Aaaaand...we JUST went under contract!
We're going to be a bit cagey with some of the specifics for now (so as to not jinx ourselves!), but we can vaguely tell you that it is an infill lot east of Liberty Park in Salt Lake City. Our contract period is a bit longer than most because we want plenty of time to take care of financing and to determine beyond any doubt that the lot is buildable. If all goes well, we will close on the lot in the second half of March. (Rest assured that when the time is right, you won't be able to shut us up on the details, though.)
We are quite, quite thrilled, more than a little scared, and in awe of the amount of work that this might take.