{"id": "n-61ca8b01f0", "slug": "salt-lake-city-ibm-building", "type": "office-park", "name": "IBM Building", "aka": [], "city": "Salt Lake City", "county": "Salt Lake County", "state": "UT", "country": "US", "census_division": 8, "lat": 40.76929, "lon": -111.88102, "geocode_method": "census-address", "address": null, "metro": null, "original_use": "office", "year_opened": null, "year_closed": null, "acres": null, "gla_sqft": null, "stores_peak": null, "levels": null, "original_developer": null, "original_architect": null, "before_notes": "Draft from buildingsaltlake.com, model-extracted, unreviewed: The IBM Building, originally an office building, was converted into Class A apartments known as The Source.", "strategy": ["redevelop"], "new_use": ["housing"], "share_retrofit": null, "status": "built", "year_retrofit": null, "developer": "Woodbury Corporation", "architect": "FFKR", "after_notes": "The Source", "narrative": null, "narrative_license": null, "narrative_source": null, "zoning_change": null, "public_subsidy": null, "entitlement_year": null, "planning_notes": null, "wikidata_qid": null, "wikipedia": null, "osm_id": null, "verified": "draft", "verified_by": null, "last_verified": null, "last_updated": "2026-10-18", "created": "2026-10-18", "contributor_name": null, "contributor_org": null, "contributor_link": null, "international": 0, "county_fips": "49035", "opp_score": 0.0, "opp_reasons": ["retrofit already built", "county grew 5.7% 2018–23", "median rent $1,493", "housing in the record"], "for_sale": 0, "distressed": 0, "url": "https://retrofitatlas.org/office-parks/ut/salt-lake-city-ibm-building/", "events": [], "sources": [{"id": 7770, "site_id": "n-61ca8b01f0", "url": "https://buildingsaltlake.com/woodbury-wraps-up-conversion-of-ibm-building-from-office-to-class-a-apartments/", "title": "IBM Built it as an Office Building. Now it's Been Turned Into Apartments", "publisher": "buildingsaltlake.com", "date": null, "quote": "IBM Building", "kind": "news", "license": null, "retrieved": "2026-10-18"}], "deals": [], "parties": [{"name": "Woodbury Corporation", "kind": "developer", "role": "developer", "year_from": null, "year_to": null}], "parcels": [], "context": {"assessment": {"what_happened": "The IBM Building (office-park, built) is planned for redevelopment into housing. The Woodbury Corporation developer is the sole party listed. The site is already constructed and not a former mall.", "why": "Housing market data shows strong demand (ZHVI $567k, 1.2% annual growth). Salt Lake County saw 5.7% population growth (2018–2023) and active residential construction (2023–2024 permits: 2,848 units).", "where_it_stands": "Within 10km of 8 sites: 2 proposed (265 E. 100 S., Lincoln Plaza), 2 demolished (Crossroads Plaza), 2 closed (Trolley Square, The Gateway), 1 built (Main Street Malls), 1 operating (Salt Lake Hardware Building).", "for_a_planner": ["No retail trend data relevant to housing conversion", "Traffic: 4-lane minor arterial (29,157 ADT)"], "for_a_developer": ["Housing market supports conversion (median rent $1,493 cited)", "Permit data confirms active residential development in county"], "risks_and_unknowns": ["'The Source' note unexplained", "No current occupancy/vacancy data", "No details on redevelopment timeline or costs", "County growth rate source not specified"], "data_quality": "partial", "one_line": "Office-park (built) redeveloping to housing; supported by housing market data and county construction activity. Nearby sites include demolished malls and operating retail.", "model": "qwen3-30b-a3b-64k:latest", "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)", "record_sha1": "55a857accb65"}, "cluster": {"within_10km": [{"id": "n-4c3a3885ee", "name": "265 E. 100 S.", "city": "Salt Lake City", "status": "proposed", "km": 0.3}, {"id": "m-ad492dac6c", "name": "ZCMI Center Mall", "city": "Salt Lake City", "status": "unknown", "km": 0.7}, {"id": "m-867447f74e", "name": "Main Street Malls", "city": "Salt Lake City", "status": "built", "km": 0.9}, {"id": "m-082f69a2d2", "name": "Crossroads Plaza", "city": "Salt Lake City", "status": "demolished", "km": 1.0}, {"id": "m-d0eefd0e96", "name": "Trolley Square", "city": "Salt Lake City", "status": "closed", "km": 1.5}, {"id": "n-756cb609c8", "name": "Salt Lake Hardware Building", "city": "Salt Lake City", "status": "operating", "km": 1.8}, {"id": "m-ebe3aa9489", "name": "The Gateway", "city": "Salt Lake City", "status": "closed", "km": 1.9}, {"id": "n-e24bed0256", "name": "Lincoln Plaza strip mall", "city": "Salt Lake City", "status": "proposed", "km": 3.1}], "count_10km": 8, "count_25km": 11}, "elevation": {"elevation_ft": 4369.6, "resolution": 1, "source": "USGS EPQS (3DEP)", "retrieved": "2026-10-20"}, "food_access": {"tract10": "49035102100", "urban": 1, "lila_1_10": 0, "low_access_1mi": 0, "poverty_rate": 22.0662549129702, "median_family_income": 43068.0, "snap_households": 156.0, "pop2010": 1457.0, "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)", "retrieved": "2026-10-20"}, "housing_market": {"zhvi": {"latest": 567330, "month": "2026-09", "change_1y": 0.012, "change_5y": 0.126}, "zori": {"latest": 1644, "month": "2026-09", "change_1y": 0.008, "change_5y": 0.123}, "county_fips": "49035", "source": "Zillow Research (ZHVI, ZORI)"}, "jobs_lodes": {"tract20": "49035102100", "jobs": 5369, "retail_jobs": 64, "food_accommodation_jobs": 239, "year": 2022, "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract", "retrieved": "2026-10-20"}, "listings": {"zip": "84111", "month": "202609", "median_listing_price": 499999, "median_listing_price_yy": 0.143, "active_listing_count": 44, "median_days_on_market": 99, "price_reduced_share": 0.5173, "pending_ratio": 0.2184, "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)", "retrieved": "2026-10-20"}, "opportunity": {"tract10": "49035102100", "kfr_p25": 0.4448, "jail_p25": -0.0109, "kids_count": 159.1032, "commuting_zone": "Salt Lake City", "vintage": "children born 1978-83, outcomes measured 2014-15", "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)", "retrieved": "2026-10-20"}, "peers": {"peers": [{"id": "m-867447f74e", "name": "Main Street Malls", "city": "Salt Lake City", "state": "UT", "score": 6.5, "why": ["same strategy: redevelop", "also in UT", "1 km away"]}, {"id": "m-d1390721b9", "name": "Cottonwood Mall site", "city": "Holladay", "state": "UT", "score": 6.0, "why": ["same strategy: redevelop", "also in UT", "12 km away"]}, {"id": "n-5900853e3f", "name": "Central Village", "city": "Sandy", "state": "UT", "score": 5.5, "why": ["same strategy: redevelop", "also in UT", "22 km away"]}, {"id": "n-4c3a3885ee", "name": "265 E. 100 S.", "city": "Salt Lake City", "state": "UT", "score": 5.5, "why": ["same strategy: redevelop", "also in UT", "0 km away"]}, {"id": "m-082f69a2d2", "name": "Crossroads Plaza", "city": "Salt Lake City", "state": "UT", "score": 5.0, "why": ["same strategy: redevelop", "also in UT", "1 km away"]}, {"id": "n-39428c1a95", "name": "Shops at South Town", "city": "Sandy", "state": "UT", "score": 5.0, "why": ["same strategy: redevelop", "also in UT", "22 km away"]}], "method": "size, era, strategy, status, type, state, distance"}, "permits": {"county": "Salt Lake County", "2024": {"units_1": 2848, "units_2_4": 123, "units_5plus": 1579, "value_total": 1285207139}, "2023": {"units_1": 2572, "units_2_4": 306, "units_5plus": 5437, "value_total": 1969574680}, "retrieved": "2026-10-18"}, "qcew_retail": {"county": "49035", "year": 2025, "establishments": 4228, "employment": 70766, "avg_annual_pay": 51018, "lq_employment": 0.89, "employment_change_1y": -2.7, "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private", "retrieved": "2026-10-20"}, "retail_trend": {"2012": {"estab": 3398, "emp": 56288}, "2023": {"estab": 3495, "emp": 73296}, "estab_change": 0.029, "emp_change": 0.302, "county_fips": "49035"}, "schools": {"district": "Salt Lake City School District", "district_geoid": "4900870", "grades": "PK-12", "district_vintage": "SY2024-25", "public_schools_1mi": 5, "schools": ["City Academy", "Open Classroom", "Salt Lake Center for Science Education Bryant", "M. Lynn Bennion School", "Salt Lake Virtual Elementary"], "schools_vintage": "SY2023-24", "source": "NCES EDGE", "retrieved": "2026-10-20"}, "storms": {"county": "49035", "years": "2016-2025", "events": 199, "by_type": {"Thunderstorm Wind": 152, "Hail": 27, "Flash Flood": 9, "Flood": 6, "Heavy Rain": 2, "Debris Flow": 2, "Funnel Cloud": 1}, "property_damage_usd": 28244000, "deaths_direct": 0, "injuries_direct": 1, "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted", "source": "NOAA NCEI Storm Events Database, details files", "retrieved": "2026-10-20"}, "traffic": {"max_aadt": 29157, "trucks_aadt": null, "road": "SOUTH TEMPLE ST - 0 S", "class": "minor arterial", "lanes": 4, "segments_600m": 40, "year": "2024", "source": "FHWA HPMS", "retrieved": "2026-10-20"}}, "elements": [{"slug": "place-mall-cluster", "name": "3+ other atlas sites within 10 km", "group_": "place", "evidence": "8 within 10 km", "origin": "computed"}, {"slug": "strategy-redevelop", "name": "Redeveloped", "group_": "strategy", "evidence": "The Source", "origin": "record"}, {"slug": "use-housing", "name": "Housing", "group_": "use", "evidence": "new_use field", "origin": "newtypes-extraction"}], "details": {}, "photos": [], "provenance": {"after_notes": "newtypes-extraction", "developer": "newtypes-extraction"}, "restricted_fields": {"parcels": ["owner_addr", "assessed", "taxable", "tax_amount", "sale_price", "deed_ref"], "deals": ["price", "price_per_acre", "price_per_sqft", "loan_amount", "asking_price"], "how": "free API key: POST /api/v1/keys {\"email\": …}"}}