Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the Lamplighter Mixed-Use Site (the “Site”), a premier 1.29-acre development parcel zoned MU-2 and MU-3, located in the prestigious East Bench submarket of Salt Lake City, Utah. In addition, to this offering, the adjacent 0.35-acre (currently zoned R-1-7000) parcels are separately available, providing a developer a contiguous 1.64-acre site of highly coveted land through rezoning, potentially allowing for a total of 28+ townhomes to be built (see OM). Mixed-use zoning requires at least one building in the development to feature ground floor activation, which may be achieved if the townhomes fronting Foothill Drive are built as live-work units.
This offering presents a rare opportunity to secure developable land in the heart of the Mountain West’s fastest growing metro. Located on Foothill Drive, the Site offers exceptional visibility, strong demographics, and proximity to the University of Utah, Research Park, and major medical centers. Situated in the East Bench, one of Salt Lake City’s most affluent and supply constrained neighborhoods, it is ideally suited for high-end development serving both residential and commercial demand.