Mogul Capital block

Since 2016, Mogul Capital, a Midway, Utah, real estate development fund and a Marriott and Hilton franchisee, has purchased about 95% of the block bordered by North Cache Street, Mercill Avenue, North Glenwood Street and Perry Street.

Town councilors are attempting to leverage a public alley currently eyed by a hotel and residential developer for more affordable housing.

Brad Wagstaff, of Midway, Utah, wants to scoop up a 10,000-square-foot alley that connects Mercill Avenue to Perry Street, bisecting a full block at the north end of town that’s already 95% his.

Alley vacation

Town councilors are attempting to leverage the 10,000-square-foot alley that connects Mercill Avenue to Perry Street, bisecting a full block at the north of town, for more affordable housing.

Mogul Capital Mood board

This “mood board” of aesthetic inspiration was included in Brad Wagstaff’s report to town councilors about his hopes for building 120 hotel rooms and 51 market-rate condos on the north end of town.

Contact Sophia Boyd-Fliegel at county@jhnewsandguide or 307-732-7063.

Sophia covers county politics, housing, and workforce issues. A Pacific Coast devotee, she grew up in Washington, studied in California and has worked in Oregon and Alaska.

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(1) comment

David Weingart

Given our market rates, we don't need more market rate condos.

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