SALT LAKE CITY | Development Thread

[delts145]

Salt Lake City & MSA/CSA Rundown

The Rugged Terrain of Salt Lake's CSA Metroscape

http://southogdensc.com/


https://static1.squarespace.com/[/url]



Developers propose 24-story apartment tower on State Street in downtown Salt Lake City
The Salt Lake Tribune - By Mike Gorrell
https://www.sltrib.com/news/business...alt-lake-city/

“We’re excited to see residential on State Street, which is a fairly new addition to the ecosystem,” said Christian Harrison, the Downtown Community Council chairman.
“It is a good sign that State Street is turning a corner. We do hope it spurs more development farther south along State Street.”

“Offices are daytime [operations] and don’t create vibrancy or activity in the evenings. In downtown, they create dead zones,” Planning Director Norris added. “Apartments put eyes on
public spaces basically all day long. Those residents tend to go out at night and walk around the neighborhood. It enlivens downtown.”


(Artist's rendition courtesy of Cowboy Properties) Cowboy Properties and Boyer Co. are looking to build a 24-story apartment building on the east side of State Street between
the Federal Building on 100 South and the Maverik headquarters building on 200 South. The $90 million project is being praised for its prospects of bringing more residents to downtown Salt Lake City.

Convinced that downtown living is increasingly desirable, real-estate developers Cowboy Properties and Boyer Co. want to build a 24-story apartment building on State Street between 100 and 200 South...

...The $90 million high-rise would include roughly 300 apartment units and a rooftop swimming pool. A five-story parking terrace would be built on its east side, hidden from street views by surrounding buildings.

Although rent levels would vary, Cowboy Properties President and CEO Dan Lofgren said most would cost near the “top of the market in today’s market. We’ll have studios to very large two bedrooms, units that
go for under $1,000 [a month] while some of the largest will be several thousand.”...

...“As the downtown residential market has evolved, and as we massaged what we thought was the best option, this residential tower emerged,” Lofgren said. “Downtown Salt Lake City has become an amenity-rich environment.
It’s become a great neighborhood. The pieces that were missing 10 years ago — not that it was bad then — are now filled in.“

First and foremost: the Harmons City Creek market at 135 E. 100 South. “The grocery store makes it a neighborhood,” Lofgren said. “For many household configurations, the option of living downtown has become the
preferred option. These are households hoping to live without a car, households looking for the convenience of being close to work, households energized by all the activities downtown,
households attracted to this notion of a high-rise and the views and lifestyle it offers.”

At the projected rent levels, he sees these apartments appealing to people working at high-tech and financial-services companies, law firms and banks. Retirees also are likely renters, Lofgren added,
“drawn especially by the arts downtown — the symphony, the ballet, Eccles Theater. That’s a pretty full basket of offerings.”...

...Planning Director Norris said the shift from office tower to residential high-rise is “certainly consistent with our master plan policies, which try to increase the number of people living downtown.”

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[delts145]

Downtown Update - California Developers Planning New Downtown Tower

Isaac Riddle Reports - Full Article @ http://www.buildingsaltlake.com/cali...owntown-tower/

According to Robert Held, the president and chief executive officer of Held Properties, the developers hope to
start construction next year on a 27 story mixed-use building currently referred to as the 370 Millennium Tower...

...While the building’s design and specific floor plans are still being finalized, the proposed uses are already determined.
The 370 Millennium Tower will include a mix of commercial office space, retail space, a hotel and residential condominiums...


Conceptual rendering of the first few floors of the proposed 370 Millennium Tower. The developers are still working on the building's final design. Image courtesy Held Properties.


http://lccpropertiesgroup.com Conceptual rendering of the proposed 370 Millennium Tower. The developers are still working on the building’s final design. Image courtesy Held Properties.


Conceptual rendering of the amenity deck of the proposed 370 Millennial Tower. Image courtesy Held Properties.


http://lccpropertiesgroup.com


http://lccpropertiesgroup.com


http://lccpropertiesgroup.com

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[delts145]

Downtown Adj. - Central Ninth

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/wor...central-ninth/

A car garage in the Central Ninth neighborhood will soon find new life as a mixed-use townhome development. Demolition work has started on the Outlet Muffler Tires garage on the 800 South block of 300 West to make way for construction of The Ruth, a 17-unit townhome development.

The project is by CW Urban and will include four residential buildings with three to four, three-story townhomes in each. The townhomes will be between 1500 and 1700 square feet and will be a mix of two and three bedroom units. The ground floor will include a two car garage and a bonus room that can be used as a workspace or another bedroom. The second floor will include the living space and kitchen with the bedrooms on the third floor.

Most of The Ruth’s homes will front 300 West and 800 South. A private driveway will connect the home’s garages to a new alleyway that will connect to 800 South and separate The Ruth from the adjacent Prana townhomes. Two buildings with three units each will front a walkway off of the alleyway. The homes will have large balconies on the second floor that will overlook the street.

The development will also feature a 3,000-square-foot commercial building that will occupy the southeast corner of the 800 South and 300 West intersection. The two-story commercial building will have ground floor retail space and office or residential space on the second floor. According to the developers the retail space will be designed to accommodate a cafe or small restaurant.

Rendering of the northwest corner of the Ruth. Image courtesy Salt Lake City public documents.


Crews have started demolition work on the 800 South block of 300 West. Photo by Isaac Riddle.

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[delts145]

Update - Northwest Quandrant

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/gro...t-development/

As Salt Lake City and state officials work toward a compromise on the management of the Northwest Quadrant and proposed inland port, one of the quadrant’s largest landowners is ready to move forward with the area’s first large private development.

On Wednesday, developers, NWQ, LLC, a joint venture between Colmena Group, Wadsworth Development Group and Stokes Partners, announced the launch of Phase 1 of the SLC Port Global Logistics Center, a proposed 3,000-acre logistics park that will occupy a large portion of the city’s Northwest Quadrant.

According to a statement, the SLC Port Global Logistics Center will have the capacity to accommodate up to 50 million square feet of Class A speculative and build-to-suit buildings, combined with owner-occupied and mega-site land for sale. The first phase of the development will consist of 10 buildings totaling approximately 7.5 million square feet of bulk distribution and manufacturing industrial space. The developers expect to complete construction of the first two buildings, consisting of 532,000 square feet and 170,000 square feet respectively, in the spring of 2019.

“The development of the Northwest Quadrant of Salt Lake City is one of the most noteworthy events to take place in the local industrial market in the area’s history,” said Jeff Richards, senior vice president with CBRE in a statement. “Given the market’s current size of approximately 130 million square feet, the addition of SLC Port Global Logistics Center has the potential to increase the total market size by nearly 39 percent...

Aerial view of Northwest Quadrant and site of the proposed SLC Port Global Logistics Center. Image courtesy CBRE.

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[delts145]

Photo Update - Sugar House District

Sugar House Building Boom Continues - Sugarmont Apts.


http://www.utahprojects.info/


https://static1.squarespace.com/


https://ascentconstruction.com/wp-content/

Originally Posted by TonyAnderson

Sugarhouse rising.

@ascentconstruction

[delts145]

Downtown Update - Moda LUX Announced

Moda Lux will be an ultra-luxury, boutique apartment development in downtown Salt Lake City. The project's location, a strong job market, recent accelerated rent growth, and strong demand make this a strong opportunity.

Originally Posted by JMK

Moda LUX
JF Capital
200 E between 200 and 300 S

http://jfcapital.com/

http://jfcapital.com/

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[shakman]

Sugarhouse looks much different then the last time I was there.

[delts145]

Very true Shakman, and it just keeps on adding density. Doesn't look like it's going to let up for a long time yet. Of course, minus some type of financial calamity.

[delts145]

Downtown Adj. - Central Ninth's Transformation Continues

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/pic...ion-continues/

Jefferson Walkway

Most of the six new cottage homes in the Jefferson Walkway project are sold or under contract, the covered parking spaces are going in, and the one remaining facet of the project,
renovating the historic home that was moved to a new location is underway. Priced in the mid-$400s, these 1,560 square-feet detached homes are advertised as net-zero ready.


Jefferson Walkway as seen looking east from 200 West. Photo by Mike Fife.



Green Print Apartments

Across the TRAX line from the Jefferson Walkway, is the now-completed Greenprint Apartments, a micro-unit project on the 800 South block of 200 West. The project contains 60 small studio-like apartments and no onsite parking.


The Greenprint Apartments as seen from the west side of the 800 south block of 200 West. Photo by Mike Fife.



Washington Street Townhomes

Developer Daniel Jensen’s five rental townhouse project on the east side of the 900 south block of Washington Street is now completed.
The project consists of five one-bedroom apartments and as with the Greenprint, there is no onsite parking.


The Washington Street townhomes as seen from the 900 south block of Washington Street. Photo by Mike Fife.



200 West Apartments

A block to the east from the Washington Street projects is the 200 West Apartments on the 900 South block of 200 West.
The project is nearly complete and consists of 50 one-bedroom units in a three-story building. There is a rear-parking structure with 30 spaces and 20 surface parking spots.


The 200 West Apartments as seen from the 900 south block of 200 West. Photo by Mike Fife.



The TenFifteen Apartments

The TenFifteen Apartments on the 1000 South block of 200 West are now leasing. The four-story project has 54 residential units,
11 of which are reserved for renters earning 50 percent of the area median income (AMI). The project has 54 surface parking spaces.


The northwest corner of the TenFifteen apartments and the C9 Flats in the background as seen from 200 West. Photo by Mike Fife.



The C-9 Flats

The C9 Flats, at the corner of Goltz Avenue and 200 West, are currently being framed out. The project has two six-story buildings, four floors of apartments above two floors of parking.
The two buildings contain a total of 97 apartments and are connected by a walkway on the upper stories.


Aerial rendering of the C9 Flats. Image courtesy Salt Lake City planning documents.


The C9 Flats as seen from 200 West. Photo by Mike Fife.



The Alinea Lofts

Framing will soon start on the Alinéa lofts, a mixed-use project located on the northeast corner of 900 South and 200 West, north of the Central Ninth Market and just east of the 900 South TRAX station.
This project will have 24 for sale units that will be mostly townhomes with some condo units above ground floor retail space fronting 900 South.


Rendering of the southwest corner of the Alinéa Lofts. Image courtesy LandForge Inc.


The southwest corner of The Alinéa Lofts as seen on 900 South between Jefferson Ave and 200 West. Photo by Mike Fife.



The Ruby

Construction on The Ruby townhouse projects is well underway. The development includes 12 for- sale townhomes on the west side of West Temple between 800 and 900 South. The project has four buildings, with garages accessed from the interior of the lot. Six of the units will front West Temple and the other six will front the alley running behind the development.


The Ruby townhouse project as seen looking south on West Temple. Photo by Mike Fife.

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[delts145]

Sugar House District - Adaptive Reuse

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/con...tume-building/

A long-vacant parcel is getting a new use while adding much-needed housing in the Sugar House neighborhood. Construction has started on the historic Salt Lake Costume Building. Developers, Salt Lake Costume Properties, Inc., are converting the building, on the southeast corner of the 1100 East and 1700 South intersection, into a 19-unit residential building...

...The three-story building’s exterior shell will be preserved. In September the Salt Lake City Planning Commission approved a planned development request that allows the developers to increase the building roof and ceiling heights by two feet. The developers plan to remove the hard stucco that covers the top two floors and will instead utilize a brick veneer for the all three levels.

Because the current building has very few windows, the developers will add windows and glass doors on all three floors to increase transparency. The top two floors will include exterior balconies. The developers plan to retain the iconic knight sign and incorporate it into the building’s renovation.

The proposed 19 units will be predominantly one bedroom apartments. The ground floor will have four units, three of which will be live/work units and one loft unit. The ground floor units will be walk-up units and will front 1100 East. The second and third floors will have eight and seven units respectively. The two, two-bedroom units will occupy the third floor...

Rendering of the proposed adaptive reuse of the Salt Lake Costume building. Image courtesy Salt Lake City public documents.


Construction has started on an adaptive reuse of the Salt Lake Costume Building as seen from the intersection of 1700 South and 1100 East. Photo by Isaac Riddle.

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[delts145]

Downtown - Ritchie Project takes another major step forward.

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/com...owntown-tower/

A rendering of the first phase of the Block 67 development looking east from 300 West.


...On Wednesday the Salt Lake City Planning Commission voted to forward a favorable recommendation for a zoning text amendment that would expand a height overlay to include the northwest corner of the 200 West and 200 South intersections...

...“This is the type of density that that city is able to build; there is demand for office, there is demand for more hotel keys,” said Ryan Ritchie, of The Ritchie Group. “The economic factors are in place to see the growth that we are seeing. It’s the natural progression of all cities that as they densify you start to use the land more appropriately. The best way for us to accommodate the growth over the next 40 to 50 years is through density.”...

... The first phase will include two 11-story buildings that will replace a surface parking lot on the southeast corner of the 100 South and 300 West intersection. When built out, the 6.45 acres at the northwest and southeast corners of the block will consist of multiple buildings with a mix of commercial office, residential and hotel buildings...

...The second phase will potentially consist of a 30-story commercial office tower, an 18-20 story residential tower and a third shorter building that could possibly be another hotel. Ritchie also noted that the second phase could also include the Convention Center Hotel if the current plans for that project fall apart...


A 3-D conceptual rendering of the Block 67 project. Image courtesy Salt Lake City Planning documents.

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[Dale]

Whatever happened to the 40 story convention hotel ?

[delts145]

Research shows housing becoming less affordable along Wasatch Front

By Jasen Lee@JasenLee1 - Published: April 7, 2018 4:40 pm - https://www.deseretnews.com/article/...tch-front.html

SALT LAKE CITY — Like Utah's economy, the Wasatch Front housing market is strong with an increasing population bolstering demand for both single-family and multifamily rental units throughout the northern section of the state.

But new research shows that demand has outpaced wage growth, which is prompting an affordability gap.

Data from ATTOM Data Solutions, based in Irvine, California, showed that median home prices during the first quarter of 2018 were not affordable for average wage earners in 304 of 446 — or 68 percent — of U.S. counties analyzed in the report.

The report noted that three Wasatch Front counties — Davis, Utah and Weber —each rated less affordable than their historic first quarter average during the first three months of 2018, while Salt Lake County rated equal to its historic affordability index...

By Jeffrey D. Allred, The Deseret News


Work on a housing project continues at 400 South and 400 East in Salt Lake City on Tuesday, April 3, 2018. Research indicates that housing affordability is becoming an issue along the Wasatch Front. By Jeffrey D. Allred, The Deseret News

[delts145]

Originally Posted by Dale

Whatever happened to the 40 story convention hotel ?

Still very much in the works. The process is taking longer due in major part to the fact that city and or county taxpayer subsidies are being curtailed. Also, the major developer/owner catalyst for the building site passed away recently, which has also extended the planning and approval.

[Dale]

Originally Posted by delts145

Still very much in the works. The process is taking longer due in major part to the fact that city and or county taxpayer subsidies are being curtailed. Also, the major developer/owner catalyst for the building site passed away recently, which has also extended the planning and approval.

Thanks for the update and appreciate your hard work!

[The Best Forumer]

That first tower will look nice.

[delts145]

Agree, and it's about time for Downtown Salt Lake to get into the high rise residential habit. Another tower just up the street that will be even taller looks to be starting construction also this year. According to our forum members on the inside of the city planning, it's a shoe in. A lot of major projects should be breaking ground Downtown this year, and the first of 2019.

The temporary pocket park on the left, which was put in place as a holder next to the 2013 completed grocer will be the plot for the new tower. It could start construction even sooner than that first pic of the tower down the street. Both seem to be on a fast track right now. The residential and commercial real estate vacancy space in Downtown and the Metro is extremely tight right now, even though construction continues at an historic pace.

http://www.okland.com/

Also, just a little side note Dale regarding the convention hotel. Among many of the city and county leaders there's an attitude that Salt Lake/Utah's tourist attraction is so huge because of the proximate scenery, that tax payer money shouldn't have to be used to subsidize a visitors/convention center at a higher rate than a more conservative dollar marker. This frustrates many local forum development geeks, but I suppose it's good public policy in the minds of the majority of voters, who are not as obsessed as we are with construction projects. Although the forum members main point is valid. That is, there are so many major conventions in line to book the facility when it opens, that it will pay for itself in a very short timeline.

[delts145]

Commission approves another four mid-density projects

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/com...sity-projects/

City officials have identified missing middle housing as a key component in addressing the city’s housing crisis. The city’s recently-adopted Growing SLC Housing Plan and the in-development Accessory Dwelling Unit Ordinance both seek to encourage more mid-density housing citywide to increase the city’s housing stock and help the housing supply catch up to the demand.

The Mabel

Commission members approved front and rear yard setbacks for The Mabel, by developers, CW Urban. The project will consist of six townhome units and will replace a single-family home and vacant lot on 3.13 acres at the 300 South block of 700 East.

The townhomes will be three stories each with a mix of three and four bedroom homes. The end units will have four bedrooms with a bedroom, full bath and two-car garage on the ground floor, living space and kitchen on the second and three bedrooms and two full baths on the third floor.

The interior units will have a similar floor plan except the first-floor room will be an office or flex space and the third floor will have two bedrooms. The front unit will face 700 East but the remaining units will front a small private street.

Rendering of the Mabel Townhomes. Image courtesy Salt Lake City public documents.

Richmond Place

...Richmond Place will consist of nine townhome units. Each home will be three stories with four bedrooms and a fourth-floor rook deck. The first floor will include a bedroom and two-car garage. The second floor will consist of a bedroom, half-bath, kitchen and living room. The remaining two bedrooms will be on the third floor.

The project will have three buildings and will be built in three phases. The first phase building will front Richmond Street and will consist of four attached homes. The second and third phase buildings will have three and two units each respectively and will front a private street connected to Richmond.

Rendering of the Richmond Place Townhomes as would be seen from Richmond Street. Image courtesy Salt Lake City public documents.


Aerial rendering of the Richmond Place Townhomes. Image courtesy Salt Lake City public documents.

The Wells Mixed-Use Development:

...The Wells Mixed-Use Development, by Jolley & Jube Investments, will replace two commercial buildings on 0.39 acres at the southwest corner of the 1300 South and 500 East intersection. The project will consist of two, two-story buildings with 12 residential units and 14 commercial units. Both buildings will be mixed-use and will have roof deck amenities. Two walkways, surface parking and landscaping will separate the buildings.

The north building will front both 1300 South and 500 East and will have two restaurant and four retail spaces on the ground floor. The second floor will have four one-bedroom apartments.

The south building will consist of eight residential, five commercial office and three retail units and will front the surface parking lot. The first floor will include the four residential units, an office and the three retail units. The second floor will have four office units and four residential units.

Rendering of the northeast corner of the Wells Mixed-use Development as designed by DEIV Architecture and Design. Image courtesy Salt Lake City public documents.


Aerial rendering of the Wells Mixed-use Development. Image courtesy Salt Lake City public documents.

700 Horizon

North Rock Capital plans to build four attached townhomes on the 2400 South block of 700 East. The townhomes will replace a single-family home on 0.32 acres and will be two stories each. The units will have a kitchen, living room, office, half bath and garage on the ground floor. The bedrooms and a bonus room will be on the second. The middle units will have three bedrooms and two full baths and the end units will have two bedrooms and two baths. The developers went through the Planned Development process to allow for three of the units to front a private street.

Rendering of the 700 Horizon Townhomes courtesy Salt Lake City public documents.

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[delts145]

Downtown Adj. - Missing Middle projects in the Marmalade District nearing completion

Mike Fife Reports - Full Article & Many More Photos @ https://www.buildingsaltlake.com/mis...ng-completion/

Despite the wintry look in the images, the generally mild winter has been a boon to construction throughout the Wasatch Front and significant progress has been made on three missing middle projects in the Marmalade neighborhood...

Marmalade Courtyard

The Marmalade Courtyards project will be the most affordable of the three developments and will consist of 30 housing units with 23 new construction townhomes and seven condo units. The townhomes are almost entirely framed out and are located along a private drive between 800 North and Reed Avenue. Construction hasn’t started yet on the seven condos but the units will replace two existing former retail buildings on the corner of 800 North and 300 West. The new townhouses are in six buildings, the three on the west side are nearing completion and the three on the east side are well underway. Prices will start at $349,900.

The Marmalade Courtyard townhouse as seen looking east along the 300 west block of Reed Ave. Photo by Mike Fife.


These former historic commercial buildings will be renovated into seven condos as part of the Marmalade Courtyards project as seen looking south from 800 North. Photo by Mike Fife.

The Grove at Marmalade

The Grove at Marmalade project consists of 12 for-sale townhomes on the north side of the 200 west block of 500 North. The project is part of the Salt Lake City Redevelopment Agency’s Marmalade Block development which also includes the completed Marmalade Branch Library to the south and Clearwater Homes’ future mixed-use apartment development that is expected to begin construction in 2018.

Rendering of The Grove at Marmalade as seen looking north from 500 North.


The Grove at Marmalade townhomes as seen looking northeast from 500 North. Photo by Mike Fife.



Almond Street Townhomes

The 17-unit Almond Street Townhome project by Garbett Homes is nearing completion. The project sits on the south-west edge of Capitol Hill in the Marmalade neighborhood. The townhomes are just a block north of downtown, within walking distance many downtown amenities. Built in two phases, the units fronting West Temple are virtually complete and the units fronting Almond Street are framed-out and wrapped. According to the Garbett Homes website, all of the smaller units along West Temple have been sold. Three of the four larger units at Almond Street are still available. These three bed/two bath 2,841-square-foot models are listed at $789,404.

Almond Street townhomes as seen looking north along the 200 north block of Almond Street. Photo by Mike Fife.


The south end of the completed first phase of the Almond Street townhomes and the under-construction second phase as seen from the 200 north block of West Temple. Photo by Mike Fife.


One of the completed units of the Almond Street townhomes along West Temple. Photo by Mike Fife.

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[delts145]

Downtown Update - Affordable housing to replace the Royal Garden Inn

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/aff...al-garden-inn/

The site of an aging motel will soon be the home of downtown Salt Lake’s next affordable housing development. Demolition work has started on the Royal Garden Inn at the 100 West block of 600 South to make way for construction of the Garden Lofts Apartments, a proposed 272 unit affordable housing development.

Garden Lofts will be third downtown adjacent, work-force housing project by Wasatch Residential Group. The developers also built the Providence Place at the 300 East block of 100 South and the 600 Lofts at the southwest corner of the 600 South and State Street intersection.

All of the project’s 272 units will be reserved for residents earning 60 percent AMI (Area Median Income). The units will be a mix of studio, one, two and three-bedroom apartments, the bulk of which will be one and two bedroom apartments. Rents will range between $725 for studio units to $1,065 for the three-bedroom units.

The Lofts will replace the two-story Royal Garden Inn on a 3.18-acre parcel that is completely surrounded by mid-rise hotels.

A preliminary rendering of the south face of the Garden Lofts as designed by BSB design. Image courtesy Salt Lake City public documents.


Crews have started demolition work on the Royal Garden Inn. Photo by Isaac Riddle.

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