DOWNTOWN FIRE SALE: Prime High-Density Redevelopment Site From the ashes rises the best development opportunity of 2026. Following extensive fire damage to the historic structure last year, the Chateau Normandie site is now positioned as a premier land play. This is no longer a renovation project-it is a shovel-ready concept for a modern multi-family masterpiece. HIGHEST & BEST USE: TEAR DOWN & BUILD UP The Height: Located in a zone with increasing vertical allowances. Maximize your FAR (Floor Area Ratio) with a mid-to-high rise luxury complex. WHY DEVELOP HERE? The "Olympic Buzz": With the 2034 Winter Olympics secured, Salt Lake City is entering a "Golden Decade" of investment. Land values are projected to skyrocket-secure your footprint now. Housing Crisis Demand: Downtown vacancy is near zero. The demand for modern, efficient housing is outpacing supply by a massive margin. Walkable Lifestyle: Future tenants will be steps from the TRAX line, City Creek, and the central business district. This is a blank canvas in a land-locked city. Stop fighting with old plumbing and historic preservation committees. The fire has cleared the path for a new legacy.
