The Granary continues to attract attention from national developers, as Seattle’s Lake Union Partners will be expanding to the west of its Evo Granary Campus at 700 South and 400 West. A residential building at 450 W 700 S that will front the new 1000-stall parking...
Luke Garrott
Office numbers for Q1 are in–and Downtown Class A space continues to lead the market
The office apocalypse is fully upon us yet the sparks of a nascent phoenix may be popping. While overall vacancy continues to hover well above 20%, market demand for the last two quarters is giving indications of where future investment in the local SLC-Provo...
Office market’s new normal: The ‘flight to quality’ cemented as demand ticks up
Office market analysts seem to be getting their footing after the tectonic shift brought by the pandemic and advances in video conferencing technology. Recent trends seem to be turning into normal operating conditions. Five years on from the COVID shutdowns, workers...
City files upzone request for its 29 properties in the Rio Grande District
Seeking to catalyze a long-languishing redevelopment area in west Downtown, Salt Lake City’s Community Reinvestment Agency (formerly RDA) has officially started the zoning change process to dramatically increase the allowable height on the two blocks directly west of...
Wallace F. Bennett Federal Building to be sold
The U.S. General Services Administration has announced that the Federal Government’s administrative hub in Downtown Salt Lake City is surplus to requirements, and will be sold. The Wallace F. Bennett building, at 125 South State Street, occupies an important corner at...
Izzy North and South, for sale, hit with large subcontractor suit for unpaid work
Offers are due tomorrow for the Izzy North and South, a 133-unit, award-winning, market-rate pair of buildings in the Liberty Wells neighborhood that were completed in 2024. At 555 and 556 E 2100 S, the majority-studio project, “located in the heart of Salt Lake...
The Other Side Academy to build housing on former church parking lot, reuse meeting house
Already occupying the historic Armstrong Mansion at the northwest corner of 700 E and 100 S, local service provider The Other Side Academy held a groundbreaking ceremony last week for its expanded campus in the Central City neighborhood. The project will include an...
New townhomes in historic district near the U under construction
New construction in one of Salt Lake City’s mixed-use historic districts is about to get under way on a for-sale, four-unit project at 153 S 1300 E. Cole West (formerly CW Urban), a BSL advertiser, has secured permits and is beginning construction on TheROW, to be...
City Council skeptical of retrograde plans to expand parking garage in Central City
Representatives from America First Credit Union (AFCU) ran into a wall this week during a briefing at the Salt lake City Council, not unlike the concrete facade of the five-story parking garage it's proposing to build at 451 S. Denver St. (450 E.) in Central City. ...
Checking in on the office market: A passing storm or the new normal?
As the woes of the office market continue to populate CRE headlines nationwide, cut-rate building sales and 25% availability rates are raising fewer eyebrows these days. When we last reported on the Salt Lake City metro market’s performance a year ago, vacancy rates...
City preparing to sell parcel on Fleet Block, build mid-block streets
Salt Lake City’s old Fleet Block, in redevelopment limbo for well over a decade, may be finally beginning its transformation. In its first Budget Amendment of the year, the Salt Lake City Council is about to approve a request from the Department of Community and...
UDOT files eminent domain suit against LDS Church for 1800 N widening in Clinton
As a part of a $195 million project to widen State Road 37 and build an interchange at I-15 and 1800 N in Clinton, the Utah Department of Transportation (UDOT) has acquired nearly all the property it needs to widen the road and add a 12-foot multi-use path - over 100...












