{"id":1004188615,"date":"2017-08-25T06:01:11","date_gmt":"2017-08-25T14:01:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004188615"},"modified":"2022-12-08T16:05:54","modified_gmt":"2022-12-09T00:05:54","slug":"domain-cos-expands-into-slc-with-110m-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/domain-cos-expands-into-slc-with-110m-project\/","title":{"rendered":"Domain Cos. Expands Into SLC With $110M Project"},"content":{"rendered":"

By Ariela Moraru<\/p>\n

\"The<\/a>

The Exchange<\/p><\/div>\n

KTGY Architecture + Planning have unveiled the preliminary design for The Exchange, a new mixed-use development by The Domain Cos. and the GIV Group that hopes to revitalize downtown Salt Lake City. The $110 million development represents The Domain\u2019s first foray into the Salt Lake City multifamily market and is expected to break ground in fall 2018. The design envisions a pedestrian- and transit-oriented district that features affordable and market-rate apartments, business incubator space, creative office space and ground-level retail and restaurant space.<\/p>\n

Out with the old<\/h2>\n

Located at 320 E. 400 S. and 338 E. 400 S., on two city-owned, 2.2-acre sites, the project is intended to replace three under-used retail and commercial buildings with nine stories of residential, retail and co-working spaces. The parcels include the old five-story Barnes Bank building and the two-story Salt Lake Roasting Co., directly north and east of the city\u2019s public safety building, and a 25,000-square-foot surface parking lot. The development is directly along the TRAX light rail system line and serves as a cornerstone of the ongoing development along 400 S. and the city\u2019s civic campus.<\/p>\n

In with the new<\/h2>\n

The current design features two buildings, divided by Blair Street, and includes:<\/p>\n