New pedestrian-friendly Paperbox Lofts opens in Salt Lake City, including affordable apartments.
, a privately owned packaging company founded in 1914 that occupied the site until it relocated in 2013 to new headquarters at 920 S. 700 West. Officials from the company attended Thursday’s gala, in part to thank the city for help with the relocation.
Paperbox Lofts also took nearly eight years from conception to completion, with construction that started in 2019 slowed by the brunt of the pandemic. Jeff Warr, chief legal officer for PEG Cos., said the past two years of work “felt more like 16.”In addition to a small public park, amenities in the new living complex include a clubhouse with gaming center, a communal outdoor kitchen and a sports-watching venue for residents, to be called the Locker Room.
Mayor Erin Mendenhall and City Council member Alejandro Puy, who currently heads the RDA board, attended Thursday’s ribbon-cutting to launch Paperbox and praised a series of partnerships that helped create its affordable units. City leaders and guests attend a ribbon-cutting Thursday, June 22, 2023, for Paperbox Lofts, a new mixed-use development at 160 S. 300 West with 195 apartments, 39 of which will be kept more affordable. Pictured is the stacked parking garage, featuring a seven-level mechanized puzzle that can accommodate 126 cars that move up and down and sideways.
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