MILITARY INSTALLATION DEVELOPMENT AUTHORITY

What MILITARY INSTALLATION DEVELOPMENT AUTHORITY does

Military Installation Development Authority (MIDA) is a State of Utah governmental authority created in 2007 and headquartered in Kaysville, Utah, with 12 employees. Its statutory function under Utah Code Section 63D-2-103 is to facilitate economic development around Utah's military installations by leveraging underutilized federal property through Enhanced Use Leases (EULs), public-private partnerships (PPPs), tax increment financing, and bond issuance. MIDA does not sell a product in the commercial sense; instead, it channels private capital into military and adjacent real estate development and reinvests a portion of proceeds (often via Payment-in-Kind, or PIK) back into base infrastructure.

MIDA operates eight distinct project areas: Falcon Hill Aerospace Research Park (a 550-acre EUL at Hill Air Force Base, the largest Air Force EUL in the country, with 1.3M SF completed and ~6,000 active jobs at 20% buildout), the Military Recreation Facility at Deer Valley East Village (6,800 acres in Wasatch County with Extell as master developer, ~$3.2B projected capital investment, and a Grand Hyatt Deer Valley MWR hotel with 100 dedicated military rooms), the Mountain Veterans Program at Sundance Mountain Resort, the Utah National Guard Project Area (27 Guard-controlled properties), the Utah Data Center Project Area (235 acres at Camp Williams), the Tooele Army Depot Project Area, Dugway Proving Ground, and the newly adopted Stratos Project Area (40,000 acres in Box Elder County for energy and hyperscale data infrastructure with Kevin O'Leary as lead investor). Each project area is governed by an adopted project area plan and, where needed, backed by a wholly-owned Public Infrastructure District (PID) subsidiary.

MIDA's revenue mechanics differ from a typical company: it issues tax-exempt revenue bonds (e.g., ~$250M of 2021 TAR bonds), captures tax increment from designated project areas, accepts developer in-kind payments (PIK), and funds public infrastructure through subsidiary PIDs and interlocal cooperation agreements with counties. Its customer base is exclusively governmental and quasi-governmental (Hill AFB, Utah National Guard, Tooele Army Depot, Camp Williams) and a small set of enterprise co-developers (SRDP/Hunt/Woodbury, Extell, Lunar Resources, Sundance). The authority is governed by a board chaired by the Utah Senate President and has no parent company or private equity ownership.

Name

MILITARY INSTALLATION DEVELOPMENT AUTHORITY

Legal name

Military Installation Development Authority

Website

https://midaut.org

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

MIDA is a State of Utah authority created in 2007 that leverages Enhanced Use Leases and public-private partnerships to generate private investment for military installation modernization and economic development across Utah. It manages eight project areas spanning Hill Air Force Base, Camp Williams, Deer Valley, and Box Elder County, serving the Department of Defense, Utah National Guard, and allied developers.

Ownership category

akta.pro rank

Product category

Military Installation Economic Development

NAICS

Executive, Legislative, and Other General Government Support (921)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Public Property & Asset Management (Federal Buildings, Fleet, Land) (BPAIAAAJ)

Keywords

• Military installation development
• Enhanced use leases
• Public-private partnerships
• Military economic development
• Military recreation facilities

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Distribution channels1 record

Marketing channels5 records

Core offering

MIDA is a State of Utah government authority that facilitates economic development around military installations through Enhanced Use Leases (EULs), public-private partnerships, tax increment financing, and municipal bond issuance. It manages eight project areas covering commercial aerospace research parks, military recreation facilities, veteran support programs, data center infrastructure, and energy generation developments.

Product overview

MIDA operates as a state-created public entity offering a portfolio of military installation development project areas rather than a unified software product. The portfolio includes eight distinct project areas: Falcon Hill Aerospace Research Park (commercial development at Hill AFB), Military Recreation Facility (resort development with Grand Hyatt Deer Valley featuring 100 military MWR rooms), Mountain Veterans Program (veteran healing programs at Sundance with dedicated inn), Utah National Guard Project Area (27 Guard properties modernization), Utah Data Center Project Area, Tooele Army Depot Project Area, and Stratos Project Area (energy and data infrastructure in Box Elder County). Each project area functions as a separate development zone facilitating public-private partnerships to strengthen military readiness, create economic growth, and support Utah's military community.

Differentiator

Problem solved

Functional benefit

Products and services

• Falcon Hill Project Area A 550-acre enhanced use lease at Hill Air Force Base in Davis and Weber County, featuring the Falcon Hill Aerospace Research Park developed by Sunset Ridge Development Partners (joint venture of Hunt Companies and Woodbury Corp), supporting private commercial development on federal land to strengthen military readiness.
• Military Recreation Facility (MRF) Project Area A 6,800-acre resort development project in Wasatch County near Jordanelle Reservoir, developed in partnership with Extell Development, featuring Deer Valley East Village expansion, ski infrastructure, and multiple resort amenities supporting military recreation.
• Mountain Veterans Program (MVP) Project Area A program area at Sundance Mountain Resort supporting wounded and injured veterans through the Mountain Veterans Program nonprofit, providing cost-free immersive experiences including adaptive recreation, wellness, and community building.
• Utah National Guard Project Area A project area encompassing 27 Utah National Guard properties, primarily at Camp Williams, focused on modernizing training facilities, utilities, and infrastructure to enhance readiness and operational capacity for over 7,800 Guard members.
• Utah Data Center Project Area A project area at Camp Williams covering 235 acres, facilitating development of offsite improvements supporting data center operations and creating employment opportunities.
• Tooele Army Depot Project Area A project area supporting modernization of aging infrastructure at the U.S. Army's Tooele Army Depot, which provides storage, maintenance, and munitions demilitarization capabilities for national defense.
• Stratos Project Area A 40,000-acre development in western Box Elder County focused on large-scale energy generation and advanced data infrastructure to support national security, featuring hyperscale data centers and direct access to Ruby Pipeline.
• Dugway Proving Ground Project Area A project area supporting Dugway Proving Ground, a U.S. Army installation, facilitating economic development and infrastructure improvements in the surrounding area.
• Grand Hyatt Deer Valley MWR Hotel A 642,000-square-foot conference hotel featuring 387 rooms and suites, 55 private residences, over 60,000 square feet of conference space, with 100 rooms at discounted rates for active duty and retired military personnel and dedicated military concierge services.
• Sundance Inn / Mountain Veterans Program Accommodation A 63-room ADA-accessible inn at Sundance Mountain Resort serving the Mountain Veterans Program nonprofit, providing accommodations for wounded veterans and their families participating in healing and recreational mountain experiences.

Quantifiable outcome

• Falcon Hill EUL has generated approximately $49 million in PIK value to fund Building 1573 replacement facility
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core, major and key.

• Falcon Hill Aerospace Research Park (Sunset Ridge Development Partners)coreStrategic or Co-development Partner · 12 September 2024SRDP is a joint venture between Hunt Companies and Woodbury Corp developing 550 acres at Hill Air Force Base through the largest Air Force Enhanced Use Lease (EUL). The partnership has generated 1.3M SF of completed construction (100% leased), a 114-room hotel, and supports 6,000 active jobs with significant ongoing development including Building 1573 replacement facility.
• EX Utah Development LLC (Extell)coreStrategic or Co-development PartnerExtell is the master developer for the Military Recreation Facility (Deer Valley East Village) on 6,800 acres in Wasatch County. The partnership includes development of Grand Hyatt Deer Valley with 100 dedicated MWR rooms for military, multiple hotel properties, residential developments, and ski infrastructure. Extell has invested over $3.2 billion in projected capital investment.
• Utah State Armory BoardcoreStrategic or Co-development PartnerMIDA partners with the Utah State Armory Board for ground lease agreements at Camp Williams supporting Utah National Guard facilities and commercial development including the Utah Data Center (235 acres) and the Lunar Resources aerospace manufacturing facility.
• Lunar Resources, Inc.coreStrategic or Co-development PartnerLunar Resources is developing a HELIX-1 manufacturing facility on 17 acres at Camp Williams - a major aerospace and defense project. The project is projected to create 420 new jobs, generate more than $188 million in wages over 10 years, and bring nearly $85 million in capital investment. State tax revenue of nearly $48 million projected over 10 years.
• Sundance Mountain Resort / Mountain Veterans ProgramcoreStrategic or Co-development PartnerMIDA facilitates the Mountain Veterans Program (MVP), a 501(c)(3) nonprofit at Sundance Mountain Resort providing cost-free, immersive experiences for wounded and injured veterans. Sundance Inn (63-room, ADA-accessible) was built specifically to support MVP's mission. The program offers adaptive recreation, wellness, and community building activities for veterans.
• Utah Energy LLCmajorStrategic or Co-development PartnerUtah Energy is exploring potential energy projects including machinery manufacturing that could lead to a future nuclear fuel cycle facility at Camp Williams. MIDA has entered into ground sublease for up to 400 acres at Camp Williams for this project. The Governor's Office of Economic Opportunity approved a post-performance tax credit through the Economic Development Tax Increment Financing program.
• Box Elder CountycoreStrategic or Co-development PartnerBox Elder County approved the Stratos Project Area, a 40,000-acre development in west unincorporated Box Elder County focused on large-scale energy generation and advanced data infrastructure. MIDA and Box Elder County have an Interlocal Cooperation Agreement for this project.
• Wasatch CountycoreStrategic or Co-development PartnerWasatch County is a key partner for the Military Recreation Facility Project Area at Deer Valley East Village. MIDA has interlocal cooperation agreements with Wasatch County covering West Side and East Side development, including community housing units with priority for military veterans and new recreational facilities.
• Hunt CompaniescoreStrategic or Co-development PartnerHunt Companies is one half of the Sunset Ridge Development Partners (SRDP) joint venture developing Falcon Hill Aerospace Research Park. Hunt Companies brings real estate development expertise to the largest Air Force EUL in the country.
• Woodbury CorpcoreStrategic or Co-development PartnerWoodbury Corp is one half of the Sunset Ridge Development Partners (SRDP) joint venture developing Falcon Hill Aerospace Research Park. Taylor Woodbury represents SRDP in project updates and development activities.
• Jacobsen ConstructionkeyImplementation/ SI/ Consulting PartnerJacobsen Construction is the general contractor for the Grand Hyatt Deer Valley MWR conference hotel. Expected to complete construction in 30 months with hotel construction cost of about $390 million.
• SkyRidgecoreStrategic or Co-development PartnerSkyRidge is developing a resort community on the east side of the Military Recreation Facility Project Area with 469 premier single-family homesites, 670 acres with 50% preserved for open space, and resort-level amenities. SkyRidge Equestrian offers 50% off trail rides and lessons to service members.
• REEF CapitalcoreStrategic or Co-development PartnerREEF with Summit Sotheby's International Realty is developing residential projects including Marcella Estate (all 144 lots sold), Marcella Landing (townhomes), and Cormont (372 condominiums across five buildings) within the Military Recreation Facility Project Area.
• Tooele CitykeyStrategic or Co-development PartnerMIDA has an Interlocal Cooperation Agreement with Tooele City for the Utah National Guard Project Area, including critical water infrastructure for the site and city.
• Utah Department of Veterans & Military AffairscoreStrategic or Co-development PartnerLed by Gary Harter (retired Army Colonel and MIDA Board member), the department provides support for veteran programs including the Mountain Veterans Program and coordinates military quality of life initiatives across MIDA project areas.
• National Ability CenterkeyStrategic or Co-development PartnerThe National Ability Center provides participant referrals to the Mountain Veterans Program from Salt Lake City VA Medical Center, Walter Reed National Military Center, Brooke Army Medical Center, and Balboa Naval Medical Center, as well as direct connections to nearly 4,000 wounded veterans and their families.
• Deer Valley ResortcoreStrategic or Co-development PartnerDeer Valley Resort is undergoing the largest ski resort expansion in the industry's history through Deer Valley East Village, adding over 3,700 skiable acres, 100 new runs, and 10 new lifts. Partnership with MIDA and Hill Air Force Base enables the expansion.

Scale indicators12 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• Hunt Companies: A national real estate developer and MIDA's joint-venture partner at Falcon Hill through Sunset Ridge Development Partners. Hunt's military housing portfolio and large-scale federal-real-estate PPP work makes it the most directly comparable private-sector developer to MIDA's EUL-driven base redevelopment model.
• Lendlease (Military Housing): Operates privatized military family housing communities across multiple U.S. installations through DoD partnerships; comparable to MIDA in operating at the intersection of private capital and military installation infrastructure, though specializing in housing PPPs.
• Lincoln Military Housing: One of the largest private military housing operators in the U.S., managing privatized military family housing through DoD's Military Housing Privatization Initiative — comparable to MIDA in scope of military-community real-estate work, though focused on family housing rather than commercial redevelopment.

Direct peers

• Office of Local Defense Community Cooperation (OLDCC): The federal counterpart to MIDA within the U.S. Department of Defense, OLDCC funds and coordinates state and local responses to defense mission changes, base realignments, and military community economic adjustment — directly comparable mission, though operating at federal rather than state authority level.

Regional players

• Florida Defense Alliance: A Florida state-level public-private partnership organization focused on preserving and growing military installations, missions, and defense-related economic impact — directly comparable to MIDA's mission of military installation economic development, but operating in Florida rather than Utah.
• Texas Military Preparedness Commission: Texas's state-level body advising on military installation sustainability, mission preservation, and defense community economic development — a regional functional analogue to MIDA's mandate within a different state and with a different statutory toolkit.

Others

• Association of Defense Communities: The leading national membership organization representing defense communities and installation-sustainability stakeholders; comparable to MIDA as the convening ecosystem for state-level military economic development, though it is an advocacy and information body rather than a development authority.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/military-installation-development-authority

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about MILITARY INSTALLATION DEVELOPMENT AUTHORITY