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Transactions - SEPTEMBER 22, 2021

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SALT Development JV to build luxury apartment community

by Released

SALT Development and CenterCal Properties have plans to construct the Village Lofts, a new luxury apartment community in Riverton, Utah, that will feature resort-like amenities. The property is located within a short walking distance to Mountain View Village, Riverton’s premier mixed-use lifestyle center, set to open in May 2022.

Village Lofts is part of a 600-acre master development plan that will bring increased residential, office and retail development to the Greater Salt Lake area.

The 280-unit complex will feature a mix of studios, one- and two-bedroom units and is slated to open in early 2024.

The property will include 10,000 square feet of co-working office space, clubhouse, training/cooking kitchen, gym with yoga and spin rooms, spa, rooftop edge pool with waterfall and hot tub, and skydeck with barbecues, fire pits and cabanas.

Mountain View Village will offer best-in-class retail and lifestyle brands with more than 100 shops and restaurants w

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