The EngineHouse project in Park City celebrated its official opening with a ribbon-cutting ceremony on Friday. Project manager Tim Saxton confirmed that the final approvals were secured just in time for the event, which marked a significant milestone for the city. The $40 million development, which only exceeded its budget by $34,000, is touted as the largest affordable housing initiative in Park City's history. Located in Bonanza Park, adjacent to the Boneyard and the Kimball Art Center, EngineHouse represents the first public-private partnership on city-owned land. Former Mayor Dana Williams, who had previously expressed concerns about the building's exterior, acknowledged the quality of the interior during the event. The project features various amenities, including a yoga room, fitness center, children's playground, and a rooftop clubhouse offering scenic views. Additionally, there is ample bike storage and underground parking. Owen Fisher, CEO of J. Fisher Companies, spoke about his family's long-standing history in the region, dating back to the mid-1800s. He emphasized the importance of the EngineHouse project in ensuring that working-class individuals can afford to live in Park City. Mayor Nann Worel highlighted the project’s alignment with the community's values, particularly in making housing accessible for local employees. The EngineHouse comprises 99 affordable apartments, with an additional 24 units available at market rates. The income limits for potential tenants are set according to the area median income, accommodating various household sizes. Monthly rent ranges from $1,793 to $4,300. There has already been substantial interest, with over 600 individuals expressing a desire to rent in the building. Worel noted that the success of the EngineHouse reflects the community's commitment to affordable housing and that future projects will continue to build on this momentum. The partnership between the city and J. Fisher Companies demonstrates the collaborative efforts necessary to address housing challenges in the area. For more information, visit the EngineHouse website.