Construction has begun on the Liberty Crest Apartments at 150 South and 200 East in downtown Salt Lake City. The seven-story apartment building will consist of five floors of residential above three levels of parking.
The project includes 177 residential units and 234 parking stalls. There will be around 20 penthouses on the seventh-floor and five ground-level townhomes fronting 200 East. The rest of the available units will be one and two-bedrooms. All residential units will be market-rate.
“It is going to be more modern, more sophisticated to fit into that area of downtown,” said Scott Safford of Cowboy Partners, the developers behind the project.
The project is a block east from City Creek Center and some of Salt Lake’s more modern buildings, like the Regent, a 20-story, LEED Gold certified condominium tower with ground floor retail at 35 East 100 South.
New residents to downtown Salt Lake seem to prefer modern design over more conventional offerings. The Regent has proved to be the most popular among City Creek’s four residential towers, based on units sold.
The tentative renderings for Liberty Crest show what is arguably Cowboy’s most modern Salt Lake project yet. The rendering shows large floor-to-ceiling windows on the ground and penthouse floors. Liberty Crest has minimal setback and the open feel created by the large windows will help the project engage the street-level.
Amenities include: a lobby with a mezzanine, fitness room, internet cafe with both indoor and outdoor seating areas and a rooftop terrace for events and socializing.
While there is no ground-floor retail, the project will have street-level energy through the ground-level townhomes and the outdoor cafe-style seating of the proposed internet cafe. The project’s proximity to various amenities will enhance the walkability of the area. Liberty Crest shares the block with popular establishments, Bar-X, Beer Bar, Johnny’s On Second and Cafe Shambala. The development is less than a block from Harmon’s City Creek grocery store and Nostalgia cafe, both on 100 South.
The draft master plan for downtown Salt Lake anticipates a significant increase in the downtown population over the next few decades. The downtown population is projected to grow from 5,000 people currently to 20,000 by 2040.
Construction of the Liberty Crest Apartments should be completed by the third quarter of 2016.