Salt Lake officials OK plan for nearly 8,800 housing units

SALT LAKE CITY — Officials have approved a proposal for nearly 8,800 new houses and apartments southwest of Salt Lake City despite opposition from city leaders in the area. The Salt Lake Tribune reports the Salt Lake County Council approved a zoning change Tuesday allowing the Olympia project to proceed. Project developers are planning for Read more about Salt Lake officials OK plan for nearly 8,800 housing units[…]

Facebook to build data center in Utah

SALT LAKE CITY — Facebook will build a nearly 1 million-square-foot data center in Utah that officials say will bring millions of dollars to the region. Gov. Gary Herbert and other state officials unveiled plans for the project Wednesday, after days of speculation about a mysterious company interested in a facility 40 miles (64 kilometers) Read more about Facebook to build data center in Utah[…]

Security Properties Acquires Elk Meadows Affordable Housing Community in Park City, Utah

PARK CITY, UT – Security Properties acquired Elk Meadows, a 96-unit multifamily affordable housing property in Park City, Utah. Elk Meadows is a garden-style community comprised of family units that are income restricted. The property was originally developed in 1993 utilizing Low-Income Housing Tax Credits (LIHTCs) from the Utah Housing Corporation (UHC). A Regulatory Agreement Read more about Security Properties Acquires Elk Meadows Affordable Housing Community in Park City, Utah[…]

Study shows UT housing could soon be out of control, impacting economic growth

SALT LAKE CITY, Utah (News4Utah) – The Salt Lake Chamber commissioned a study on affordable housing, and it shows a dire situation if steps aren’t taken soon. While some industries are able to keep up, the employees in others are being priced out of certain areas. The full details of the study aren’t set to Read more about Study shows UT housing could soon be out of control, impacting economic growth[…]

Churches face obstacles under high Utah real estate costs

SALT LAKE CITY — Churches looking to expand are struggling to find affordable land under Utah’s high real estate prices. Saints Peter and Paul Orthodox Christian Church in Salt Lake City is among the congregations facing obstacles caused by the high cost of land, The Salt Lake Tribune reported last week. The parish has overgrown Read more about Churches face obstacles under high Utah real estate costs[…]

Salt Lake City Apartment Complex Wins Development of the Year

SALT LAKE CITY, April 4, 2018 (Newswire.com) – Wood Partners, a leader in real estate development and construction, announced their downtown development, Alta Gateway Station, has been named “Development of the Year” by the Utah Apartment Association. The Utah Apartment Association hires a secret shopper to shop all of the nominated properties. Properties are judged Read more about Salt Lake City Apartment Complex Wins Development of the Year[…]

Salt Lake City ax-throwing venue approved to serve beer

SALT LAKE CITY — Despite safety concerns, a recreational ax-throwing venue in Salt Lake City has been approved for a license to serve beer. The state liquor commission approved on Tuesday Social Axe Throwing’s request for a recreational beer license. The business asserted that it’s “substantially similar” to other recreational businesses that serve beer. Social Read more about Salt Lake City ax-throwing venue approved to serve beer[…]