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Profit-sharing housing model looks to build on success of Salt Lake City tower

Profit-sharing housing model looks to build on success of Salt Lake City tower

by Jacob Scholl | Feb 11, 2026 | Central City, Developments, Proposed, Salt Lake City

A bold strategy aimed at financially empowering Salt Lake City renters is paying dividends — literally.  Months after cutting the ribbon at its Central City tower, the Perpetual Housing Fund’s profit-sharing housing model will continue to press forward with new builds...
Nonprofit developer unwraps profit-sharing apartment tower that could serve as a model

Nonprofit developer unwraps profit-sharing apartment tower that could serve as a model

by Jacob Scholl | Oct 31, 2025 | Central City, Developments, Downtown, New and Proposed Development, Salt Lake City

On the unfinished 14th floor of the former HK Tower office building and high above the other buildings in the Central City neighborhood, local developers and state leaders spoke about a new, unique program that allows renters to begin building equity in hopes of...
Nonprofit developers to convert HK Tower into affordable housing

Nonprofit developers to convert HK Tower into affordable housing

by Luke Garrott | Aug 9, 2023 | Downtown, East Central, New and Proposed Development, Policy, Salt Lake City

Interested in seeing where developers are proposing and building new apartments in Salt Lake, or just want to support a local source of news on what’s happening in your neighborhood? Subscribe to Building Salt Lake. The HK Tower at 100 South and 500 East is one...

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