Artspace buys acreage for new sustainable community
I told you a few weeks ago about this project, and how my company bid on it. It is unsure what the current status of that bid is. But anyways... they finally went public with the information.... The word is that the project will be roughly about the same size as the Bridges at CitiFront Condos. 290 units at the moment. Things could very easily change as the project evolves. So, we shall see. It is unknown what type of format or hieght the project will have yet.
Artspace’s Newest Creative Community Project
New Project Site
Artspace has purchased the former Utah Barrel and Scrap at 850 S 400 West in Salt Lake City. The 3.71 acre site is two blocks from a TRAX station.
Project Description
Artspace is designing an exciting mixed income, mixed use, new construction project with an emphasis on the arts and culture close to downtown:
Residential Component
Affordable apartments for low to moderate income households
Affordable homeownership or rent-to-own town homes for low to moderate income artist households.
Artist live/work spaces.
Commercial Component
Artist studios
Galleries
Nonprofit offices
Retail shops