From Building Salt Lake:
Builders are putting the finishing touches onto a mixed-income apartment building that replaces a former crime-ridden motel on State Street.
Capitol Homes will bring 93 new residences — two-thirds of them rent-restricted — to the Liberty Wells neighborhood. The building replaces the former Capitol Motel at 1749 S. State.
The building has been three years in the making, having secured public financing for about a quarter of the construction cost and endured sky-high costs for labor and materials amid a persistent global pandemic. The result will be some of the only newly constructed homes for extremely low-income residents in Salt Lake City.
The Housing Authority of Salt Lake City, which is responsible for constructing and managing the building, will rent units for as low as $323 a month for one of 73 one-bedroom units. Two-bedrooms will rent for as low as $533 a month, and one of the 12 three-bedroom units will rent for the same.
Read Building Salt Lake's article "New mixed-income apartment building nearing completion on site of former motel in Liberty Wells," featuring the Housing Authority of Salt Lake City.