Summary
Murray wrapped up the 35-year-old Cherry Street redevelopment area after boosting property values by nearly 2,000 percent. The city funded a final storm drain detention basin at 4580 South Cherry Street and dissolved the district to help local businesses combine parcels.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Apr 21, 2026.
Impact analysis
The RDA reimbursed Murray City $42,000 from remaining project area reserves, concluding a successful multi-decade urban renewal effort.
Local property owners, including the Fire Engineering Company, who can now combine parcels for tax purposes, and the city tax base.
Mentions & discussions (1)
Related development
Cherry Street Detention Basin
Improves stormwater management and drainage for the Cherry Street neighborhood, acting as the final project for the project area.
Cherry Street Neighborhood Development Project Area
The project successfully increased property values by nearly 2,000% since 1991 and is now being closed out to allow for property consolidation.
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