While Q4 numbers won’t be known for several months, Industrial/Logistics activity in Q3 2024 underperformed in Salt Lake County, and Q4 might close out a bleak year. Strong numbers for deliveries since 2021 have predictably pushed up vacancy and availability...
A project that would add a handful of townhomes at 886 E. 7800 South in Sandy is moving forward. On Tuesday, the Sandy City Council voted 4-3 to approve the rezone of two parcels totaling .91 acres from single-family subdivision (R-1-8) to residential...
Since our last update in April, Millcreek's new city center has continued to take shape throughout 2024. Here are some recent photos from the street and the sky. The Richmond Apartments – 1280 E. Villa Vista Ave Cottonwood Residential’s Richmond, located at 1280 E....
The owner of an apartment complex in Murray has filed a lawsuit seeking to block a new development next door, leaning heavily on purported concerns about increased traffic as the basis to have the court block the new housing. Hunters Woods SPE, owner of the Hunters...
In November 2023, a housing policy legislative audit prepared for the Utah State Legislature delivered a sobering reality: Utah must build nearly 28,000 homes annually just to meet current demand. Worse yet, the audit warned that if the state’s housing policy...
The state land authority overseeing development on the former state prison site in suburban Draper has named a new Executive Director, locking in its transition out of the planning stage and into construction. Mike Ambre, a 24-year veteran in the state’s Department of...
Sitting on the northeast corner of 3900 South and West Temple is Harmony3900 and a “For Lease” sign. The sign directs to a number for WPI, a brokerage with no website and that has marketed the available ground floor retail on Crexi as up to 2,274 square feet with the...
Garbett Homes' latest project, Axis, is bringing for-sale townhomes to Millcreek. Similar to their townhomes in Salt Lake City's Marmalade district, this project is classified as Zero-Energy-Ready, a Department of Energy classification that requires meeting standards...
DRAPER - The future of the Point of the Mountain development took flight last week as the Point of the Mountain State Land Authority Board met to discuss advancements in the project. Two agenda items, centered around transportation, highlight a persistent theme:...
Building Salt Lake is the leading source of commercial real estate news in Utah. Sign up to get our free emails in your inbox. Get access to the site’s paid features by becoming a Member today. StubHub has informed employees that it will close its office in the...
Building Salt Lake is the leading source of commercial real estate news in Utah. Sign up to get our free emails in your inbox. Get access to the site’s paid features by becoming a Member today. A developer known for quickly building infill housing around Salt Lake...
Building Salt Lake is the leading source of commercial real estate news in Utah. Sign up to get our free emails in your inbox. Get access to the site’s paid features by becoming a Member today. COTTONWOOD HEIGHTS — Developers want to turn the site...