Centerville movie Megaplex plan advances

FARMINGTON (Deseret News) — A proposal for a 14-screen Megaplex, including an IMAX theater, in Centerville got a boost Tuesday.

The Davis County Commission approved an agreement for tax relief for the project, proposed by Legacy Crossing LLC for the area between Legacy Parkway and I-15 along Parrish Lane.

The agreement, one of many with various taxing entities, would allow the developers relief from 30 percent of county taxes.

The 28-acre Legacy Crossing project would be anchored by Megaplex Theatres, owned by the Larry H. Miller Group. It also would contain apartments and 200,000 square feet of retail space. It would be part of a 102-acre area that could have offices, more residential offerings and other commercial operations.

Currently, three-fourths of the 102 acres is undeveloped, with the remainder the site of storage facilities, light manufacturing and construction, according to Kent Sulser, Davis County community and economic development director.

The area provides $120,500 annually to various taxing entities. Should the development become reality, the net tax benefit would total more than $40 million over 15 years, according to Jason Burningham, financial adviser to the Centerville City Redevelopment Agency. Original Article