At this point, reporting that rents in Salt Lake City continue climbing feels a bit repetitive. As has become the standard for the past four years, rents in Salt Lake City are still rising, but there are signs that rent growths could start to stabilize a bit as the...
State Street's revival is about to accelerate in a significant way. Developer and restaurateur, Sapa Investment, plan to build Food Alley, an eclectic mix of restaurants on the northeast corner of the 800 South and State Street intersection. “Not only is there a...
As of this week, Salt Lake City has one less big box department store. On Monday, Sear Holdings closed its downtown Sears Department store on the 700 South block of State Street. The closure means that 8.5 acres of prime downtown real estate just became available as...
With some notable exceptions (Microsoft), most large tech companies have largely operated in suburban communities. But as more and more workers opt for city life, tech companies are beginning to view urban environments like downtown Salt Lake City more favorably....
In the development community conversations about growth in 2018 tend to include a common theme, growing out-of-state interest in Salt Lake City. The increasing presence of out-of-state firms can already be felt in the city, with residential mixed-use projects like...
It has been a busy year for urban development in Salt Lake City and as the city grew in 2017, so has Building Salt Lake. In 2017, Building Salt Lake's audience has increased by nearly 30 percent. While the city grew by over 2,000 multifamily units during the same...
It is now up to the Salt Lake City Council to decide if more height is appropriate for the Convention Center neighborhood in downtown. On Wednesday the Salt Lake City Planning Commission voted to forward a favorable recommendation for a zoning text amendment that...
In one of its final actions with outgoing council members Stan Penfold and Lisa Adams, the Salt Lake City Council decided how to best spend $17.6 million set aside to address the city's affordable housing crisis. On Tuesday, the council acting as the board of...
After several months of debate, during Tuesday's work session the Salt Lake City Council decided that the affluent Avenues and East Bench neighborhoods should be exempt from a proposed citywide Accessory Dwelling Unit (ADU) ordinance. In exchange for reinstating the...
The developers of Providence Place and 600 Lofts want to add another work-force housing development to their downtown portfolio. Developers, Wasatch Residential Group, plan to build the Garden Lofts, a 272 residential unit development on the 100 West block of 600...
For decades many people in real estate development have referred to Utah's development community as a "good old boys club," but the traditional way of doing of business in Utah is changing as more out-of-state firms become interested in the Salt Lake market and the...
Despite being a gray, cloudy and cold November day there was a surprising amount of foot traffic at The Gateway on Sunday as a few thousand people turned out for the Urban Flea Market's, first-ever winter market. "We've been nonstop, we've has people coming all day,"...