Office parks · Utah

IBM Building

Imported, unreviewedRedevelopedRetrofit builtSalt Lake City, UT

Office-park (built) redeveloping to housing; supported by housing market data and county construction activity. Nearby sites include demolished malls and operating retail. · summary, model-written

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Site profile3 elements · what this retrofit is built with · tap a chip for the evidence

Place

3+ other atlas sites within 10 km

This site: 8 within 10 km computed · all sites with this

Strategy

Redeveloped

This site: The Source record · all sites with this

New use

Housing

This site: …new_use field newtypes-extraction · all sites with this

All elements and lists · Trends

Now

Status	Retrofit builtWikipedia no source
Strategy	RedevelopedWikipedia no source
New uses	housingWikipedia no source
What is there now	The Sourcenewtypes-extraction reported
Redeveloper	Woodbury Corporationnewtypes-extraction reported

Site context

Housing permits, Salt Lake County (UT), 2024	1,579 units in 5+ unit buildings, 123 in 2–4, 2,848 single-family; 2023: 5,437 in 5+Census BPS
Other atlas sites nearby	8 within 10 km, 11 within 25 km: 265 E. 100 S. (0.3 km); ZCMI Center Mall (0.7 km); Main Street Malls (0.9 km); Crossroads Plaza (1.0 km); Trolley Square (1.5 km)computed
Retail trade in the county, 2025 (BLS QCEW)	70,766 jobs in 4,228 establishments; average annual pay $51,018; employment location quotient 0.89; employment -2.7% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 2022	5,369 jobs; 64 in retail trade, 239 in accommodation and food (workplace blocks summed to tract 49035102100)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)	children of low-income (25th percentile) families reached the 44th income percentile as adults; -1.1% incarcerated at the 2010 count (159 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)	not a low-access tract at 1 mile; poverty rate 22.1%; median family income $43,068; 156 SNAP householdsUSDA ERS
Schools	Salt Lake City School District (PK-12); 5 public schools within 1 mile: City Academy; Open Classroom; Salt Lake Center for Science Education Bryant; M. Lynn Bennion SchoolNCES EDGE
Elevation	4,370 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025	199 county-logged events: 152 thunderstorm wind, 27 hail, 9 flash flood, 6 flood; $28,244,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 84111, 2026-09	median list price $499,999 (+14.3% on the year); 44 active listings; median 99 days on market; 52% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 2023	3,495 establishments (+3%); 73,296 jobs (+30%)Census CBP
Housing market in the county	typical home value $567,330 (+1% 1 yr, +13% 5 yr); typical rent $1,644/mo (+1% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)	29,157 vehicles a day on SOUTH TEMPLE ST - 0 S (minor arterial, 4 lanes); 40 counted segmentsFHWA HPMS

Summary, model-written

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

What we do not know yet

'The Source' note unexplained
No current occupancy/vacancy data
No details on redevelopment timeline or costs
County growth rate source not specified

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

Main Street Malls, Salt Lake City, UT · Malls · same strategy: redevelop; also in UT; 1 km away
Cottonwood Mall site, Holladay, UT · Malls · same strategy: redevelop; also in UT; 12 km away
Central Village, Sandy, UT · Office parks · same strategy: redevelop; also in UT; 22 km away
265 E. 100 S., Salt Lake City, UT · Office parks · same strategy: redevelop; also in UT; 0 km away

Elsewhere on the web

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Multifamily screen

retrofit already built
county grew 5.7% 2018–23
median rent $1,493
housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

County	Salt Lake County
Census division	8 · Mountain
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.

Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.

Sources

IBM Built it as an Office Building. Now it's Been Turned Into Apartments
1 quoted sentence
IBM Building

Cite

Retrofit Atlas (2026). "IBM Building, Salt Lake City, UT." Record n-61ca8b01f0, imported, unreviewed. Built on the public Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed. https://retrofitatlas.org/office-parks/ut/salt-lake-city-ibm-building/ (accessed 2026-10-21).

BibTeX

@misc{retrofitatlas_saltlakecityibmbuilding,
  title = {IBM Building, Salt Lake City, UT},
  author = {{Retrofit Atlas}},
  howpublished = {\url{https://retrofitatlas.org/office-parks/ut/salt-lake-city-ibm-building/}},
  year = {2026},
  note = {Record n-61ca8b01f0, release 2026-10-21, tier: draft. Built on the Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed on the record. Accessed 2026-10-21}
}

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