The Terrace at Traverse Mountain in Lehi Utah and Forest City

Did Forest City pull out of Traverse Mountain? Juicy rumors have begun.

I live at Traverse Mountain, and have lived here for just about 3 1/2 years. When I bought my house no one lived here. When I moved in there was a dozen or so homes occupied. Since I bought the home as an investment in a private community, I like to keep track of what goes on in the community, as well as the gossip. The Traverse Mountain News website is a great resource started by one of the residents here, that allows residents to converse about topics, dispel rumors, etc.

Recently there was a juicy rumor (looks valid) that was posted in one of their forums about the possibility that The Terrace at Traverse Mountain may not happen, at least with Forest City at the helm. Looks like Cabelas might be our stand-alone retailer for a while.

Check out the forum posts here: Traverse Mountain News - Forest City?

The post involves a response from Nancy at Forest City stating that they were no longer involved with the project. A later email included a recall of this statement. Does this mean it was untrue? or Just confidential?

I don't like to talk bad about the development I live in, because they've done a lot of things right, but there does seem to be some mixed messages on what this development really is. Sure the development has changed a lot since I moved here, but my perception is that there are some "home grown" developers at the helm. (When I say "home grown" I'm talking about the good old Utah Entrepreneur Spirit, without much experience to back it up.) I think there is a lot of forgiveness of the people who live here, because the mountain is beautiful and it's such a nice place to live. I just hope that they'll continue to see advice from other developers of grand master-planned communities and keep us residents in the loop on changes. (Lehi City Planning Commision does a great job of that.)