SALT LAKE CITY (ABC4 Utah) Salt Lake City officials have a new vision for what to do with the old Barnes Bank building near 4th South and 3rd East. It's the large, multi-story black building sitting right beside the Public Safety Building.
The city on Monday announced it is taking bids from developers for the 2.3 acre site. Plans include something called "micro units" that will rent for $500 a month. Mayor Jackie Biskupski hopes it will serve people working full time, but only making $10 an hour.
"A minimum of 40 micro unit apartments," says the Mayor. She describes them as "efficient, well designed and offer the best of urban living." Biskupski says they "will provide individuals making less than 20 thousand per year the opportunity to find a level of stability in their living situation."
The project will also include larger units for families of 4 making less than $44,000 a year. It will also be designed to include space on ground level for start up businesses.
The city will be taking bids from developers until April and hopes to see ground broken on the project in early 2018.
The Salt Lake Roasting Company is included in the development parcel, but don't worry, it will not be going away. One of the oldest coffee cafes in the city will simply be moving a few blocks east on 400 South. The new location will be 820 East, 4th South.
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