(Daily Herald) The long and winding road to rejuvenating the old Geneva Steel property is entering a straightaway of sorts.
The town of Vineyard as well as landowner Anderson Geneva and other stakeholders are close to settling on terms that will give up to $300 million in tax breaks over 40 years to develop the 1,000-plus acres on the shore of Utah Lake.
"Developing it will basically create a new town," Vineyard planner Nathan Crane said. Crane added that up to 26,000 new people are expected to live in the area when the project is complete.