Luxury apartments to rise in downtown Salt Lake City

Wasatch Advantage Group and Strategic Multifamily have entered into a joint venture agreement to construct a 122-unit luxury apartment complex at 150 S. 400 East in Salt Lake City. The project, called CityScape Apartments, will include amenities such as a rooftop courtyard and spa, business conference center, dog park, outdoor fireplace and barbecue areas. Construction is scheduled to begin in the fall. In 2007 and 2008 as Salt Lake Valley vacancy rates dipped below 5 percent, both Wasatch Adv...