Monterra Capital seeks rezone for mixed-use townhome project near Foothill Drive

by | Jun 29, 2026

A Salt Lake City developer is pushing to expand a mixed-use corridor along 1700 South, proposing a combination of for-sale townhomes, retail, office space and for-rent housing on parcels near the Foothill Drive interchange.

Monterra Capital LLC has filed a zoning amendment application with Salt Lake City to rezone several parcels at and near 2493 East 1700 South from single-family residential to MU-3 mixed use. The applications are moving through the city’s administrative and legislative review processes.

The broader project, called Lamplighter Mixed Use (or Lamplighter Square for the larger commercial parcels to the west), envisions a multi-building development totaling approximately 1.29 acres across five parcels. 

The properties were listed for sale in November, and a successful rezone would continue an ongoing trend of interest for slightly increasing the density of housing and retail near Foothill Boulevard along the East Bench.

Conceptual renderings by Element Design Collective show activated street-front retail along 1700 South, upper-level commercial and professional office space, and a substantial block of for-rent and for-sale townhomes — each with rooftop patios — set behind the commercial buildings. A newly built existing car wash on the corner of Foothill and 1700 South would remain.

A separate, smaller rezone application covers a single 0.24-acre parcel at 2493 East 1700 South — currently home to a 1951-era, five-bedroom house — where Monterra is proposing five for-sale townhomes designed to serve as a transitional step-down between the larger Lamplighter Square development and the established single-family neighborhood to the east.

The owner of that parcel is TP Lamplighter LC, a Utah limited liability company managed by John Thackeray and Kip Paul, both of whom signed the owner consent affidavit submitted with the application last week. 

Monterra Capital LLC is the developer on the project. Jon Galbraith of the Bountiful-based Element Design Collective is the architect of record and authorized agent on both applications.

In its application narrative, Monterra argues the rezone is consistent with the East Bench Master Plan’s “Neighborhood Scale Multi-Family Residential” category, which explicitly calls for townhomes and moderate-density infill along the Foothill corridor in transitional locations between commercial uses and established single-family neighborhoods. The applicant also points to the city’s broader goals around infill development and expanding family-sized ownership housing.

The new proposed project is about half a mile south of a recently approved rezone that also included converting single-family lots into townhomes and condos.

The existing tenant at 2493 East 1700 South would be displaced if the project moves forward. Monterra has committed to full tenant relocation assistance if the home isn’t vacant by closing. 

The developer’s preferred timeline targets land acquisition and entitlements by the middle of next year, with groundbreaking to follow and initial sale closings anticipated in late 2028 or early 2029.

The applications will require review by Salt Lake City Planning staff, a public hearing before the Planning Commission, and final action by the City Council.

Email Taylor Anderson

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