Despite positive absorption and dipping vacancy rates, there’s still an eerie quiet among office developers in the Salt Lake City region. Not so long ago, three developers Downtown had luxury office towers in their site plans. Two of those projects are dead, while the...
Office
Shadow lobbying, an AI paper and a willing Senator. The story behind the bill that took SLC’s streets away
This story has been made free for all readers. If you would like to help support BSL's independent journalism, please consider becoming a paid subscriber. The bill that took away Salt Lake City’s ability to control many of its own streets stemmed from shadowy...
The housing authority inks rent-to-own deal for the historic Oquirrh School
The historic Oquirrh School on 400 East in the Central City neighborhood has a new tenant — and a likely buyer. The Housing Authority of Salt Lake City (HASLC) recently signed a lease to occupy the whole building starting in October, according to Daniel...
Salt Lake City’s boundaries could soon get bigger — and make way for industrial development
Development could soon be underway along the northern rim of Salt Lake County — if the Salt Lake City Council approves an ordinance to annex land into the city. City officials are inching closer toward a vote on the Northpoint annexation plan, which would add over...
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...
New York firm acquires Sandy-based Bridge Investment Group
A New York asset management firm is buying a local investment group that played a large part in financing and creating local development projects like the Post District, and is among the largest owners of multifamily buildings in the country. Apollo Global Management...
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...
REGISTER NOW: BSL Events to host Missing Middle Housing discussion and tour
Fresh off a successful kickoff event, Building Salt Lake is preparing to host an informational session and tour that's focused on a bygone and misunderstood type of housing known as Missing Middle Housing. Our Missing Middle Housing Discussion and Tour will focus on...
In pictures: Salt Lake City’s Downtown is quickly moving south
Three buildings and a handful more proposals promise to dramatically shift the city’s urban footprint south, across several car-centric state roads and out of the Central Business District.
10 years of data for new office builds puts Salt Lake City metro among high achievers nationwide
Silicon Slopes’ national reputation continues to shine thanks to numbers released for office growth in the 10-year period from 2008-18. Commercial Café, using Yardi Matrix data, compiled 10 years of numbers for new office construction counting projects 25,000 SF or...










