On Tuesday, Salt Lake City’s Redevelopment Agency held its final Board of Directors meeting for 2017. The meeting was also the last RDA meeting for council members Stan Penfold and Lisa Adams. Affordable Housing may have dominated the RDA agenda in 2017, but there are a number of previously announced projects that should move forward in 2018. Several of these projects, including the Marmalade mixed-use development, the Paperbox project, Central Ninth streetscape improvements and the Regent Street Hotel are expected to break ground in 2018, adding to the flurry of additional building activity around Salt Lake City. In addition, two other more complex RDA projects, Station Center and the former State Street Plaza project, could both see significant movement as the new year progresses.
The Marmalade block redevelopment has been a decade-long RDA project. The project is being built out in three phases. The first phase, the Marmalade Branch of the Salt Lake City Library, opened in February 2016. The second phase, The Grove at Marmalade Townhomes is currently under construction.
The final, and largest component of this block redevelopment is a large mixed-use project being developed by Clearwater Homes. The project will include three five-story buildings that will sit above a shared parking podium. The project will have between 260-280 units with ground floor retail and flex live/work space.
In March 2016, The Salt Lake City Historic Landmarks Commission approved the design of the Clearwater Homes’ project. According to Danny Walz, the RDA chief operations officer, Clearwater Homes’ mixed-use project should begin construction in early 2018.
In 2016, the RDA Board of Directors approved the selection of Clearwater Homes and PEG Development to redevelop the Paperbox property on the 100 South block of 300 West at no cost in exchange for the inclusion of 35 affordable housing units for people earning no more than 60 percent of the Area Median Income (AMI). The project will consist of two six-story buildings and one four-story building with a total of 183 apartments and 16 live-work units. According to Walz, Paperbox construction should begin fall 2018. The Option to Purchase Agreement has been executed and the RDA and development teams are currently working on a design review and other contractual items.
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