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Phoenix & Southwest  + Southwest  + Apartments  |  February 3, 2025
The Edison to go up in SLC with help of $60M construction loan
Mike Boyd
By: Mike Boyd

PCCP Provides $60M Loan for 201-Unit SLC Apartment Complex

PCCP provided a $60 million senior loan to J. Fisher Companies for the construction of The Edison, a seven-story, 201-unit multifamily community located at 256 South 200 East in downtown Salt Lake City. Construction will commence next month, and completion is anticipated for February 2027. 

The Edison will have five residential stories over two levels of parking (158 stalls) and 7,800 square feet of ground-floor retail. The unit mix will consist of 40 junior one-bedroom units, 105 one-bedroom units, and 56 two-bedroom units with an average size of 823 square feet. Community amenities will include a swimming pool, hot tub, sauna, fitness center, golf simulator, arcade, clubhouse, co-working space, outdoor fireplace, and a courtyard with barbeques. 

Located in downtown Salt Lake City, The Edison is close to restaurants, retail, the Delta Center, and Salt Palace Convention Center.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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