[delts145]

Salt Lake City & MSA/CSA Rundown

Creating Urban Public Spaces

La Caille Gardens, Salt Lake City - Central Metro - https://digitalmarketing.blob.core.windows.net

La Caille Gardens, Salt Lake City - Central Metro - https://digitalmarketing.blob.core.windows.net

Red Butte Gardens and Arboretum, City Proper, East Mountain Bench - https://a.travel-assets.com/findyour...Arboreteum.jpg

Red Butte Gardens and Arboretum, City Proper, East Mountain Bench - https://a.travel-assets.com/findyour...Arboreteum.jpg







Salt Lake City, downtown booming, brushes off conservative image -

Dynamic neighborhoods and high-rise living play against stereotypes of Utah’s capital - By Patrick Sisson
https://www.curbed.com/2018/3/20/171...ent-hot-market

It’s a proven formula for real estate success: Combine a thriving tech scene and downtown development with enviable access to nature, and residential property will boom...

...For those unfamiliar with Salt Lake City, Utah’s capital seems like an unlikely pick as an up-and-coming metro. Outside of assumptions about its conservatism, owing to its position as the seat of the Mormon church, Salt Lake City may offer only one frame of reference for those unfamiliar with Utah urbanism: a unique grid system, known as the Plat of Zion, that resulted in massive, oversized city blocks.

Those seeing Salt Lake City for the first time today would find a city, and downtown, starting to hit its stride. By many measures, Salt Lake City isn’t merely catching up with its peers, it’s booming. The Urban Land Institute ranked it the nation’s third-best market for commercial development in its 2018 Emerging Trends report, fueled in part by the big names relocating here (Goldman Sachs’s second-largest U.S. office is in town).

A booming regional tech economy, dubbed Silicon Slopes, includes homegrown firms valued at more than a billion dollars total, as well as offices for big names such as Adobe, Twitter, and Electronic Arts. Literally and figuratively adding runway to the region’s economic growth, a $3.6 billion airport renovation will open in 2020...

Milagro Apartments under construction in downtown Salt Lake City Downtown Alliance

..The city seems to have hit critical mass. Salt Lake County, which includes Salt Lake City, is forecast to add nearly 600,000 new residents by 2065, according to a University of Utah study, a 50 percent growth rate.

“Compare it to Portland, Seattle, LA, and San Francisco, where everything has become expensive,” says Dave Ward, a developer at the Boyer Company, a partner in Liberty Sky. “Comparatively, Salt Lake City is easy to get around, has tremendous outdoor recreation options, and people can live near where they work. When you look at the quality of life and the ability to further a good career, Salt Lake has a pretty compelling argument.”


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