New TSA Project Entitled and Up for Sale

Investors who are seeking to replace four single-family homes on Salt Lake City’s west side are looking for a buyer after plans to sell their site for a multifamily project fell through.

Go West Investments recently listed its entitled holding at 59 N. Chicago St. for sale.

The existing homes are being rented to families or are boarded up, and some of the residents were interviewed for a previous article on Chicago Street. None at the time were aware of this project. According to the developer in an email blast about the sale of the project, three of the four homes are currently leased. 

The homes are as follows: 

69 N- Currently Vacant and boarded up

59 N- Duplex rented at $2,200/month

53 N- Triplex rented at $3,300/month

51 N- SFH rented at $1,900/month

Homes that are slated to be demolished for this project.

The new project on Chicago would replace these four homes with a 137-unit multi-family building, adding to the growing redevelopment in the TSA zone along the North Temple Corridor. 

The building would be a mix of studio, one, and two-bedroom units, with some amenities but no ground-floor retail or non-residential-based services. 

The project plans for a resident gym, an amenity deck, and 56 parking stalls, 7 of which are motorcycles and one designated as loading. This is more than the required 34.5 stalls that the zoning calls for due to the proximity to the UTA TRAX line, currently the Green Line

Location of the project

Kyle Zack, a developer with Go West Development, said his group bought the homes with a plan to sell the assemblage. 

“We bought 59 Chicago as a long-term hold, and over the years, we ended up acquiring the four connecting properties. We were under contract the past 11 months, but unfortunately, the deal didn’t work out, “ Zack said, about the project, “I don’t think we will have a problem selling this project either, given the location.” 

This is one of numerous projects being proposed, entitled, or that are under construction along the North Temple Corridor. Many groups are continuing to take advantage of the lucrative zoning with the appeal of a possible MLB stadium coming to the Rocky Mountain Power Site

The pitch deck for the project also mentioned neighborhood impact but failed to mention the homes currently renting without issues being torn down: 

  • Community Impact: Strategically enhances the local housing

market by introducing quality, affordable options in a prime location.

  • Cultural Integration: Seamlessly integrates into the existing

urban fabric, contributing positively to the neighborhood’s dynamics and appeal.

Salt Lake City is exploring new zoning across the board while still being pro-building, even if Thriving in Place and other development measures are being introduced. Until then, expect a lot more proposals and developments like this along the North Temple Corridor. 

Project Details: 

  • Studios: 69
  • One Bedrooms: 44
  • Two Bedrooms:  24
  • TOTAL UNITS: 137 

Development Details: 

  • Purchase Price: 3.5M
  • Architect: Di’velept di’velept design (Jarod Hall)
  • GC: Rim Rock
  • Structural: Canyons Structural
  • Civil: Wilding Engineering
  • Mechanical: Epic Engineering

Posted by Zeke Peters

Zeke Peters is a dual-masters student at the University of Utah studying Urban Planning and Public Administration. He works as a planner and designer in Salt Lake City. He currently resides in downtown Salt Lake and is from Austin, Minnesota, the birthplace of SPAM.