Granary Flats Multifamily Land
Proposed: 330 Units | Multifamily Land | Downtown Salt Lake City
Marketing description
Granary Flats is a high-density urban multifamily development site in Salt Lake City’s Granary District for Sale or Joint-Venture. It is a vibrant mixed-use corridor complete with breweries, eateries, creative businesses, and mixed-use developments. Its CG (General Commercial) zoning supports multifunctional residential use: residential components alongside retail, office, entertainment, and—by right up to 75 ft, with design review enabling up to 105 ft if in accordance with specific provisions. Salt Lake City’s Granary District Area Plan charts a 2–10 year timeline of multimodal infrastructure improvements: safer intersections, buffer bike lanes, mid-block walkways, upgraded sidewalks, and increased TRAX transit access—including a nearby 900 South station and proposed new stops within the district—crafting an urban environment tailored for high-density living. Real estate trends and city strategies emphasize dense infill near transit to reduce car dependency, enhance air quality, and support population growth and housing supply. The site is positioned to benefit from largescale redevelopment like the new Fleet Block— underscoring its role in the district’s urban evolution Backed by Utah’s pro-growth economic climate—ranked repeatedly among the top five states for business by Forbes since 2010, with low costs, strong workforce availability, & 2034 winter olympics —this site represents an impactful canvas for a dense, transit-oriented multi-family project in the heart of downtown Salt Lake City.
Investment highlights
Granary Flats is a 1.81 acre, high-density, transit-oriented multifamily development site in Salt Lake City’s Granary District, offering up to 75 ft by‑right (with design review enabling 105 ft), situated amid rising infrastructure investment—bike lanes, sidewalks, TRAX expansion—and Utah’s top-tier pro-business environment, making it a strategic canvas for impactful urban housing.
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