Midvale

Checking in on the office market: A passing storm or the new normal?

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...

County transportation sales tax to move forward

County transportation sales tax to move forward

Thanks to the Sandy and Draper city councils, Salt Lake City will soon have even more revenue to fund transit expansion and road repairs.  On Tuesday both councils joined councils representing Salt Lake City, Midvale, Millcreek, Murray, South Jordan, South Salt Lake...

Salt Lake City leads state in population growth

Salt Lake City leads state in population growth

For decades Utah's suburban communities have led the state's population growth but new population estimates from the U.S. Census Bureau show a shift toward urban living as Salt Lake City led the state in most new residents last year. According to estimates released...

Mayor selects former RDA employee to oversee agency

Mayor selects former RDA employee to oversee agency

After the last selection proved controversial, Salt Lake City Mayor Jackie Biskupski has decided to look more locally for the next Chief Operating Officer of the Redevelopment Agency of Salt Lake City (RDA). Today Mayor Biskupski announced the selection of Danny Walz...

Salt Lake City’s growth rate increasing

Salt Lake City’s growth rate increasing

The Salt Lake suburbs continue to grow at a faster rate than the capital city, but according to new census data, the gap is narrowing as last year the city's population grew at nearly twice the rate than in previous years. On Thursday the U.S. Census Bureau released...

Commercial office developers are still preferring the suburbs

Commercial office developers are still preferring the suburbs

The Salt Lake City urban area is in a historically unique position.  Like most cities in the country, Salt Lake's population began to drop after the completion of the interstate made suburban living more appealing. Utah's capital city is still the state's largest job...

Salt Lake rents continue their upward climb

Salt Lake rents continue their upward climb

Despite construction cranes and hundreds of new residential units added to the market in the past year, rents in Salt Lake City continue to climb.  According to a recent market report by Apartment List, an online rental marketplace, rents in Salt Lake City increased...

In Midvale the evolution of brownfields to commercial center

In Midvale the evolution of brownfields to commercial center

A decade ago, Midvale's burgeoning commercial park was a dead zone, a brownfield that for decades housed lead and copper smelters that not only exacerbated air quality but left toxins in the soil that would take years to clean up.  It took decades for the city to go...