SALT LAKE CITY | Development Thread

[delts145]

Salt Lake City & MSA/CSA Rundown

Central Metro - 'The Point' Development

Originally Posted by Blah_Amazing

https://www.sltrib.com/news/2022/12/...-central-park/

Updated info/renderings of the first phase of The Point

Interesting snips from that article:

Quote:
The Point’s construction will be some of the densest seen anywhere in Utah, rivaling that of downtown Salt Lake City, according to Abbey Ehman, a spokesperson for Innovation Point Partners, the consortium of development firms teaming up with the state.

Quote:
With Utah in the midst of a dire lack of affordable homes, the plans also call for more than 3,000 multifamily units — all intended as state-owned rentals at this stage.
Up to 20% of those dwellings will be kept more affordable, with a stated intent of creating a new community “for Utahns from all walks and stages of life.”

Quote:
The Point also centers on mixing land uses, with no more than half the acreage devoted to residential and with homes threaded closely with commercial spaces.
She and others said that mixed-use approach — and reliance on two planned transit stations serving The Point on a specially built TRAX extension — are central to The Point’s success.

Quote:
Demolition of the old prison started last month and will stretch well into next year. After installation of critical utilities for The Point, vertical construction could begin as early as 2026, although officials say that will be flexible and driven by market conditions.