Rowland Hall Redevelopment Opportunity
4.95 acres
Marketing description
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the Rowland Hall Redevelopment Site (the “Site”), a premier 4.95-acre redevelopment opportunity located in the highly desirable 9th & 9th neighborhood of Salt Lake City, Utah. The previous owner, Rowland Hall has entered a leaseback, providing near-term income to the next owner as development plans commence.
This offering presents a rare opportunity to acquire nearly 5 acres of contiguous, highly sought-after land in one of Salt Lake City’s most desirable submarkets. The Site invites visionary developers to reimagine its potential and shape the future of the 9th & 9th neighborhood through a transformative redevelopment project through rezoning the parcel.
Investment highlights
Premier Location in Salt Lake City's 9th & 9th Neighborhood
As one of the city’s most walkable areas, 9th & 9th neighborhood is known for its boutique retail, vibrant dining scene, and strong residential demand. Average home values within a 1-mile radius exceed $760,000, reflecting the neighborhood’s desirability. With strong multifamily rental rates and premium retail rents, this submarket is ideal for mixed-use development.
Proximity to World-Class Education & Healthcare
The Site is minutes from the University of Utah, ranked the #1 public university in the West, and major medical hubs like Huntsman Cancer Institute and the upcoming Intermountain Health urban hospital. These institutions bring tens of thousands of jobs and ensure enduring demand for housing in the area.
Unmatched Access to Outdoor Recreation
The Site offers direct access to the Bonneville Shoreline Trail System via Emigration Canyon, offering over 100 hiking trails. The Site is also within 45 minutes of Utah’s world-class ski resorts including Park City, Alta, Snowbird, Solitude, and Brighton.
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