Cole West Taps into Utah's Boom with New Syracuse Community

SYRACUSE, UT – April 20, 2026 – Utah-based developer Cole West has announced its latest expansion into the booming Northern Utah housing market with the acquisition of 38 homesites for a new community named Lone Tree. The development, located in the rapidly growing city of Syracuse, marks a significant move to meet the region's escalating demand for high-quality, single-family homes.

Development is scheduled to begin this summer, with home sales anticipated to launch in early 2027. The homes are expected to feature prices starting in the $700,000s, targeting a segment of the market seeking premium craftsmanship and larger living spaces. The project signals Cole West's confidence in the continued economic strength and desirability of Davis County.

“This is a great opportunity in Northern Utah to expand Cole West’s presence and advance our continued growth as Utah’s premier homebuilder,” said Chris Winter, Cole West President of Homebuilding, in a statement. “Lone Tree is our second new home community in the growing city of Syracuse, popular with homebuyers looking for a unique, high-quality lifestyle, and top rated schools.”

Riding a Wave of Regional Growth

The Lone Tree development arrives as Syracuse and the broader Davis County area experience a period of intense demographic and economic expansion. Syracuse's population, which stood at just over 32,000 in 2020, is projected to exceed 42,000 by 2026, reflecting an aggressive annual growth rate of over 4%. This influx of new residents has placed significant pressure on the local housing supply.

This demand is reflected in home values. The median home price in Syracuse has climbed to nearly $600,000 in early 2026, a year-over-year increase of over 10% according to some market analyses. While the market has shown some signs of balancing, with homes spending a median of 30 to 60 days on the market, the high homeownership rate of nearly 90% underscores the city's appeal to long-term residents.

The economic engine driving much of this growth is Hill Air Force Base, a major regional employer providing over 25,000 jobs and contributing nearly $9 billion to the local economy. The county also boasts a diverse job market in financial services, software, and manufacturing, with projected job growth over the next decade forecast at a robust 41%. This strong employment landscape makes communities like Syracuse prime destinations for professionals and their families.

A Community Rooted in Heritage and Lifestyle

Cole West is positioning Lone Tree not just as a housing development, but as a thoughtfully designed community that honors local character. The name itself is a nod to one of the city's oldest known trees, a historically significant landmark that will be preserved and highlighted within a landscaped common area at the heart of the community.

“Lone tree will provide thoughtfully designed homes built with lasting craftsmanship and enduring quality,” Winter stated. The 38 single-family homes will offer six new floorplans, ranging from 3,500 to 5,000 finished square feet. These residences will include options for three to four bedrooms, multiple bathrooms, and two- or three-car garages, catering to families seeking space and modern amenities.

The development's location at 963 S. 2000 W. places it near key local attractions, including the Syracuse Utah Temple and Glen Eagle Golf Course. Its proximity to the West Davis Corridor also makes it a gateway to Antelope Island State Park and provides residents with year-round access to Northern Utah’s renowned mountain resorts for skiing, hiking, and other outdoor activities.

“Syracuse offers a rare balance of scenic beauty, a family-oriented atmosphere, and everyday livability, making it an ideal place for those seeking community connection and high quality of life,” Winter added.

Balancing Expansion with Infrastructure and Affordability

With homes starting in the $700,000s, the Lone Tree community is aimed at the upper end of the Syracuse market, where the median home value hovers just below $600,000. This pricing reflects the premium features and larger scale of the homes, but it also raises questions about housing affordability in a region where rapid price appreciation has become a central concern for many residents.

As developers like Cole West build to meet demand, the city of Syracuse has been proactive in scaling its infrastructure. To address the needs of its growing population, the city recently dedicated Fire Station 32 in June 2025. This second station is strategically located to improve emergency response times in the southeastern part of the city, where much of the new growth, including Lone Tree, is concentrated. City officials noted a 25% increase in emergency calls over the past four years, a clear indicator of the strain that rapid development can place on public services. The new station, along with transportation improvements like the West Davis Highway, are critical components of managing this expansion.

Cole West's Expanding Footprint

Lone Tree is part of a broader strategy by Cole West to solidify its position across Utah. The company, which recently consolidated its various divisions under a single brand, is also developing SaltRock, a larger 113-home community in Syracuse. Its portfolio extends across the state, from luxury rental homes in Southern Utah to a massive 1,260-home master-planned community named Echo in Tooele County, a $600 million project launched in late 2025.

This consistent expansion underscores a long-term vision focused on creating integrated communities. The Lone Tree transaction involved key local partners, including the Davis School District, which sold the land, and Brandon Wood of Northwood Group, who served as the broker. Furthermore, Cole West's coordination with the City of Syracuse on entitlements was instrumental in dedicating an adjacent parcel for a future fire station, demonstrating a collaborative approach to community planning that integrates new housing with essential public services.