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Lincoln, ACORE Converting Historic SLC Foundry
Lincoln Property Company and ACORE CAPITAL launched Foundry43, the new identity for the former Industry SLC historic structure. The property was created through the adaptive reuse of a distinctive industrial landmark in Salt Lake City. (photo courtesy Salt Lake Tribune)
ACORE enlisted Lincoln to help stabilize and reposition this mixed-use development at the former steel foundry site. Together, the partners have been making meaningful investments into the property to restart construction and have now completed the parking structure and retail space.
The Former Industry SLC building Reimagined as Foundry43 will build upon the existing 230,000 square foot office campus by delivering 64,000 square feet of additional creative office space, a 34,000 square foot fitness center, 12,000 square feet of new retail, and a 1,000-stall parking garage in the heart of the Granary Neighborhood.
JLL has been retained to lead leasing efforts for the property.
- ◦Development
