Village Plan 9 have been approved, and multiple plats are in active construction:

Active Builder Activity

  • Lennar: Brixton Park, The Valley at Wildflower (townhomes $444,900-$559,900), Primrose ($589,900 cottages)
  • Toll Brothers: Luxury estates from ~$1,000,000+ with 1,900-5,900 sq ft designs
  • EDGEhomes: Wildflower 2.0 phase with thousands of units planned
  • Richmond American: Active at Primrose sub-community

Active Plat Phases

  • Plats Q-1, Q-2, W-1, Y-1, Y-2 in active construction
  • Beacon Pointe V8 Phase 1 preliminary plat updated
  • Fox Hollow N4 phases advancing
  • One-third open-space commitment continues
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Wander & Other Saratoga Springs Projects

Wander (Oakwood Homes)

350-acre lakeside community continuing with Village 3 Amendment 3 approved. Townhomes from $479,990 to $539,990. Porchlight Collection and Sterling duet-style options available.

Other Active Approvals

  • Andover Property Rezone and Annexation
  • Beacon Pointe site plan amendments
  • Evans Estates preliminary plat
  • Three Canyons Plan (Larry H. Miller Company)

Terraine (West Jordan): Tri Pointe Momentum Continues Into Mid-August

The 630-acre Terraine community on West Jordan's west bench continues building momentum. Tri Pointe Homes' Polaris at Terraine -- the national builder's first Utah models -- have been drawing strong traffic since their late July opening, and the five-builder lineup is maintaining a steady cadence of sales and construction.

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Terraine Builder Update -- Mid-August 2026

Tri Pointe Homes

Polaris at Terraine models open and drawing strong traffic. Design-forward floor plans with energy-efficient construction. New Utah market entry generating significant buyer interest.

David Weekley Homes

2.99% rate promotion expired July 31. Now offering current market rates with standard incentives. Aura Collection ($549,990-$691,316) and Reverie Collection ($649,990-$852,409) still active with quick move-in homes available. Energy Saver building standards.

Sego Homes

Modern townhomes and single-family designs from approximately $434,000 to $566,000. Eco-friendly building systems. Urban-inspired aesthetic appealing to first-time and move-down buyers.

Ivory & Rainey

Ivory Mountain Towns paired homes from ~$395,000. Rainey Northlight Collection on 70'x100' lots. Both builders maintaining active sales with new phases coming online.

Lehi Market Roundup: Beyond Innovation Park

While Innovation Park has been the headline story in Lehi this summer, the city's broader new construction market remains extremely active. Here is where things stand across Lehi's other major communities as of mid-August 2026:

Holbrook Farms (Ivory Homes)

Flagship master plan off 2100 North. Quick move-in homes and lots available. Holbrook Place Collection from $601,000 to $755,000. Model home open at 3200 W Club House Drive. New Phase 12 with 14 single-family homes proposed.

Inverness (D.R. Horton)

Final Plat D advancing with 278 single-family homes and 126 townhomes plus 472 acres of open space. Homes from $516,990 to $1,550,000+. Amenities fully operational including pools, clubhouse, pickleball, and amphitheater.

Canyon Point (Fieldstone)

Up Hidden Canyon in Lehi. Transitional-style homes from $829,900. 3-6 bedrooms with Utah Valley views. Catering to the move-up buyer seeking mountain-adjacent luxury in the Silicon Slopes corridor.

Pioneer Meadows (Century)

Model grand opening held December 2024, still active in 2026. Two-story smart homes with 3-6 bedrooms. Priced from the $600,000s. Century Communities' first major Lehi presence.

Lakeview Estates (Toll Brothers)

52 luxury home community with model homes open. Toll Brothers' established Lehi presence continues alongside their newer Mapleton and Wildflower communities. Premium pricing with mountain views.

Jordan Walk Towns (Ivory)

Townhome community in Lehi from the $440,000s. Affordable entry point for buyers who want to be in the Silicon Slopes corridor without the price tag of a single-family detached home.

Builder Incentives: Mid-August 2026 Landscape

Mid-August is a pivotal inflection point in the new construction calendar. The Parade of Homes crowds have started to thin, Labor Day weekend is approaching, and builders are beginning to assess their fall inventory targets. This typically creates a window where motivated builders offer their most aggressive incentives to close out summer phases before the slower fall season.

Current Incentive Landscape -- Mid-August 2026

$15,000 to $80,000 in Combined Incentives

Utah builders including Beazer (up to $55K flex savings) and Newmark (up to $80K flex spending) continue offering generous packages. Combined builder plus state assistance can bring total savings to $20,000-$80,000+.

2-1 and 3-2-1 Temporary Buydowns

Widely available. Perry Homes offers $21,000 toward rate buydowns or closing costs. Lennar offers 2-1 buydown with rates as low as 1.99% Year 1. Kartchner Homes offers $10,000 on townhomes.

Permanent Rate Buydowns

Considered the most powerful incentive in 2026. Builder contributions can permanently buy down the note rate, reducing monthly payments for the entire loan term -- not just the first few years.

Design Center Credits

$10,000 to $30,000+ for upgrades. Most generous on end-of-summer/end-of-quarter purchases. Quick move-in homes typically come with the largest upgrade allowances.

Mid-August Strategy: The End-of-Summer Window

August 10 through Labor Day is a sweet spot for new construction buyers. Parade of Homes traffic has peaked, but builders still want to close August and September sales before the seasonal slowdown. Quick move-in homes -- those already under construction or nearing completion -- are particularly good candidates for aggressive negotiations because builders prefer to close them before year-end rather than carry them through the slower winter months. The Utah First-Time Homebuyer Assistance Program ($20,000 for qualifying buyers on homes under $450,000) continues to stack with builder incentives, potentially bringing total assistance to $20,000-$80,000+ on qualifying homes. Having an agent who knows which builders have inventory to move and which incentives are negotiable makes a significant difference in what you ultimately pay.

Community Quick-Reference: Mid-August 2026

A snapshot of every major new construction community across the Wasatch Front heading into mid-August 2026:

Community City Price Range Status
Innovation Park Lehi Affordable workforce Grand Opening May 2026 -- Governor Cox
Downtown Daybreak Ph2 South Jordan Townhomes 31 units Under Construction -- 3 Builders
Terraine West Jordan $395K -- $852K+ 170+ Built -- Tri Pointe Open
Olympia Herriman $438K -- $655K Pickleball Courts Under Construction
Panorama Herriman 640+ acres Juniper Crest Rd -- Late 2026
Hidden Oaks Herriman From ~$550K 6K-11K sq ft Lots -- Active
Oquirrh Mountain Ranch Eagle Mountain From low $500K Oakwood Homes -- Now Selling
Overland Eagle Mountain $430K -- $600K+ Cottages V2 -- Gardens Active
Wildflower Saratoga Springs $445K -- $1.5M+ Multi-Plat Active -- Village 9 Approved
Wander Saratoga Springs $365K -- $600K+ Village 3 Amendment Approved
Inverness Lehi $517K -- $1.55M+ Final Plat D -- Active Promotions
Holbrook Farms Lehi $450K -- $1M+ Phase 12 Proposed -- QMI Available
Cascade Village South Jordan $410K -- $580K Closings -- 7 Builders Active
The Point Draper 600 acres, $2.3B Phase 1 Infrastructure Progressing

The Point (Draper): Phase 1 Progress & Neighborhood Impact

Since its June 2026 groundbreaking, The Point -- the $2.3 billion mixed-use district on the 600-acre former Utah State Prison site in Draper -- has continued making steady progress. Site preparation, utility infrastructure, and initial foundation work for Phase 1 elements are all advancing through mid-August.

The Point's impact on surrounding new construction communities cannot be overstated. Daybreak, SunCrest, Inverness, and even Terraine in West Jordan all benefit from the billions of dollars in commercial, cultural, and residential infrastructure being built at the geographic center of the Wasatch Front. The development's "15-minute city" design -- housing, work, school, retail, healthcare, parks, and transit all within a 15-minute walk or bike ride -- is a model that typically drives sustained appreciation for surrounding residential neighborhoods.

Phase 1 Activity -- Mid-August

  • Site preparation and grading actively underway
  • Utility infrastructure installation progressing
  • Initial mixed-use residential and retail foundations
  • Walkable main street and event center site work

Neighborhood Impact

  • Positive value impact on Daybreak, SunCrest, Inverness
  • Corner Canyon trail connectivity integration
  • Future Mountain View Corridor extension adjacent
  • $165M state infrastructure investment backing Phase 1

Strategic Tips for New Construction Buyers -- Mid-August 2026

1

Tour Communities Before Labor Day

The window between now and Labor Day weekend is one of the best times to tour new construction communities. Parade of Homes crowds have subsided, sales staff have more time for personalized attention, and builders are motivated to close August and September sales before the seasonal fall slowdown. Communities like Terraine, Daybreak, Olympia, and Wildflower all have active model homes ready for thoughtful, unhurried tours.

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Compare Value Across the Full Price Spectrum

This month's update highlights the remarkable breadth of pricing available across the Wasatch Front. From Overland Cottages in Eagle Mountain starting around $430,000 to Toll Brothers luxury estates at Wildflower exceeding $1.5 million, the range of new construction options has never been wider. Understanding exactly what you get -- and give up -- at each price point is critical. A lower base price may come with higher HOA fees, longer commute times, or community facility district taxes. We help our clients build a total cost of ownership comparison across communities before they fall in love with a particular floor plan.

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Watch for New Community Grand Openings

Innovation Park's grand opening with Governor Cox, Tri Pointe's debut at Terraine, and Oakwood's expansion into Oquirrh Mountain Ranch all confirm that builders are releasing fresh inventory. New community openings typically offer the most competitive early-phase pricing and the widest lot selection. Once a community establishes its sales pace, prices tend to rise with each subsequent phase. If you see a new community that fits your criteria, visiting early -- ideally within the first weeks of model home openings -- can save you significantly.

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Factor School District Decisions Into Fall Moves

With the new school year starting across Jordan, Alpine, Canyons, and other Wasatch Front districts, August is a natural time to lock in school assignments. Communities like Daybreak feed into Jordan School District, Wildflower and Saratoga Springs communities sit between Alpine and Jordan districts, and Eagle Mountain is served by its own growing district. School quality directly impacts both daily life and long-term resale value. If school assignments matter to your family, verify them before committing to a floor plan.

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Bring Your Agent on the First Visit

This rule never changes. Many builder sales centers require that your agent accompany you on your first visit for you to be eligible for representation in price and incentive negotiations. If you walk into a builder's model home without your agent and register, you may not be able to bring representation to the negotiating table later. Call us before you plan any tour of new construction communities on this list.

Ready to Explore New Construction on the Wasatch Front?

Adam and Natalie Stark have guided countless clients through the new construction process across every major community in Salt Lake and Utah Counties. Whether you are interested in the newly opened Innovation Park workforce community, Downtown Daybreak Phase 2 townhomes, Olympia's expanding neighborhoods, Oquirrh Mountain Ranch, or any of the communities covered in this update, we can help you compare builders, negotiate incentives, and find the right home for your family. Adam holds a New Home Construction certification and brings a finance background to evaluating builder contracts and design center selections.

Disclaimer: Information in this article is based on publicly available data as of August 10, 2026, including builder websites, city planning documents, news reports, and MLS data. Pricing, availability, and incentive programs are subject to change without notice. Verify all details directly with builders and consult with a licensed real estate professional before making purchasing decisions. Adam Stark, Associate Broker AB-8047588-AB00 and Natalie Stark, Sales Associate SA-7369177-SA00, Summit Sotheby's International Realty, 13693 S 200 W, Suite 100, Draper, UT 84020.