As part of an ongoing effort to alleviate parking woes in Salt Lake City, PEG Companies and our development partner Clearwater Homes teamed up with with CityLift to construct the first standalone mechanical car lift system in Utah, a seven-level, 112-parking space system that will maximize space at Paperbox Lofts by stacking and organizing vehicles. This development is also Utah’s first project to break ground in a Qualified Opportunity Zone.
Paperbox Lofts
- Developer: PEG Development/Clearwater Homes
- General Contractor: Rimrock
- Architect: VCBO
- Asset Type: Residential
- Square Footage: 208,861
- Height: 70 Feet
- Stories: 5
- Number of Units: 184
- Completion: Q3 2021
- Key Amenties: Car stacker parking lift system, live work units, club room, wellness center, pocket park, bbq firepits