Development - Salt Lake City

  • Work Begins on Partially Affordable SLC Community

    Millcreek Station will encompass 70 units. Of those, 56 will target households with incomes ranging from 25 to 50 percent of the area’s median income.

    16 November 2018 14:07
  • 287-Unit Project Breaks Ground in South Salt Lake City

    The development will replace four office buildings. Castlewood Development intends to finish work on the new multifamily project early 2020.

    16 November 2018 12:42
  • Luxury Senior Living Community Opens in Salt Lake City Area

    Buchanan Street Partners has completed the construction of Incline at Anthem, a 298-unit property restricted to adults 55 and over.

    14 November 2018 15:54
  • 211-Unit Affordable Community Opens in Utah

    Wasatch Premier Communities wrapped up construction on Arcadia Apartment Homes in Sandy. The Utah Housing Coalition provided part of the financing needed to complete the project.

    22 October 2018 14:30
  • Luxury Community Opens Doors in Salt Lake City

    Wright Development Group’s 213-unit property broke ground near the end of 2016, with Washington Federal providing more than $30 million in construction financing.

    22 October 2018 14:24
  • Salt Lake City to Get Affordable Mixed-Use Project

    Columbus Community Center is building a 200,000-square-foot property catering to people with disabilities. Dubbed The Hub of Opportunity, the development will also include commercial and office space.

    26 July 2018 11:27
  • CBC Brokers Sale of 3 Historic SLC Communities

    Multifamily investors continue to show interest and confidence in the area’s apartment market. Strong demand resulted in multiple offers for all three assets.

    08 November 2017 16:46
  • SALT Cooks Up Luxury Living

    The company has completed a $100 million community in downtown Salt Lake City. Greystar is managing the 493-unit property, which features a sports club, heated spas and a yoga and spin room.

    09 August 2017 13:08
  • JV to Develop $110M SLC Community

    Giv Group and Domain Properties will transform a two-acre parcel into The Exchange, a nine-story development that will include market-rate, affordable and micro units, as well as office and retail space.

    04 August 2017 14:37
  • Top 10 Markets for Supply Growth

    Decelerating rent growth and stagnant or falling occupancy rates suggest that developers can no longer expect the same returns experienced in recent years. As a result, development will likely slow down. According to Yardi Matrix data, these 10 markets are expected to see the greatest increases to supply this year.

    14 July 2017 15:35
  • SALT Launches $275M Mixed-Use Development

    Hardware District in Salt Lake City will comprise four buildings, 466 luxury units and 260,000 square feet of office space. The two residential properties are scheduled for completion in February and August of 2018.

    29 June 2017 15:12
  • RED Capital Closes $20M Loan for Senior Living Facility in Salt Lake City Area

    The company inked the deal on behalf of a local joint venture.

    09 September 2016 12:50
  • Utah PaperBox Site Ready To Become Mixed-Use Development

    ClearWater Homes and PEG Development are teaming up with VCBO Architecture on a new residential development in downtown Salt Lake City.

    25 January 2016 16:49
  • JF Capital Infuses Capital in Downtown Salt Lake City

    A Utah-based real estate investment management and development firm is ready to break ground on a new $28 million luxury apartment community in downtown Salt Lake City.

    20 August 2015 11:41
  • Utah Poised to Build on 2013′s $1.3B Commercial Investment

    2014 is shaping up to be an important year for Salt Lake City’s real estate market in terms of both residential and commercial sectors. However, it should be noted that 2013 was also a good year for the real estate market. According to the Salt Lake Tribune, the state has seen its best investment figures since before the economic downturn. Last year saw $1.3 billion be poured into the state’s commercial market. That same source writes that, should the amount of available properties have been higher, the figure would have also been considerably larger.

    17 January 2014 00:02