Developer plans to add 150 new apartments near Downtown

APRIL 7, 2022, UPDATE: There are questions over the ownership of the building and whether this project will move forward. Check back for updates next week about this development.

A developer is looking to add 150 units in a seven-story building just outside Downtown Salt Lake City under a new proposal filed on Wednesday.

The building, at 150 E. 700 S., would continue the urban shift to the south out of the core of Downtown, as developers have taken advantage of downtown-adjacent zoning that allows for high density and tall buildings.

Many of those buildings on the periphery have been centrally located, near Main Street. The latest proposal would bring some height southeast of the urban core Downtown.

Details are still slightly thin. The owner, an Australian developer who has recently completed projects in Denver and Dallas before starting in Salt Lake City, declined to make them available.

What we know about the project so far comes from a design review application filed with the city this week.

The building would include five floors of apartments over two floors of private amenities, including a gym, coworking space, art space and indoor dog park. 

Many of those amenities allow the developer to increase the amount of parking provided through what is known as Transportation Demand Management.

In exchange for providing eight secured bicycle parking stalls, a workout room, shower, lockers and coworking space, the builders will provide up to 212 parking stalls on three floors of parking.

“The building is modern, but timeless,” the architects wrote, “taking inspiration from other downtown buildings to create an intriguing and dynamic addition to the downtown landscape.”

The new building will include a mix of studios plus one- and two-bedroom apartments.

Unit Breakdown 

  • Studio: 40 units
  • One-bed: 70 units 
  • Two-bed: 40 units
  • Total: 150 units

It doesn’t appear the developer is asking for any exception from the D-2 or Downtown Support District, which was created to allow commercial, residential and other uses specifically to support the core of Downtown.

“Development within the D-2 downtown support commercial district is intended to be less intensive than that of the central business district, with high lot coverage and buildings placed close to the sidewalk,” the code says.

The building proposed for 150 E. 700 S. would be 155 feet long, well below the maximum 200 feet allowed in the zone.

Buildings over 65 feet tall in the D-2 district are required to go through the design review process to obtain approval.

Interested in seeing where developers are proposing and building new apartments in Salt Lake, or just want to support a local source of news on what’s happening in your neighborhood? Subscribe to Building Salt Lake.

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