Development - Salt Lake City
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Utah Development Receives $36M in Financing
JLL arranged the construction loan for a 214-unit community in American Fork, Utah.
24 September 2019 01:15 -
Sun-Powered Utah Community Raises the Bar
When complete in 2020, Soleil Lofts will incorporate the largest solar-powered battery storage network at a multifamily property in the U.S.
29 August 2019 20:52 -
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
28 March 2019 14:03 -
$124M Salt Lake City Project Starts Construction
A joint venture between The Domain Cos. and Giv Development broke ground on The Exchange, a mixed-use development with 412 residential units and more than 14,000 square feet of retail space.
15 March 2019 13:10 -
Utah Townhome Community Receives $17M Construction Loan
Located in Ogden, with easy access to major employment centers, Moda Vista comprises 79 Class A townhomes. The developer anticipates to begin pre-leasing this fall.
29 January 2019 15:20 -
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