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UTAH STATE EDITION

A Supplement to:

March 27 2022 Vol. VII • No. 7

“The Nation’s Best Read Construction Newspaper… Founded in 1957.” Your Utah Connection – Sharon Swanson – 1-760-518-4336 – sswanson@cegltd.com

Utah National Guard photo

The Utah National Guard broke ground on its new $26 million Nephi Readiness Center located in Nephi, Utah, on March 10.

‘Building for the Brigade’ Utah National Guard Breaks Ground On $26M Facility

Members of the Utah National Guard leadership joined community partners on March 10 to break ground on the new $26 million Nephi Readiness Center. The new facility — located on West Airport Lane, south of Meadow Lane and west of the Nephi Municipal Airport

— will be the home of the Utah National Guard’s 1457th Engineer Battalion and 204th Maneuver Enhancement Brigade. With a footprint of 58,000 sq. ft., it is anticipated that approximately 2,000 personnel, supported by an estimated

100 vehicles, trailers and specialty equipment, will use this facility for both classroom and tactical training. It will act as a “home base” for soldiers who are assigned to Nephi. “This is an exciting day,” SGM Jed Lundell, operations see TRAINING page 6

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Construction Equipment Guide • Utah State Supplement • www.constructionequipmentguide.com • March 27, 2022 • Page 3

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UTAH SALT LT LAKE CITY Y 4343 Century Dr. Salt Lake City, UTT 84123 Phone: 801-262-5761 Fax: 801-262-5780

SPRINGVILLE 1350 South 2000 West Springville, UT 84663 Phone: 801-794-1463 Fax: 801-794-1414

LOGAN 453 North 1000 West Logan, UT 84321 Phone: 435-752-1533 Fax: 435-752-5722

CED DAR CITY 4822 North Main Street Ceddar City, UT 84720 Phoone: 435-586-4406 Faxx: 435-586-2362 Email: del.maxedon@centuryeq.com

Page 4 • March 27, 2022 • www.constructionequipmentguide.com • Utah State Supplement • Construction Equipment Guide

Company Raises $7M for Construction Finance Marketplace CoFi, a Lindon, Utah-based construction loan marketplace that provides debt financing for developers and builders across the country, recently announced it has raised $7 million in seed funding as it seeks to transform the construction financing experience for all stakeholders in the construction industry. These funds will allow CoFi to process billions of dollars in active loan requests nationwide, helping builders finance more projects by paying workers more quickly. With the new funding, CoFi will help builders address the current housing supply crisis across the country and especially in rapidly-growing Utah, by helping builders finance more projects more quickly and helping them retain workers by paying subcontractors in a matter of days not weeks. The company works with a network of partner lenders that provide capital for construction projects, mostly multi-family and residential. The company’s software platform facilitates extremely fast payments to workers on construction job sites. “Paying subcontractors quickly is not

standard in the construction industry,” said Co-founder Mike Lacey “We are contractors. We know how important it is to pay people quickly. So we took the payment time from an average of 74 days down to on average every four or five days.” Co-founders Cam Harris and Mike Lacey sat down with TechBuzz and described how they were both construction management majors at BYU, became contractors and, by chance, met on a job site." “Working together at job sites we compared notes about the painful process of paying sub contractors," said Harris. “We each had stories about sub-contractors and contractors not getting paid on time; they ended up having to stop work, drop everything, drive around for hours picking up checks and hastily paying their workers and suppliers. It was a problem that Cam and I fell in love with and got passionate about. We said, ‘Hey, let's go try and solve this problem,’ maybe naively. But now we are seeing it's starting to resonate, and it’s actually changing lives of contractors and subcontractors that need to be paid for their

work." They explained how the platform he built is organized: • Construction Loan Marketplace: By engaging multiple partner lenders in a hand-picked, strategically grown lender pool, CoFi can ensure the best rates and terms for construction loans. CoFi was built as construction loan marketplace with lenders that specialize in acquisition, development and vertical construction so builders can spend their time focusing on building. • Digital Lending Platform: Construction has one of the highest failure rates of any industry and the number one cause is slow payments. Subcontractors and suppliers live on cash flow and getting them paid fast gives builders leverage, loyalty and sets them apart in the industry. Cofi’s digital lending platform offers users an in-house, networked inspection strategy, allowing builders to streamline cash to the job site so everyone can get paid quickly. Having been contractors, Harris and Lacey said they know what builders need to get their projects financed. They landed on

the idea of a marketplace after they experimented with being a more traditional SaaS provider. They wanted to address the lending process more completely. “So instead of builders having to go through the process with multiple lenders to see what potential term sheets they’ll get, they come directly to us,” said Harris. “We get all their information,” Lacey added. “We essentially underwrite the project. We have not just a local network, but a nationwide network that can result in the right lending partner working with the builder to find the right loan product. We built CoFi into the kind of tool I wish I’d had as a builder — one where we’ve replaced sending inspectors out to a job site with tech driven remote inspections to capture project progress and allow developers to sign off on the distribution of funds. This flexible payment schedule wildly improves upon the industry standard of an average 74day pay cycle. It can mean all the difference for a builder who might otherwise lose good workers because they can’t get paid quickly enough.” 

Bill Includes Millions of Dollars for Animal Crossings SALT LAKE CITY (AP) Motorists and truckers aren’t the only ones to benefit from the recently signed $1.2 trillion infrastructure law, which includes the largest investment in road and bridges in a generation. Wildlife will experience a lifesaving benefit if states tap into some $350 million earmarked for the construction of animal crossings over and under highways that run through wildlife migrating routes in the west and elsewhere, the Deseret News reported. It’s the largest single sum ever invested to resolve the deadly problem of vehiclewildlife collisions that stretches back nearly a century when government first began funding the construction of high-use roads and highways, according to Matt Skroch, project director of U.S. public lands and rivers conservation for the Pew Charitable Trusts. “The law has the potential to yield a huge return on investment by making roads safer

and populations of wildlife healthier, across the American West,” he wrote in a recent article for Pew Charitable Trusts. Wildlife have been roaming the landscape for millennia before the automobile. Their migration corridors can stretch up to 200 mi. as they head to the lower elevation valleys for winter foraging and return to the cooler mountain areas in the summer Skroch explained the seasonal migrations among deer are passed down from generation to generation, so when roads started crisscrossing their routes in the west collisions were inevitable. A report to Congress by the Federal Highway Administration showed more than 1 million wildlife-vehicle collisions occur annually, injuring or killing thousands of people and animals. That study, the most recent available, was in 2008. And the carnage persists, particularly in the western United States where traffic volumes have increased. The Pew

article co-authored by Skroch noted a stretch of U.S. Highway 550 near the Billy Creek Wildlife Area in western Colorado is infamous for its roadkill and occasional major accidents, as is a portion of U.S. Highway 26/287 between Riverton and Dubois in Wyoming. But during the past decade, advances in GPS technology, such as collars affixed to deer, have also made it possible to map animal migration routes with pinpoint accuracy, which has also led to solutions beyond road signs, such as fencing or highway crossings dedicated to wildlife, that are enormously effective. “Some of these structures have reduced collisions by more than 80 percent,” Skroch wrote. An example of that success is an overpass dedicated to wildlife erected at Parleys Summit along I-80 in Utah in 2018. Video from the state’s Department of Wildlife Resources shows dozens of animals, from

rodents and deer to moose and bears, using the overpass at all hours. In the two years before the $5 million wildlife overpass was built, more than 100 wildlife-vehicle crashes were reported, according to the Utah Department of Transportation, and it’s estimated the number of unreported collisions was four times that many. The technological advances and databacked successes in several state like Utah helped public safety and wildlife stakeholders in both government and nonprofit arenas successfully lobby Congress to include funding for wildlife crossings in the Biden administration’s bill, Skroch explained. “What the wildlife crossing provision in this new federal infrastructure and transportation bill is all about is providing the guidance and resources to really mainstream that win-win solution” that will save the lives of people and wildlife, he said in an interview. 

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Construction Equipment Guide • Utah State Supplement • www.constructionequipmentguide.com • March 27, 2022 • Page 5

Construction Commences On Utah’s Tallest Building Construction on the 40-story This project will become Utah’s tallest Astra tower in Salt Lake City has building after its completion in 2024, officially begun following a reaching a maximum height of 450 ft. groundbreaking ceremony. Jacobsen Construction is the general contractor selected for this project. This high-rise luxury residential tower has been designed to change the city’s skyline as a timeless Salt Lake icon and it will become Utah’s tallest building after its completion in 2024, reaching a maximum height of 450 ft. Kensington Investment Company, the project’s developer, is focused on ensuring that this project meets high standards of environmentally sustainable construction. Based on the design plans by HKS, the Astra tower will have its south and southeast exterior facades draped natural urban landscape. Post-tensioned conwith a floor-to-ceiling glass wall, on the crete designs also have been implemented to other sides of the building a form of glass greatly reduce risks to residents or damages fiber-reinforced concrete will be applied. to the building in case any seismic events Recessed windows also will be added to pro- occur. The 372-unit Astra Tower is being develvide an abundance of natural light and residents will be able to enjoy stunning views of oped on a 0.69-acre site located at the interthe Salt Lake Valley, along with a unique section point between South State Street and

East 200 South. This parcel of land was acquired by Kensington Investment in 2018. The luxury residential tower will feature a mix of studio, one-, and two-bedroom apartments, as well as two floors of penthouse units. Some major amenities are intended to spread across three floors which include the 8th,

22nd and 40th floors. On the 8th floor of Astra Tower, the amenities offered will include a terrace, an outdoor deck surrounded by seating and grills, a gourmet kitchen, a lounge room consisting of televisions and games, an urban park and a fitness center. The 22nd floor will feature a pool terrace pool, a plunge pool, jacuzzi, spa with saunas and treatment rooms. A large residents-only rooftop terrace will be provided on the 40th floor, along with spots for grilling and group socialization and a big-screen television. Astra Tower’s development team is gunning for a LEED Gold certification and building with strict adherence to the environmental standards specific to northern Utah, which focus on minimizing carbon footprint and addressing environmental issues such as air quality. According to the Senior Interior Designer of HKS, Deanne Teeter, this residential building is designed with the goal of promoting the wellness, active lifestyle and vibrance of the community. 

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Readiness Center Will Host Classroom, Tactical Training Utah National Guard photo

With a footprint of 58,000 sq. ft., it is anticipated that approximately 2,000 personnel, supported by an estimated 100 vehicles, trailers and specialty equipment, will use this facility for both classroom and tactical training. TRAINING from page 1

decades…so these new facilities account for all the sergeant, said in an interview at the ceremony. “This new upgrades to provide our vets to learn and train.” the first groundbreaking that we’ve had as far as the The new center will provide more space and better Brigade goes. We’ve always inherited old armories. technology for the guard, which is growing in both This is going to be the first built-for-us armory from equipment supply and personnel. the ground up. So, it’s a pretty exciting day. We were Because of the location of the site, basic utilities and able to influence how the building was made. services are limited. This has created the opportunity Everything from office to our conference room. We to explore creative alternatives for energy generation have a footprint. It’s built for our use and how we and the need for key utility connections. The Nephi operate.” Readiness Center is envisioned to be a true “standContracting crews are expected to complete the alone” facility for the community, able to operate in project in fall 2023. severe crisis mode. In 2009, the Armory Board acquired the 30 acres in “Our soldiers are all made up of these communities a land trade with Nephi. The military construction all around the state that serve our state and nation,” planning process and submission started in 2012. In 1st Sgt. John Etheridge, U.S. Army photo Thalman said. “There are times where we could easily 2019, the Utah Legislature funded 3 mi. of utility lines Cris Hogan, president of Hogan and Associates Construction, be a mutual support for special events in the commufor the site through the state’s Division of Facilities gives a token of appreciation to Brig. Gen. Tyler Smith, assistant nity. Sometimes we’ll host events with them in our adjutant general-Army, Utah National Guard, during a ground- readiness centers,” he said. Construction and Management. Architectural Nexus designed the readiness center. breaking ceremony for the Nephi Readiness Center. “It helps keep us in front and with our community Hogan and Associates Construction completed the partners, not just with the local officials but also with infrastructure project and was awarded the contract, with said. “The important thing with the new building is we tend the public,” Thalman added. “In turn, that keeps that pride in to get a lot more environmentally-friendly buildings and we our country and the great support that we get from our folks completion scheduled one year from now. “This is essentially a significant upgrade, where we have come up to code. Many buildings have been around for here in Utah.”  a building that facilitates the units that are going to be assigned there, but it also has the ability to support, potentially, domestic operations response,” Command Sgt. Major Richard Thalman, who is the project manager of the center, told KSL.com. Thalman said that this center is an upgrade over the “old main street armories” that were built in the 1950s. “They were built for smaller formations, smaller equipment, not as much field gear, not as much personal gear or weapon systems, and especially very much smaller vehicles [and] military equipment,” he said. “We’ve outgrown those over, you know, 70, 80 years — they’re very outdated. They don’t meet our physical security needs. They don’t meet our technological needs.” Colonel Woodrow Miner, brigade commander, discussed Architectural Nexus designed the readiness center. Hogan and Associates Construction completed the infrathe importance of a readiness center. “This provides a great location for us here in Nephi,” he structure project and was awarded the contract, with completion scheduled one year from now.

Construction Equipment Guide • Utah State Supplement • www.constructionequipmentguide.com • March 27, 2022 • Page 7

Officials Invest $50M in Water Projects, Ecosystem Restoration Deputy Secretary of the Interior Tommy Beaudreau visited Utah County recently where he toured water infrastructure and ecosystem restoration projects funded by President Biden’s Bipartisan Infrastructure Law. A total of $50 million is available through the infrastructure law to the Central Utah Project Completion Act to accelerate construction of water delivery systems that will provide clean, reliable drinking water to more than 100,000 Utah residents and complete the Provo River Delta Restoration Project, providing habitat restoration for a threatened fish species and improving recreational access to the area’s natural environment. “The investments in Utah from President Biden’s Bipartisan Infrastructure Law will have tremendous impacts to the state’s residents, unique ecosystems, and local wildlife,” Deputy Secretary Beaudreau said. “I’m proud of the work that the Interior Department is engaging in with local, state and Tribal communities and we will ensure that these communities have the resources that they need to tackle the climate crisis, create good-paying union jobs,

advance environmental justice and boost local economies.” In Provo, Deputy Secretary Beaudreau visited the Provo Delta Restoration Project. In addition to restoring the area’s natural ecosystem and improving recreational experiences along the Lower Provo River, the Provo Delta Restoration Project will help in the recovery of the endangered June Sucker. In Orem, Deputy Secretary Beaudreau toured the construction of Utah Lake System pipelines where he was briefed on how the infrastructure law is helping speed up construction of critical water systems. Recently, the Department announced a total of $40 million to the Central Utah Project Completion Account and $10 million for the Mitigation and Conservation Account. These allocations include $38.2 million for the Utah Lake System, including construction of the South Fields Reach 2 and the Salem Reach 1; $4.3 million to complete construction of the Provo Delta Restoration Project; $3 million for construction of the Provo Lakeview Parkway and Trail; and $2.7 million for construction of the Provo River Delta Gateway Park. 

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