Silos Park Apartments - Salt Lake City, UT
Silos Park Apartments is a 65-unit multifamily housing development, which is part of a mixed-use, mixed-income, multi-block masterplan within the Granary District of Salt Lake City. The project includes 6,700 SF of commercial space to support small and local businesses.
Catalyst Equity Investment: $6mm
Impact Thesis:
Provide affordable and workforce affordable housing options with the majority of units being priced at or below 80% AMI
Create access to a park, addressing the heat island effect experienced in the Granary District due to lack of tree canopy cover
Provide 6,700 SF of commercial space to support small and local businesses