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Salt Lake City


Second Hyatt Opens at Cottonwood Corporate Center; Cornerstone Puts Hotel Monaco on the Block

Second Hyatt Opens at Cottonwood Corporate Center; Cornerstone Puts Hotel Monaco on the Block

The Cottonwood Corporate Center has received its second Hyatt-operated hotel facility after the company recently debuted its Hyatt Place Salt Lake City/Cottonwood. Sequoia Development is the company responsible for the venue The city’s position in an improving banking environment and a rising tech sector, as well as its proximity to…

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Investing in Utah’s Historic Sites Pays Big Dividends, Study Contends

Investing in Utah’s Historic Sites Pays Big Dividends, Study Contends

Utah’s job market has seen major improvement during the past years but there is a particular sector that has captured the attention of investors across the U.S. A new study regarding the manner in which the state has used its resources to invest in the preservation of historic buildings and…

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Kennedy Wilson Buys East Valley M-F Complex for $61.8 Million

Kennedy Wilson Buys East Valley M-F Complex for $61.8 Million

A Salt Lake City apartment community was recently acquired by an international real estate investment and services firm. Kennedy Wilson has paid a fee of around $61.8 million for the Foothill Place Apartments complex and has secured a financing deal with Berkeley Point Capital LLC in order to complete the…

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SLC to Build Broadway-scale Performing Arts Venue after City Council Approves $18 Million Boost

SLC to Build Broadway-scale Performing Arts Venue after City Council Approves $18 Million Boost

By Alex Girda, Associate Editor A $100 million dollar feature is edging closer and closer to Salt Lake City’s downtown. Mayor Ralph Becker’s pet project of late was a massive performing arts center that had only recently made it into the voting process and reports by The Salt Lake Tribune had…

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TRAX Extension Receives $116 Million from the Federal Transit Authority

TRAX Extension Receives $116 Million from the Federal Transit Authority

By Alex Girda, Associate Editor The Federal Transit Administration has agreed to grant $116 million to a Salt Lake City transportation project. The local community will benefit from a TRAX extension from Sandy to Draper, a project that according to federal official Peter Rogoff will provide “reliable and desirable transit” to…

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Plans for Convention Center-Area Hotels, Airport Renovation Advance

Plans for Convention Center-Area Hotels, Airport Renovation Advance

Set to be developed on a 3.26-acre site at the southwest corner of West 100 South and South 300 West, located in the immediate vicinity of the Energy Solutions Arena. Apart from the 19,000-seat sports arena, the development will also be near the Salt Lake Palace Convention Center and the…

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Microsoft, Nordstrom Raise Local Profiles With New Stores

Microsoft, Nordstrom Raise Local Profiles With New Stores

By Alex Girda, Associate Editor Greater Salt Lake City is in for two very different bits of retail news as tech giant Microsoft has just opened its new location in the City Creek development while Nordstrom has recently announced its plan to open a new Nordstrom Rack location in Farmington.…

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Summer Kickoff Eyed for Geneva Steel Site Redevelopment

Summer Kickoff Eyed for Geneva Steel Site Redevelopment

One of Utah’s most exciting ongoing projects is the one that is about to take shape at the site of the former Geneva Steel site in Vineyard, Utah County. Developer Anderson Geneva has had a number of different ideas for the 100-acre site, the first of which was to build…

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Megahotel Plans Pick Up Steam From State Funding Sources

Megahotel Plans Pick Up Steam From State Funding Sources

Salt Lake City’s entrepreneurs and local officials have spotted the need for a convention center and larfe new hospitality property in recent years, a development that would further the convention and meeting space culture in the area. Mostly referred to as the “megahotel project”, the initiative has been gaining traction…

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Marriott’s Courtyard Salt Lake City Airport Wraps Makeover Aimed at Business Travelers

Marriott’s Courtyard Salt Lake City Airport Wraps Makeover Aimed at Business Travelers

Located at 4843 Douglas Corrigan Way, the 154-key Courtyard Salt Lake City Airport now features the brand’s established Refreshing Business lobby concept, as well as a brand new design for its suites. RLJ Lodging Trust has introduced a number of modern amenities in the package made available to the hotel’s…

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Embassy Suites Opening Marks Latest Milestone for $500M Fairbourne Station Makeover

Embassy Suites Opening Marks Latest Milestone for $500M Fairbourne Station Makeover

Created and held under the wing of Hilton, the Embassy Suites brand is rapidly gaining popularity with its pre-opening recording the first “sold-out” moment during the time of the locally held Outdoor Retailers conference. The hotel’s guest amenity package features a fitness center, an indoor pool, laundry facilities accessible by…

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City Creek Adds to Accolades With IPA Award for Top U.S. Retail Project

City Creek Adds to Accolades With IPA Award for Top U.S. Retail Project

Developed by City Creek Reserve, Inc. and owned by Taubman, the Michigan-based retail property owner and management company, City Creek Center received the accolade destined for the Americas. The massive retail project also placed in the top three for “World’s Best Retail Development” competing with thousands of entries from around…

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