Work starts on theYARD, which developers tout as a way people can live in a town house without paying a mortgage.
The new development — theYARD, at 125 S. Navajo Street in Salt Lake City’s Poplar Grove neighborhood — will be the city’s first build-to-rent urban master-planned community, said Darlene Carter, CEO of the developing firm, The complex, spanning 8.58 acres, is slated to contain 157 two- or three-bedroom town houses, with two-car garages and such amenities as walking trails, an outdoor pool, a picnic area, a clubhouse, green spaces, a community garden and a gym.
Carter said the group hopes the town homes will be a good value proposition, and a good alternative to higher-density buildings downtown. Wilson said she was “impressed … with Salt Lake City’s deliberate action in building housing that’s affordable, and C.W.’s commitment to provide housing that’s a little bit different. … The range of housing options in Salt Lake County is so important, as we look at cracking the nut on that affordability.”