The Salt Lake City Planning Commission unanimously approved two petitions requested by the Redevelopment Agency of Salt Lake City (RDA) for the development of the four-story Beehive Brick building at 244 South 500 West.
The project will be developed by Artspace and include 13 residential one and two-bedroom units on the second and third floors. Over 5,000 square feet of commercial space will occupy the ground and lower floors with a solar hot water panel installed on the rooftop.
The RDA requested the division of the single lot to create two lots and approval to restore the Beehive Brick building and convert it to a mixed-use residential and commercial space.
The building occupies a third of the 0.8-acre lot. The building will be transferred to Artspace with the city retaining ownership of the rest of parcel in order to build a mid-block street.
The Beehive Brick building currently has no direct street access. The mid-block street will essentially be an extension of Pierpont Avenue between 500 and 600 West and will wrap around the Beehive Brick building providing the street frontage required by the city.
The RDA will begin marketing properties in the vicinity as part of a larger development plan for downtown Salt Lake’s west side. With Salt Lake Central Station as the focal point, the city wants to attract development that benefits from the neighborhood’s varied transit amenities.
The RDA is seeking historical designation of the building and is finalizing the transfer of the property to Artspace. Artspace intends to restore the building according to established standards need to achieve recognition by the National Historic Register.
The redeveloped Beehive Brick building will add to Artspace’s presence on 200 South block of 500 West. Artspace owns and manages the adjacent Artspace City Center and Artspace Bridge Projects buildings just north of the Beehive Brick building.