Photo: Tobias Wilden / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Salt Lake City just opened 105 affordable apartments. They cost nearly $39 million to build. That’s about $371,000 per unit, by my math, and it’s the number worth arguing about. Latitude Apartments at 940 W. 200 South, in the Fairpark and Poplar Grove area, opened with all 105 units reserved for residents at or below 60% of area median income, KSL reported Nov.…
MarketSalt Lake City
105 Affordable Apartments Cost Nearly $39 Million in Salt Lake City. Utah Is Short 44,000.
Salt Lake City’s Latitude Apartments opens 105 income-restricted units at a reported cost near $39 million, as Utah faces an affordable rental housing shortage.
