Trolley Square developer finalizing project terms with the city

In a meeting that lasted over five hours, various stakeholders gathered last Thursday for a work session with the Historic Landmark Commission to discuss a proposed mixed-use development of 3.5 acres on the 600 South block of 700 East. Nothing has been approved and the developer, Khosrow Semnani of Trolley Square Ventures, will still need approvals from […]

City’s first transit plan headed to Council for vote

While some residents might not feel that the plan is ready, but the Planning Commission voted during their November 9th meeting to forward a favorable recommendation for the city’s first-ever Transit Master Plan. City officials expect the city to gain 40,000 new residents and 20,000 new employees by 2040.  The Transit Master Plan contains recommendations to […]

Despite moratorium several projects in TSA zone move forward

A six-month moratorium on new projects in the Transit Station Area zone is set to expire December 11.  Salt Lake City Council voted in June to put the moratorium in place via legislative intent, which required the Planning Division to reevaluate the TSA zoning ordinance for parcels near portions of the Airport and University TRAX lines. Yet, […]

City Council approves loans for two affordable housing projects

The city is slowly chipping away at the reported 7,500-unit gap in affordable housing.  During Tuesday’s formal council meeting, members of the Salt Lake City Council unanimously approved loans for two affordable housing projects, North 4th and Granary Place, that will add a combined total of 295 affordable units to the city. “It’s affordable housing […]

Downtown district attorney building tops out

Downtown Salt Lake City’s newest office building, the District Attorney office building, has officially topped out.  Salt Lake County Mayor Ben McAdams and Salt Lake District Attorney Sim Gill led a “topping off” ceremony Tuesday morning at the office building’s construction site. The ceremony culminated with construction crews placing the final beam atop the mechanical floor. […]

Ogden ranked the most diverse city in Utah

There is ample evidence that a region’s diversity across multiple demographics has a direct impact on its economic output as diverse cities and metros tend to perform better economically. According to a report by the financial website, Wallet Hub, Utah’s most diverse city is Ogden. Wallet Hub looked at the 313 largest cities and organized them […]

Planning Commission approves two Sugar House cottage homes projects

Salt Lake City’s for-sale housing stock is limited; not only in terms of supply and demand but the limited stock in the city is also older, requiring more upkeep than the typical Salt Lake County home.  These factors, especially the limited for-sale housing supply, led online real estate and rental marketplace, Zillow, to rank Salt Lake City […]

Salt Lake’s tech economy continues to grow

Salt Lake City is no longer an emerging tech market.  According to a new report by CBRE Group, a commercial real estate services and investment firm, Utah’s largest metro is now considered a “growth leader” in the high-tech software/services industry. The change in distinction is a result of above-average job growth and office market performance, according […]