Westminster Student Housing project Refinance

March 30, 2013 | Sales and Leasing
By Woodbury Corporation

Westminster Student Housing project Refinance

Sales and Leasing
By Woodbury Corporation
Westminster Student Housing project Refinance

Woodbury Corporation would like to announce the successful refinance of the Westminster Student Housing project — a mixed-use student housing, retail and office project located in Salt Lake City (Sugar House), UT. Woodbury would like to thank its life company financing partner as well the mortgage brokers that made this possible.

The site is strategically located at 1300 E. and 2100 S., one of the key corners in the Sugar House community. The development helps fulfill Westminster’s master plan to create an urban campus with nodes of mixed use facilities throughout the Sugar House central business district. The project is located adjacent to the Draw at Sugar House Park project, which is a section of public trail that connects Sugar House Park with Hidden Hollow and the Sugar House business district.The Westminster Sugar House Mixed Use project consists of 164 student beds that will be operated by Westminster College, roughly 8,400 square feet of ground floor retail space fronting 1300 East, and a 14,000 square foot academic center located in the project’s garden level. Westminster will use the academic space for conferences, classrooms and other academic programming. The development also includes a 266-stall four-story parking structure.