The Rowland Hall campus near 9th & 9th is under contract to a developer that primarily builds apartments designed for college students living off-campus, Building Salt Lake has learned.
The activity is a signal that the brick building on Lincoln Street stretching from 800 South to the rear of retail buildings at the 9th & 9th business district will likely be converted into student housing.
Landmark Properties and 843 Place, LLC filed a signed memorandum with the Salt Lake Recorder declaring that Landmark was under contract to buy the Lincoln Street campus.
The Rowland Hall Lincoln Street campus was originally built in 1947 and is currently serving middle school and high school students while the organization completes its new Steiner Campus at 720 S. Guardsman Way. Construction is expected to be completed later this year.
Building Salt Lake was first to report that Rowland Hall planned to sell its Lincoln Street campus in 2023. Cushman & Wakefield brokers took the campus to market late last year.
Photo by Taylor Anderson
Landmark Properties didn’t immediately respond to a request for comment and details about its plans for the 4.62-acre site. But its track record and portfolio points to a strong likelihood that the site would be used for housing.
Landmark has three student housing locations in Arizona, four in Colorado, one in Nevada, and four in Oregon.
While developers can’t reserve residential units only for students, housing can be designed and marketed toward college students living off-campus by placing a larger number of bedrooms in a single unit with shared common areas like kitchens and bathrooms.
Landmark also has a smaller footprint of multifamily and built-for-rent development, so it’s possible that the existing building is converted into housing while the developer looks to obtain permission to build more housing on the vacant portion of the property, along 1000 East.
The property is zoned Institutional (I), which has a wide range of permitted and conditional uses.
Some permitted uses include affordable housing development, bed and breakfast, medical clinics, community gardens, daycares, multifamily housing, hospitals, office and retail.
The existing buildings on the site take up just over 29 percent of the entire property, meaning there is room for Landmark to attempt to add more housing or other uses either by right or through the city’s design review process.
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