Panelists discussing capital markets during the Urban Land Institute Utah’s Annual Trends Conference. From left to right, Scott Glassberg, Phil Brierley, Keith Padien, Alexandra Schultz, Kyle Seminara, Jeff Grasso. Photo by Kelli Freshman Photography The adage for real estate investors in recent years has been “stay alive until 2025” — though that saying needs some […] The post Forget ‘survive til ’25,’ Salt Lake City’s multifamily market faces a tough road appeared first on...| Building Salt Lake
Andy Moffitt, left, moderates a ULI Trends panel that included Chris Byers, right. Photo via Kelli Freshman Photography Mormon Wives, Swig, Crumbl — Utah’s exports have been making waves lately outside of the state. But the inverse is also happening, real estate professionals say, as they say more national brands are showing interest in coming […] The post As Utah exports dirty soda, retailers say national brands are eyeing expansion into Utah appeared first on Building Salt Lake.| Building Salt Lake
Parts of the Plaza Hotel in Downtown Salt Lake City could soon start to be torn down, as part of a larger effort to raze the entire hotel and make way for a surface parking lot near Temple Square that likely isn’t allowed by city ordinance. Last week, Salt Lake City received a demolition permit […] The post LDS Church moving forward with plan to demo Plaza Hotel for Downtown parking lot appeared first on Building Salt Lake.| Building Salt Lake
As state officials continue to search for ways to bring the cost of housing down, Utah’s governor recently floated one potential path for builders. During a forum in late October, Utah Gov. Spencer Cox discussed modular building techniques as a potential route, saying the state should be enabling mass-produced, factory built housing to reduce construction […] The post Could modular homebuilding help make new Utah homes more affordable? appeared first on Building Salt Lake.| Building Salt Lake
Salt Lake City’s apartment rental market has a new top-dollar unit — and it’s not particularly close to its competitors. Astra Tower, located at 89 E. 200 South, recently unveiled the price point of one of its 10 penthouses: $29,305 per month. While it’s an outlier in the building, the unit’s asking price blows past […] The post Astra Tower penthouse hits the market with record-shattering price appeared first on Building Salt Lake.| Building Salt Lake
As part of its planned overhaul of the former Smith’s Ballpark site, Salt Lake City is considering adding a brand new zone onto its recently overhauled mixed-use zones. More zoning reform could be on the horizon, too. The city is beginning its efforts to rezone the 14.8-acre site from Public Lands (PL) in order to […] The post SLC floats new MU-15 zone as part of Ballpark NEXT rezone proposal appeared first on Building Salt Lake.| Building Salt Lake
The Salt Lake Film Society has unveiled its plans to revitalize, expand and reopen the Tower Theatre in 9th & 9th, more than five years after the nonprofit group shuttered the cinema during the COVID-19 pandemic. A new application and design documents submitted to the city show the nonprofit group intends to add four new […] The post 5 years after closure, Salt Lake Film Society unveils plans for Tower Theatre appeared first on Building Salt Lake.| Building Salt Lake
Salt Lake City voters have made it clear — the majority of municipal voters want to keep the status quo of the City Council, as incumbents and a heavily endorsed newcomer either outright declared victory Tuesday or seem to be on their way to reelection. Tuesday’s voting results follow a general pro-development stance and a […] The post Salt Lake City’s development-friendly council appears poised to stay in power appeared first on Building Salt Lake.| Building Salt Lake
A key property on Foothill Boulevard hit the market this week ahead of another attempted rezone nearby that could bring the potential for more housing to one of the wealthiest areas in the Salt Lake Valley.| Building Salt Lake
The Planning Commission will discuss a proposal to upzone the old Sizzler property for a boutique hotel at Sugar House Park this week.| Building Salt Lake
There are three new scenarios that could replace the Ballpark at the center of the Ballpark neighborhood. Here's what officials signaled they liked best.| Building Salt Lake
Salt Lake City bought parcels of land near Smith's Ballpark last year, but plans for the future stadium redevelopment remain unfinished.| Building Salt Lake
Salt Lake City will tear down part of Smith’s Ballpark to build a neighborhood center, Mayor Erin Mendenhall announced.| Building Salt Lake
Despite the promises of civic investments from the city, developers are taking two different approaches to their inholdings in Ballpark.| Building Salt Lake
The proposal shows City Hall is serious about urbanizing the neighborhood. Even rooftop decks are allowed.| Building Salt Lake
Organizers hope for “a candid conversation about growth, housing, and the evolving identity of the Ballpark neighborhood"| Building Salt Lake
Salt Lake City’s director of transportation Jon Larsen is leaving his post, opting to join the Utah Transit Authority.| Building Salt Lake
The historic Clift Building recently underwent a facelift of its lobby and lounge areas after a change in ownership.| Building Salt Lake
A number of developments are integrating an architecturally-forgettable office ghetto south of 400 South into the increasingly-lively transit corridor to the north.| Building Salt Lake
Local developers want a rezone to build The Citizen 2, a multifamily complex, behind the existing Citizen apartment complex in Central City.| Building Salt Lake
The Utah Housing Corp has approved federal and state LIHTC funds to pay for affordable housing projects around Salt Lake City.| Building Salt Lake
Utah Housing Corporation created the Condominium Construction Loan Program, which will provide loans to developers to build for sale condos.| Building Salt Lake
To my surprise, Chicago was much more kid-friendly than Salt Lake City. But it wasn't without its downfalls. Here are some takeaways.| Building Salt Lake
Salt Lake City has unveiled its plans to overhaul Smith’s Ballpark and redevelop the site to include housing, a hotel and other local uses.| Building Salt Lake
Sugar House residents can anticipate changes to Fairmont Park, as Salt Lake City officials have released concepts for potential changes.| Building Salt Lake
Over a dozen for-sale townhomes could be built on Jefferson St. in the Central 9th neighborhood if approved by Salt Lake City officials.| Building Salt Lake
Eye-catching townhomes being pitched near Highland Drive in Millcreek| Building Salt Lake
Sign up to get free Building Salt Lake emails in your inbox. Building Salt Lake Pro and Premium Members can search for any building permit in Salt Lake City. Stay in the know in the market by becoming a Member today. A Salt Lake City developer that made a splash with a catalytic project in the Granary District is apparently facing significant issues, and […]| Building Salt Lake
