Centered in an ideal location between the Great Basin and the Rocky mountains, Salt Lake City, Utah is the center of the metropolitan area known as the Wasatch Front, home to more than two million people. Although famous for world-class skiing, climbing, kayaking, hiking and just about any other outdoor recreation pursuit you can imagine, Salt Lake City is also a national leader in industrial banking, medical research and information technology, with industry representation ranging from Intel and Micron to Rio Tinto and Wells Fargo.

Salt Lake City and Utah as a whole are experiencing unprecedented growth, with Utah consistently ranking in the top eight fastest growing states in the nation. Downtown Salt Lake City is currently undergoing a major revitalization, with a project known as the City Creek Center taking center stage. Comprising over twenty acres of prime real estate in the downtown financial district, City Creek Center promises hundreds of residential condos, a strong retail element anchored by Nordstrom, Macy's, and Dillard's, extensive office space, restaurants and cultural amenities featuring a walkable urban aesthetic. City Creek Center is slated for a 2011 opening, affording the developers of 508 East South Temple a unique opportunity to “beat” this massive project to market.

Click here for a full market analysis prepared by Wasatch Front Realty Group.