New Construction Update

New Construction Across the Wasatch Front: Late August / Early September 2026 Update

· 18 min read · By Adam Stark & Natalie Stark
Aerial view of active new construction homebuilding sites across Utah's Wasatch Front at late summer golden hour with the Wasatch Mountains in the distance

As we enter the final week of August 2026 and look ahead to the Labor Day weekend, the Wasatch Front new construction market is humming with activity across every major community. This update covers a number of significant developments: The Point in Draper is now calling for private-sector developers to build 800-900 for-sale homes in its River District, marking a major milestone in the $2.3 billion transformation. Terraine in West Jordan has moved into full-scale vertical construction with approximately 2,800 homes planned. Olympus at Daybreak has opened model homes in the newest Daybreak village. Lehi's 2100 North freeway-to-freeway connection is hitting key construction milestones. Saratoga Springs continues to lead Utah County with over 860 active development projects. And Herriman's Panorama master plan and the long-awaited Trader Joe's opening are reshaping the city's southwest corridor.

In this late August / early September 2026 update, we cover The Point River District for-sale housing call, Terraine's accelerating buildout and model home availability, Olympus at Daybreak grand opening, Lehi's 2100 North and Mountain View Corridor infrastructure progress, Saratoga Springs' Wildflower and Wander expansions, Herriman's Panorama master plan approval and Trader Joe's timeline, Firefly and Eagle Mountain continued growth, Labor Day 2026 builder incentives and rate promotions, and a comprehensive builder comparison section to help you plan your new construction tour.

What's Inside This Update

  • The Point (Draper): River District calls for 800-900 for-sale homes from private developers
  • Terraine (West Jordan): Full-scale vertical construction accelerating with 2,800 planned homes
  • Olympus at Daybreak: Newest Daybreak village opens model homes
  • Lehi Infrastructure: 2100 North freeway connection and $466M Mountain View Corridor expansion
  • Saratoga Springs: 860+ active projects, Wildflower Village 9 approved, Wander Village 3 building
  • Herriman: Panorama 555-acre master plan advancing, Trader Joe's opening fall 2026
  • Firefly & Eagle Mountain: New plat for 409 lots submitted, Candlelight Homes building
  • Labor Day 2026: End-of-summer builder incentives, rate promotions, and buying strategy
  • Builder Comparison: Direct comparison of 15+ builders, communities, and incentives for late summer 2026

The Point (Draper): River District Calls for 800-900 For-Sale Homes

The biggest story this week on the Wasatch Front development landscape comes from The Point, the $2.3 billion mixed-use district on the former Utah State Prison site in Draper. On July 13, 2026, the Point of the Mountain State Land Authority issued a Request for Qualifications (RFQ) for the River District -- a residential zone within the 600-acre master plan that will deliver 800 to 900 for-sale homes. This is a critical inflection point: The Point is transitioning from infrastructure mode into phase-specific private development.

1

The Point River District -- What We Know

River District Housing

  • 800-900 for-sale homes on 41 acres near the Jordan River
  • Private-sector developers invited through RFQ process
  • Mixed product types expected -- single-family, townhome, and duplex
  • Walkable design integrated with the main street and entertainment district
  • Corner Canyon trail connectivity being incorporated into the plan

Broader Point Progress

  • University of Utah approved $43.5M land purchase for medical campus (June 2026)
  • 5,000-seat entertainment venue, parking, and promenade seeking $196M in bonds
  • Foundation work continuing on initial Phase 1 mixed-use buildings
  • Infrastructure installation on schedule across southern parcels
  • First retail and residential openings projected 2028-2029

What the River District Means for Buyers

The River District RFQ signals that The Point's residential component is moving from concept to developer solicitation. For buyers, this is an early preview of what will become one of the most significant new home opportunities in Draper -- a walkable, mixed-use environment adjacent to open space and trail systems in a city where the median single-family home price is now above $925,000. While homes in the River District are likely 3-5 years from delivery, the land use plan suggests a product mix that could offer more attainable pricing than Draper's existing single-family stock. We are tracking this closely for clients interested in being early buyers when lots are released.

Terraine (West Jordan): 2,800-Home Buildout Accelerating

Terraine, the 630-acre master-planned community on West Jordan's west bench near the Oquirrh Mountains, is now in full-scale vertical construction. With approximately 2,800 homes planned across multiple builders and product types, Terraine has become one of the most important new construction destinations in Salt Lake County. Model homes are open for tours, and construction activity is visible across the entire site.

2

Terraine Builders & Status -- Late August 2026

Active Builders at Terraine

  • Ivory Homes: Single-family homes from the $400Ks, multiple floor plans
  • Tri Pointe Homes: New model openings with wellness-focused designs
  • Rainey Homes: Northlight Collection with 70' x 100' lots, 3.990% rate promotion through Aug 31
  • David Weekley Homes: $550K-$852K, premium finishes and customer experience
  • Richmond American: New phases opening

Community Features

  • Localscapes water-saving landscaping standard across the community
  • Neighborhood parks and trail connections integrated throughout
  • HOA managed by Cohere
  • Proximity to Mountain View Corridor and Bangerter Highway
  • Walking distance to future commercial and retail nodes

Terraine represents a significant expansion of West Jordan's housing stock and is drawing a diverse range of buyers -- from first-time homebuyers in Ivory Homes' entry-level product to move-up buyers choosing David Weekley's semi-custom floor plans. The community's west bench location offers views of the Oquirrh Mountains and quick access to Mountain View Corridor, making it popular with commuters to both Salt Lake and Utah Counties. With Rainey Homes' 3.990% rate promotion expiring August 31 and several builders offering end-of-summer incentives, this is a prime week to tour Terraine.

Olympus at Daybreak: New Village Model Homes Open

Daybreak continues to expand with the opening of Olympus at Daybreak, the community's newest village. Model homes are now open at Olympus, showcasing floor plans from multiple builders in one of Daybreak's most anticipated phases. This village brings new single-family and townhome product to the 4,200-acre master plan, which now spans over two decades of continuous development.

Olympus at Daybreak Highlights

  • Newest Daybreak village with model homes now open for tours
  • Multiple builders with diverse floor plans
  • Single-family and townhome product types
  • Daybreak amenity access -- Oquirrh Lake, trails, parks, pools
  • Walking distance to future retail and open space

Other Daybreak Activity

  • Downtown Daybreak Phase 2: 31 townhomes framing on Grandville Avenue
  • The Pennant: 190 luxury rental units, pre-leasing for fall 2026 delivery
  • Cascade Village: Closings accelerating across 7 builders
  • SpringHouse Village (55+): Strong sales with new summer floor plans
  • Trader Joe's: Confirmed for Daybreak, opening timeline TBD

Daybreak's Enduring Appeal

Two decades in, Daybreak remains the benchmark for master-planned living on the Wasatch Front. The opening of Olympus at Daybreak, combined with Downtown Daybreak Phase 2 construction, the Pennant pre-leasing, Cascade Village closings, and the Trader Joe's announcement, demonstrates that Daybreak continues to evolve and add new product. With the Salt Lake Bees now playing their inaugural season at The Ballpark at America First Square and the third TRAX station now operational, Daybreak's urban amenities are matching its long-established recreation and lifestyle offerings. Phase 1 pricing at Olympus represents some of the best value in Daybreak's current inventory.

Lehi: 2100 North Freeway Connection & Mountain View Corridor Milestones

Two major infrastructure projects are reshaping Lehi's transportation landscape and opening new areas for residential development. The 2100 North freeway-to-freeway connection -- a 2.8-mile link between Interstate 15 and Mountain View Corridor -- began construction in March 2026 and is now hitting key milestones. Simultaneously, the $466 million Mountain View Corridor expansion is building four new miles of freeway from 2100 North in Lehi to Porter Rockwell Boulevard in Herriman, expected to conclude by December 2026.

3

Lehi Infrastructure Impact

2100 North Freeway Connection

  • 2.8-mile freeway-to-freeway link between I-15 and Mountain View Corridor
  • 14 new bridges and 2 pedestrian bridges
  • Nearly 2 miles of shared-use path
  • Will dramatically improve east-west connectivity across Lehi
  • Unlocks access to developing areas along the corridor

Mountain View Corridor Expansion

  • $466M investment for 4 new freeway miles
  • Connects 2100 North (Lehi) to Porter Rockwell Blvd (Herriman)
  • Expected completion: December 2026
  • Will link employment centers across Salt Lake and Utah Counties
  • Major value driver for Lehi, Herriman, and Saratoga Springs communities

For new construction buyers, these infrastructure investments are critically important. The 2100 North corridor in particular opens up significant acreage for future residential development on Lehi's west side, including the Holbrook Farms expansion and new communities near the Silicon Slopes tech hub. The Mountain View Corridor freeway completion will reduce commute times between Utah County and Salt Lake County, making communities like Saratoga Springs, Eagle Mountain, and Herriman more accessible to employment centers in both counties.

Saratoga Springs: 860+ Active Projects, Wildflower & Wander Expanding

Saratoga Springs continues to lead Utah County in new construction velocity with over 860 active development projects and approximately 635 new residential units added per year. The city's RAP Sheet (Report on Active Projects) lists dozens of residential, commercial, and infrastructure projects in various stages of planning, approval, and construction. Wildflower and Wander remain the two largest active buildouts, but new communities are emerging across the city.

Wildflower

  • 1,200-acre master plan, one of Utah County's largest active buildouts
  • Village Plan 9 approved, Village Plan 10 in process
  • Lennar townhomes at The Valley: $444,900-$559,900
  • Toll Brothers luxury estates from ~$1,000,000+
  • EDGEhomes Wildflower 2.0 phase building
  • Beacon Pointe V8 Phase 1 by David Weekley: from $551,990

Wander (Oakwood Homes)

  • Village 3 Amendment 3 approved -- under construction
  • Porchlight Collection townhomes: $479,990-$539,990
  • Sterling duet-style and Arrival collections available
  • American Dream Collection single-family: from $374,990
  • Lakeside access and community parks opening

Other Communities

  • Ridgehorne (EDGEhomes): 237 homes, $528K-$723K
  • Highridge (Mt. Saratoga): Single-family, townhomes, condos
  • North Lake Meadows (Alpine Homes): 21 lots from $700K+
  • Pony Express Parkway widening: Underway to Redwood Road
  • WinCo Foods and Dave's Hot Chicken opened summer 2026

Herriman: Panorama Master Plan & Trader Joe's Opening

Herriman's southwest corridor is undergoing a transformation on multiple fronts. The Panorama development -- a 555+ acre mixed-use master-planned community by DAI Utah -- is advancing through its planning stages after the City Council approved the Master Development Agreement in November 2024. At the same time, Trader Joe's is on track for a fall 2026 opening at The Commons at Herriman Towne Center, adding to the city's growing retail roster alongside a Target also under construction.

4

Herriman Development Snapshot

Panorama Master Plan

  • 555+ acres in southeast Herriman near Mountain View Corridor
  • Up to 1,717 residential units: single-family, townhomes, apartments
  • Commercial space concentrated along Mountain View Corridor
  • Panorama Park completion targeted by end of 2028
  • Future Jordan School District elementary school planned within development

Other Herriman Activity

  • Trader Joe's: Opening fall 2026 at The Commons Towne Center
  • Target: Under construction at The Commons, 2026 opening
  • Life Time Athletic: Groundbreaking 2026, completion 2027
  • Juniper Crest Road: Extension to Mountain View Corridor, complete late 2026
  • Monument Park: Pickleball courts opened summer 2026
  • Mardam Ranch (Alpine Homes): Phase 2 nearly sold out, from $800K+

Firefly & Eagle Mountain: New Plat Signals Continued Expansion

Firefly, the newest master-planned community in Eagle Mountain, continues to grow with a new preliminary plat submitted for Firefly NPA 8, Phase A -- proposing 409 lots on 74.66 acres (169 single-family and 240 multi-family units). The community, built primarily by Candlelight Homes, has seen an 89% build rate since 2020 with a median build year of 2025, indicating rapid absorption. Monthly sales have ranged from 1 to 7 homes over the past year.

Firefly Community Profile

  • 350+ acres of parks, trails, and outdoor amenities
  • 89% of recorded homes built in 2020 or later
  • Median home size: 3,067 sq ft
  • Candlelight Homes primary builder
  • New preliminary plat: 409 additional lots in NPA 8

Eagle Mountain Context

  • 116 development projects in the pipeline
  • Overland (Ivory Homes): 3,000+ planned units
  • Oquirrh Mountain Ranch (Oakwood Homes): Now selling from low $500Ks
  • Mountain View Corridor connection improving commuter access
  • City Center commercial district expanding

Eagle Mountain's Value Proposition

Eagle Mountain remains the most affordable entry point for new construction on the western Wasatch Front. With Firefly's median home size above 3,000 sq ft and pricing that competes favorably with smaller homes closer to the urban core, buyers get significant square footage for their dollar. The 116 development projects in the pipeline and the improving Mountain View Corridor connection are gradually closing the commute gap to employment centers in both Salt Lake and Utah Counties. For buyers who value space, newer construction, and mountain views over proximity, Eagle Mountain's Firefly and surrounding communities offer compelling value.

Builder Comparison & Incentive Guide: Late August / Early September 2026

As we enter the Labor Day weekend and the final stretch of summer, builder incentives remain aggressive across the Wasatch Front. The combination of elevated inventory, new community openings, and the seasonal transition to fall is creating a favorable window for buyers. Here is our late August 2026 comparison of the major builders active along the Wasatch Front.

Builder Key Communities Price Range Current Incentives
Ivory Homes Terraine, Hidden Oaks, Overland, Cascade Village, Holbrook Farms $395K -- $755K+ Multiple Communities -- End-of-Summer Incentives
Tri Pointe Homes Terraine (West Jordan), The Pavilions at Holladay Hills $450K -- $700K+ Wellness Concept Models Open
Rainey Homes Terraine (West Jordan), Daybreak Lot premiums vary 3.990% Rate -- Expires Aug 31
Wright Homes Multiple Wasatch Front $400K -- $700K+ Up to 3% Closing + Free Basements
Lennar Wildflower, Wander $445K -- $560K 2-1 Buydown Available -- Everything's Included
Pulte Homes Wasatch Landing (Utah County) Mid $500K+ New Models -- Canyonlands Floor Plan
David Weekley Terraine (West Jordan), Beacon Pointe (Saratoga Springs) $550K -- $852K Premium Customization Options
Richmond American Olympia, West Jordan, Riverton, Herriman $438K -- $655K Creek Ridge Cove Coming Soon -- 7 Models Open
Oakwood Homes Wander, Oquirrh Mountain Ranch, SpringHouse Village $365K -- $600K+ New Community Pricing -- Wander Village 3 Building
D.R. Horton Inverness (Lehi), Olympia, Cold Spring Ranch $517K -- $1.7M+ Final Phase Inverness -- Active Promotions
Toll Brothers Wildflower, Inverness, Lakeview Estates, Mapleton $829K -- $1.5M+ Luxury Estates -- Premium Pricing
EDGEhomes Olympia, Wildflower 2.0, Ridgehorne $440K -- $723K Quick Move-In Promotions
Symphony Homes Lehi Terrace $500K -- $700K $20K Wet Bar Promotion (Expired July 31)
Perry Homes Multiple Utah County $400K -- $600K+ $21K Toward Rate Buydown or Closing Costs
Candlelight Homes Firefly (Eagle Mountain) $400K -- $600K New Phase Pricing -- 409 Lots Coming
Alpine Homes North Lake Meadows (Saratoga Springs), Mardam Ranch (Herriman) $700K -- $1M+ Boutique Communities -- Limited Availability

Labor Day Weekend Strategy: The End-of-Summer Window

The Labor Day weekend historically represents one of the strongest buying opportunities of the year for new construction. Builders are motivated to close summer sales targets, and several time-sensitive promotions are converging this week. Rainey Homes' 3.990% first-year rate expires August 31. Perry Homes' $21,000 rate buydown or closing cost credit is available on standing inventory. Wright Homes' free finished basement plus closing cost credit package can exceed $80,000 in value on qualifying homes. The Utah First-Time Homebuyer Assistance Program (up to $20,000 for qualifying buyers on homes under $450,000) continues to stack with builder incentives. If you have been watching a specific community, this week and next represent the best window before builders reset pricing for the fall season. Let us know if you want to tour any of the communities covered in this update -- we can help you compare builders, evaluate incentives, and negotiate terms.

Community Quick-Reference: Late August / Early September 2026

A snapshot of every major new construction community across the Wasatch Front heading into the Labor Day weekend 2026:

Community City Price Range Status
Terraine West Jordan $395K -- $852K+ 2,800 Homes -- Full Vertical Construction
Olympus at Daybreak South Jordan New Village -- TBD Models Open -- Phase 1 Pricing
Downtown Daybreak Ph2 South Jordan 31 townhomes Framing Underway
Cascade Village South Jordan $410K -- $580K Closings -- 7 Builders Active
The Pennant South Jordan 190 luxury units Pre-Leasing -- Fall Delivery
Olympia Herriman $438K -- $655K 4th Subdivision Planning
Panorama Herriman 555+ acres, 1,717 units Master Plan Approved -- Pre-Construction
Hidden Oaks Herriman From ~$550K 6K-11K sq ft Lots -- Active
Mardam Ranch Herriman From $800K+ Phase 2 Nearly Sold Out
Wildflower Saratoga Springs $445K -- $1.5M+ Village 9 Approved -- Multi-Builder
Wander Saratoga Springs $365K -- $600K+ Village 3 Amendment -- Building
Ridgehorne Saratoga Springs $528K -- $723K EDGEhomes -- 237 Homes
North Lake Meadows Saratoga Springs From $700K+ Alpine Homes -- 21 Lots
Inverness Lehi $517K -- $1.55M+ Final Plat D -- Active
Holbrook Farms Lehi $450K -- $1M+ Phase 12 Proposed
Lehi Terrace Lehi $500K -- $700K Symphony Homes -- Active Selling
Innovation Park Lehi Affordable workforce First Closings -- Essential Workers
Firefly Eagle Mountain $400K -- $600K NPA 8 Plat -- 409 More Lots
Overland Eagle Mountain $430K -- $600K+ Ivory Homes -- 3,000+ Planned Units
The Point Draper 600 acres, $2.3B River District RFQ -- 800+ Homes

Strategic Tips for New Construction Buyers: Labor Day 2026 Edition

1

Labor Day Weekend Is Prime Negotiation Time

Builders are motivated to close August and early September sales before the fall market slowdown. Many have end-of-summer sales targets to hit, and standing inventory homes (those already built without a buyer) often come with the deepest incentives. This weekend is historically one of the best times to negotiate on price, rate buydowns, closing costs, and design center upgrades. If you are serious about buying new construction, this is the week to make an offer.

2

Tour New Communities for Best Pricing

Olympus at Daybreak just opened its model homes -- new village openings consistently offer the best pricing and widest lot selection. Terraine is still in its early buildout phases. Firefly's NPA 8 plat for 409 new lots means more inventory coming at competitive prices. Being an early buyer in a new phase can save tens of thousands compared to buying in the same community two phases later.

3

Consider Total Cost of Ownership, Not Just Base Price

Differences in HOA fees, property taxes, community facility district (CFD) assessments, and design center costs can significantly impact your monthly payment. A community with a lower base price but higher ongoing fees may cost more over five years than one with a higher base price and lower fees. We can run a total cost comparison for any communities you are considering.

4

Stack State Assistance with Builder Incentives

The Utah First-Time Homebuyer Assistance Program provides up to $20,000 in a payment- and interest-free loan for down payment, closing costs, or a permanent rate buydown on homes under $450,000. Stacked with builder incentives like Perry Homes' $21,000 rate buydown credit or Wright Homes' 3% closing cost credit, qualifying buyers can potentially close with minimal out-of-pocket cash. We can help you structure the combination that maximizes your savings.

5

Bring Your Agent on Every Builder Visit

Builder sales centers almost universally require that your agent accompany you on your first visit for you to be eligible for representation in negotiations. If you tour a model home or register with the builder on your own, then try to bring an agent later, the builder may refuse to negotiate with your agent or may exclude your agent's commission from the transaction. Call or text us before you set foot in any builder's sales center, and we will coordinate with the sales team to ensure you are protected from day one.

Ready to Explore New Construction This Labor Day Weekend?

Adam and Natalie Stark have guided countless clients through the new construction process across every major community in Salt Lake and Utah Counties. Whether you are interested in The Point's River District opportunity, Olympus at Daybreak's model grand opening, Terraine's accelerating buildout, Saratoga Springs' Wildflower and Wander communities, or any of the communities covered in this update, we can help you compare builders, negotiate incentives, and find the right home for your family. Adam holds a New Home Construction certification and brings a finance background to evaluating builder contracts and design center selections.

Disclaimer: Information in this article is based on publicly available data as of August 24, 2026, including builder websites, city planning documents, news reports, and MLS data. Pricing, availability, and incentive programs are subject to change without notice. Verify all details directly with builders and consult with a licensed real estate professional before making purchasing decisions. Adam Stark, Associate Broker AB-8047588-AB00 and Natalie Stark, Sales Associate SA-7369177-SA00, Summit Sotheby's International Realty, 13693 S 200 W, Suite 100, Draper, UT 84020.

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