After a slight lull in a development period that included multiple new buildings and the reconstruction of its two main roads, developers have teed up another round of multiple major apartment projects slated to break ground around the same time.
The Housing Authority of Salt Lake City voted at an April meeting to approve a $33.5 million general contractor agreement with Pentalon Construction for an affordable senior apartment project at 2257 S. 1100 East, across from Fairmont Park.
The project is set to include 110 one- and two-bedroom units and would cater to Salt Lakers aged 62 and older. With the agreement in place, construction is set to begin this spring.
That project will neighbor the Montaire Apartments, previously dubbed Alta Terra North, a roughly 340 apartment project fronting Fairmont Park that is wrapping up construction after delays.
Just north of both projects, the Utah Transit Authority is set to begin a years-long process of extending the Trax S-Line east of Highland Drive from its existing terminus at McClelland Street. That project will extend the tracks along Simpson Ave and is expected to cost $43.5 million.
Along with that, the Salt Lake City Community Reinvestment Agency has filed for permits last month to demolish the former Deseret Industries building at 2234 S. Highland Drive and former fire station at 1085 E. Simpson.
No other building permit has been filed for construction on the city’s 1.52 acres once those buildings are removed, though the city’s CRA prioritizes low-income housing, family-sized housing, retail and wealth-building opportunities in development that originates on city-owned land.
Immediately north, Zions Bank recently released its plans for a 16-story mixed-use apartment building at 2200 S. Highland Dr. That project would include roughly 200 housing units and a rooftop restaurant while maintaining space for the existing Zions Bank on the ground floor.
Farther west, a California investor has obtained financing and permits for the planned construction of 238 apartments at 2131 S. Lincoln St, near the Sugar House Smith’s.
That project, which was first proposed before the market slowdown in 2023, would have frontages on three streets: Lincoln, Elm and 1000 East.
On the corner of Lincoln and Elm sits a mansion from 1892. That building would be kept as a buffer from the new 60-foot tall building to the single-family homes to the south and west of the site.
Those projects are separate from an effort by a Chicago-based developer who looked to develop the site of the former Wells Fargo at 1095 E. 2100 S.
In late 2023, Harbor Bay Ventures sought to create a new zone for a mid-rise apartment building that initially could have stretched to 305 feet. They later revised that proposal after widespread pushback, given that the potential height of the envisioned zone would far surpass anything outside the Downtown core.
The developer said in an email to the city that it would rework its plan to comply with existing height limits on the key corner. Nothing new has been submitted.
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