Sandy to buy land that was planned for Proscenium

Deseret News, 22 September 2009

plans for the Proscenium development have been scraped due to the developer's funding drying up
Sandy City plans to purchase the 5 acres from Scott McQuarrie for $5 million, then lease to a developer
the land appraised at $8.7 million in December 2008, but was revised to $5.5 million last month
the original Proscenium plans called for 40-story, 600-foot towers
new plans could still include a theater, apartments, condominiums, or commercial development