127 W Albermarle Ave, Salt Lake City, UT 84101

Development site in the HEART of the Ballpark District. Located right next to Smith's Ballpark. CIty recently rezoned to MU-8 which will allow for buildings up to 8 stories high. Additional stories may be allowed on top of that if certain incentives are met. This is an awesome opportunity to jump in and be apart of the remaking of the Ballpark district. There is movement on parcels all around this lot. Tradition Pointe Apartments is near completion. Right next to this parcel Abstract Development is building a beautiful Mixed Use Multi Family building. Other big names like Colmena Group owns large portions of land in this area. The city has a draft of the preferred concept for the Ballpark that will be presented to the RDA Board (City Council) at their December meeting where the public will have an opportunity to provide input. The concept will then continue to be refined and finalized in Q1 of 2025. Central 9th went through this same process a few years back and now property values … read more …