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  • Weber County approves mixed-use development

    The Weber County Planning Commission approved the master plan for 46.14 acres at 3600 N. Highway 40. Mike Christensen with JT Wasatch Commons LLC proposed to build 224 apartments, 324,085 square feet of commercial, office and hotel space.

  • Woodbury VP Elected President of International Real Estate Organization

    Grandfather was President 50 Years Ago

     
    By Kelly Lux
    Real Estate News Utah Editor
     
    In his youth, O.
  • Salt Lake City high rise is ready for occupancy on Main

    (Deseret News) Salt Lake City building officials gave the 22-story high rise at 222 S. Main a certificate of occupancy Monday, but it looks like few workers will be occupying it for now.

    The building's developer, Hamilton Partners of the Chicago area, has only 20 percent of the building leased, said Bruce Bingham, a founding partner of Hamilton, at a roundtable discussion of downtown development Tuesday. That's the same occupancy rate that was reported in April.

    "We anticipate folks will start moving into the building in January," Bingham said.

  • S.L. County office vacancy rate up 15 percent

    (Deseret News) Salt Lake County's office vacancies rose to 15 percent at the end of the third quarter, up from 13.6 percent in the second quarter, according to figures from Commerce CRG.

    Class B and C buildings have been hardest-hit, with each showing a 35-percent increase in vacancies in the past year.

    Commerce CRG also said that industrial lease rates are declining. Rents fell about 10 percent by the third quarter, compared with a 23.4 percent rise in 2008.

    Commerce CRG, based in Salt Lake City, has five Utah offices and a Las Vegas office.

  • 12-acre multi-use develoment proposed for Saratoga Springs

    At a meeting of the Saratoga Springs Planning Commission, Ryan Bybee with Cadence Capital proposed a site plan for a 12-acre, multi-use development. The project would include retail, office and storage buildings. Bybee plans to build the development in phases, with phase one consisting of a 5,500-square-foot retail strip, a car wash and an auto shop. The Saratoga Springs City Council will review the proposal.

  • Renovation of Franklin Templeton Investments completed by Icon Design

    The renovation of the Franklin Templeton Investments in the America Plaza II building, 57 W. 200 South, Salt Lake City,  was completed by Icon Design. Common areas from lobbies to break rooms and staff areas, as well as upgrades to the building systems and elevators, were completed in the 90,000-square-foot-building. Icon collaborated with SL&A Architects. Big D Construction was the contractor. (The Enterprise)

  • UTA drawing fire over South Salt Lake office-park plan

    SOUTH SALT LAKE (Deseret News) — University of Utah graduate student Sarah Morrow lives on the edge of her industrial suburb, tucked between the county jail and a regional transit station on one side and busy 3900 South on the other.

    But Morrow recently explained to one of her classes that she and her neighbors at the River Run Condominiums feel a sense of quiet and seclusion despite the hubbub, all because of a 62-acre vacant field and a lack of immediate access to the main roads.

  • Summer Symposium: The Office Market

    By Ken Holman

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