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Media contact: Ben Lockhart, Jacobsen Construction | email@example.com | 801.699.0653
SALT LAKE CITY — Construction of the 40-floor Astra Tower luxury residential high-rise officially broke ground Wednesday, marking a significant milestone in the history of Salt Lake City’s skyline and its downtown residential offerings.
Prominent civic and business leaders joined Park City-based developer Kensington Investment Company, global design firm HKS and Salt Lake City general contractor Jacobsen Construction Company in the ceremonial turning of dirt at 200 S. State Street.
“Increasingly, people want to both live and work in the heart of Salt Lake City, because it offers not only innovation and growth but also the thrilling experiences of a highly accessible, active and exciting day-to-day urban lifestyle,” said Salt Lake City Councilmember Ana Valdemoros. “The Astra Tower will accelerate and accentuate all of these strengths of Salt Lake.”
Astra Tower will consist of 372 luxury home apartments, all of them for rent, when completed in Fall 2024. The tower will also be an exemplary steward of the natural environment and will push the skyline higher than ever as Utah’s tallest building.
“Astra Tower will show what Salt Lake City is going to become in the future. This building will be remarkable for much more than its height. Its completion will set a new benchmark for upscale downtown living,” said Kensington Investment Company CEO Ed Lewis. “As a company with a substantial Utah presence already, and as the managing firm of this residential property upon its completion, we could not be more excited to see Astra Tower become a timeless fixture on the city’s skyline for generations to come.”
The Astra Tower project team will seek LEED Gold certification by building to strict environmental standards that minimize carbon footprint and address environmental issues specific to northern Utah such as air quality. Once built, the tower will also use integrated WELL Building concepts that enhance residents’ health and well-being, introducing fresh ideas on what it means to live well downtown.
“Throughout the design process our focus has been on the future residents of Astra Tower and providing them with a refreshing experience that can readily reset mindsets for relaxation, productivity and celebration,” said Deanne Teeter, Senior Interior Designer at HKS. “Promoting wellness, an active lifestyle and a vibrant community were central to our design goals. With the tower’s abundance of natural light, majestic views and multiple outdoor amenity areas, residents will have a unique opportunity to engage with nature in an urban landscape.”
Astra Tower residents will enjoy breathtaking views of the Salt Lake Valley and Wasatch Front, as the south and southeast façades will be clad with a floor-to-ceiling glass wall. The rest of the façade will be a variation of glass fiber-reinforced concrete cladding with deeply recessed windows that create a residential character. The high-rise, designed to age well as a timeless downtown Salt Lake icon, will be topped with a unique open rooftop expression that activates the skyline.
“We work with companies all over the world that are evaluating Salt Lake City for potential expansions,” said Stephanie Frohman, Senior Vice President of Strategy & Partnerships at Economic Development Corporation of Utah. “A development like Astra Tower assures them that ‘we’ve arrived’ — that our city has the lifestyle, cultural, and recreational assets that today’s professional workforce seeks.”
Structurally, Astra Tower will use a performance-based, post-tensioned concrete design that greatly minimizes building damage or risks to residents in a seismic event. The concrete structure of the building will be erected in the first 20 months of the project, meaning it will reach its full height of 450 feet by September 2023.
“It will quickly become apparent just how much this building raises Salt Lake City’s skyline profile, and it will generate lots of excitement in the community,” said Jacobsen Construction Project Manager Doug Carley, who will oversee work at the site.
Astra Tower’s luxury residential offerings will make it one of Salt Lake City’s most coveted addresses. Amenities will include an outdoor urban park, a clubhouse with chef kitchen, a work lounge with conference rooms, a full-service fitness center with a multipurpose studio, an outdoor pool and terrace, a spa and wellness center, and a large rooftop terrace.
“Astra Tower will revolutionize the urban dwelling lifestyle in Salt Lake City that will help attract new professional talent and recruit new companies,” said Emir Tursic, Principal and Architect at HKS. “In doing so, it will enhance commercial development within the city’s most urban and densely populated area and promote economic growth in the broader Salt Lake region and throughout Utah.”
Kensington Investment Company has made it a central priority of this project to ensure Astra Tower becomes a standard bearer for environmentally sustainable construction on large-scale, high-rise urban projects. Valdemoros said city leaders are grateful for the emphasis on environmental sustainability in the design, construction and operation of the building.
“It reflects the values of our city. It’s so important that we grow our city sustainably and with the kind of foresight that will help preserve the natural beauty and resources that surround us,” she said.
Astra Tower’s 372 home apartments will include studio floor plans, one-bedroom and two-bedroom options, and two levels of exclusive penthouse units. The high-rise is being built on the site of what was previously a Carl’s Jr. restaurant and large parking lot.
About Kensington Investment Company:
Kensington Investment Company, Inc. (KIC), founded in 1983, is the family office of the Lewis Family. KIC’s primary areas of investment include real estate and alternative investment vehicles, such as private equity and venture capital funds.
About Jacobsen Construction Company:
Founded in 1922 by Soren N. Jacobsen in Salt Lake City, Jacobsen is a 100% employee-owned, Employee Stock Ownership Plan (ESOP) company. With more than 600 employees, Jacobsen is consistently ranked as one of the top contractors in the country, as well as one of the nation’s Top 100 Green Contractors.
HKS is a team of more than 1,300 architects, interior designers, urban designers, scientists, artists, anthropologists and other professionals working together across industries and across the globe to create places that delight, heal and stimulate peak performance.