The Salt Lake City Utah Condos market is currently experiencing a resurgence, with several new developments currently under construction in the downtown area. This resurgence is being driven by the Downtown Rising project, which incorporates the redevelopment of two shopping malls, encompassing more than 20 acres. The new multi-billion dollar City Creek Center will incorporate retail, office and condo residences when complete in 2012.
If you are in the market for downtown condo, you don't have to wait for the completion of the City Center Project, there are plenty of other condo developments.
The largest condo development in the central downtown area, is also one of Salt Lake's oldest condo developments. American Towers consists of two high-rise towers, with 357 units. The development provides an extensive set of amenities, including a swimming pool, games room, handball courts, exercise facilities, spas, and saunas. Another large condo development located on the west side of downtown is The Parc at Gateway Development. Built around the Gateway shopping mall, this is a modern condo development comprised of 152 units.
In order to support the increased demand for Salt Lake Condos, a large number of smaller condo developments have sprouted up in and around the downtown area. Examples of these are the Radi8, Armista, Rowhaus, West Capital Hill, and Kirtland condo developments. The Radi8 development is a good example of the latest trend to build environmentally friendly condos. They have been designed to comply with LEED certification, and feature Solar panels, tank less water heaters, a planted green rooftop, energy star appliances, and buildings materials made from low or no volatile organic compounds.
This Article was written by Tracie Peay. Tracie brings over a dozen years of real estate experience in helping people buy and sell Salt Lake City Homes , specializing Salt Lake City Real Estate and Park City Utah Condos .