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New building for Thanksgiving Park

(The Enterprise) A portion of property taxes in the Lehi area will be deferred so that the monies can be invested in Thanksgiving Park, a 38-acre development owned by Thanksgiving Development. The completed development will contain five buildings totaling approximately 710,000 square feet of commercial and 30,000 square feet of retail. A hotel is also in the preliminary plans. A Class A office building is already complete and measures 140,000 square feet. The building houses Vucci, Agel, Sorenson Capital, Propay and Private Capital Group. Microsoft will soon be a tenant in the LEED Silver certified building. Andrew Bybee, project manager of Thanksgiving Development, says the second building will not be built until the economy stabilizes.