restaurant - for what insiders say could be another apartment high-rise, this one some 23 stories tall. 200 South - currently home to a Carl’s Jr.

Nearby, a Boston real estate firm called Kensington Investment is touting a 0.69-acre plot at 75 E. This project will lean toward more affordable rents - thanks in part RDA financial incentives - with 60 percent or more of its 190 apartments set aside for residents making roughly half of the city’s median incomes. State, at 14 and seven stories, respectively, in a project backed by nearly $11 million in loans by the city’s Redevelopment Agency, or RDA.

Chicago-area developer Brinshore intends to build two residential towers a few blocks away, at 255 S.

State, being built by Cowboy Partners and The Boyer Co.Īlong with a rooftop swimming pool and other luxury amenities, it’ll have about 300 studio, one- and two-bedroom apartments with rents near the top of the city’s market rates, developers have said.

Liberty Sky, a new 24-story luxury residential tower at 151 S.

“We know that those building spaces will be absorbed as they come on line because there is a demand out there,” said Lara Fritts, Salt Lake City’s former economic development director.

Word is that developers behind another major office project called 650 Main are now set to proceed with the first of two 10-story office towers side by side at 600 South West Temple.īetween them, 95 State and 650 Main will bring new supplies of office spaces with large contiguous footprints, which the city has lacked.

Located on the northeast corner of State Street and 100 South, just west of the Harmons Grocery store and south of the church’s Social Hall Heritage Museum, the tower will also include a Latter-day Saint meetinghouse spanning some 39,000 square feet. In recent pitches to the city’s commercial real estate brokers, church officials have said they intend to market much of 95 State’s nearly 498,000 square feet of new top-grade offices to technology companies, in addition to more typical tenants from the legal and financial sectors.

It’s being built by City Creek Reserve, a development arm of The Church of Jesus Christ of Latter-day Saints, which also put up 111 Main. 95 State at City Creek, a 25-story office tower now going up at 100 South and State Street and set for completion in fall 2021.

The eight-story, 225-room upscale hotel will be built into the historic Union Pacific Depot, with participation by Vestar, owner of The Gateway shopping and entertainment center. Plans also include several multistory digital screens at street level on 200 South, akin to the huge display in the lobby of the 24-story office building at 111 Main, which opened in 2016.Īcross town, a Phoenix-based developer called The Athens Group is pursuing the new Union Pacific Hotel. Salt Lake City lifted its downtown height restrictions for the gently curving tower, which will feature 750 rooms, meeting halls and a grand ballroom. George nearly $75 million in post-performance tax incentives to build it in hopes of spurring new and bigger convention business. This is a government-subsidized project, with Salt Lake County guaranteeing Atlanta-based developer Portman Holdings and DDRM in St. A 28-story Convention Center Hotel, set to rise by 2022 on the southeast corner of the existing Salt Palace, at 200 South and West Temple.Projects illustrating this trajectory include:

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