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Developers are filling the queue with a string of residential developments that will continue the transformation of the area southwest of Downtown, with the latest being a seven-story, single-use building in the Granary.
The building is being called Industry Attainable Housing, at 439 W. 600 S. It would mark an extension of the cluster of office, commercial and, soon, residential of the Industry SLC development in the immediate area.
Once built, the new project would join several others that will continue the rapid makeover of the Granary from an industrial ghosttown to an 18-hour mixed-use neighborhood.
Industry Attainable would add to the 184 units at the G3 apartments to the east, 292 units at the Pacific Yards project to the south, over 500 units at the West Village near 900 South, 241 new units at the Alexan Apartments to the west, 336 units at the 800S apartments to the south, 83 units at Box 500, and 102 units at The June to the east.
While not an exhaustive list of all new housing on the way, those projects alone would bring over 1,700 new rental homes to a neighborhood that had next to none just a few years ago.
The demand from the people in those units is being met by a cluster of new restaurants, bars, existing breweries and new office and retail space. The Industry Attainable will add homes and leasing and amenity space.
Despite its name, the design review application submitted on Friday doesn’t make note of target rents, and the project isn’t subsidized to help bring rents down.
The attainability, or affordability, may be achieved through the design of the units. Studios will be around 500 square feet. The average rent for a studio in Salt Lake City is $1,325 per month, up 3 percent compared to a year earlier, according to the rental search company and database Rent.
While it’s likely for projects that have already been approved to be paused during an ongoing market slowdown caused in part by a spike in lending rates, projects in the Granary are unlikely to slow down.
The city and state designated the area as one of its opportunity zones. Investors in the funds that pay for development in those zones have tax incentives that expire at the end of 2026, so there’s less time to hold out and wait for the market to improve before moving forward.
Details on Industry Attainable
Renderings by Engine 8 Architecture.
While the building will be the standard five-over-two — with five wood-framed levels above two concrete — the podium won’t house cars. There’s already plenty of space to store parked cars in the seven-story parking garage being built immediately to the south, also by Q Factor.
Q Factor is using its 90-foot parking garage with space for nearly 1,000 cars to provide parking for several nearby developments, including the latest proposal. The city requires that builders reserve one space to store a bike for every 20 car parking spaces for multifamily projects at a minimum (or one to 10 for commercial), and the building will offer exactly the minimum 14 bike parking spaces and 273 car parking spaces.
The building would front 600 South near the off-ramp of Interstate 15, along with a mid-block private drive between 400 West and 500 West known as Elder Court.
The building would contain 67 studios, 103 one-bedrooms and 48 two-bedroom units for 218 housing units in total.
“The proposed recycled brick and angled roof line is inspired by historic warehouses, and the slanted west façade visually breaks up the line of sight,” the developers wrote in their application. “The use of exposed concrete columns throughout the Project also aesthetically connects the attached parking garage and neighboring developments to the historic grit the District embodies.”
The developers are asking for approval to step the building out above the sidewalk. They also want to reduce the setback required by the General Commercial (CG) zone from 10 feet to 0.
CG zoning caps buildings to no taller than 60 feet, except with design review. The new Industry building would be a hair under 80 feet, according to the proposal. Each level would be about 10 feet tall each.
Designed to maximize the developable are of the parcel, the building would stretch to about 212 feet along its north end. The southern end is divided into smaller parcels by courtyards and other design elements intended to create smaller massing.
The building would offer privately owned public space in the form of seating, as well as trees, shade and a bike rack. The firms wrote that they plan to plant 30-foot tall trees every 30 feet, along with a low-water, unique and native species of grass.
“The residential facades are articulated by the push and pull of the facade on the North. This push/pull dynamic occurs in a 20-25-foot undulating rhythm, creating a human scale on this elevation of the building,” the developers wrote.
- Developers: Q Factor and Trammell Crow Residential
- Architect: Engine 8 Architecture
- Landscape Architect: Wenk
- Engineering: McNeil Engineering, ARW Engineers, Kimley-Horn and Jordan & Skala Engineers