1700 SOUTH
1.21-9.50 ACRES OF LAND ADJACENT TO $30+ MILLION PARK EXPANSION AND REDEVELOPMENT, 5 MINUTES FROM DOWNTOWN SLC.
The property is located on 1700 S, adjacent to the Jordan River, with nearby access to the I-15 and 2100 South Freeway. The site has immediate access to the Jordan Parkway trail, a 40-mile urban park that runs along the Jordan River. It also abuts the new SLC Glendale Park. SLC recently passed a parks bond and the amount already pledged to this regional park is $30+ Million. Verizon has a cell tower in the southwest corner of the property with a lease that extends nearly 20 years from now if all option periods are exercised. Assemblage will likely include affordable rental and homeownership opportunities through a public private partnership along with community amenities appropriate for the area. Partners include Salt Lake City, Salt Lake County, and Community Development Corporation of Utah.
PROPERTY MANAGEMENT
George Thomas: gthomas@blaser-ventures.com
385-242-1746
Address:
1083 West 1700 South, Salt Lake City UT
Asset Class:
Adaptive Re-use, Multifamily, Mixed Use, Community Amenity
Investment Type:
Acquisition & Development
Strategy:
Land Hold, Future Development
Asset Size:
200-700 Units of Housing (Rental & For Sale)
20-50K sq ft mixed use/retail/community
Acreage:
1.21 Acres up to 9.50 Acres
Delivery:
Assemblage & Planning
