Real estate firm buys century-old Salt Lake City building, plans $40M renovation

September 2, 2026 - 11:28

A century-old building in downtown Salt Lake City, originally constructed for the Ford Motor Company, has changed hands. The new owner, a real estate firm, intends to make the structure its permanent headquarters and has committed to a significant renovation project valued at roughly forty million dollars.

The property, which has served various purposes over the decades, most recently as an office building, will be carefully updated rather than demolished. Company representatives stated that preserving the historical character of the site is a top priority. The renovation will focus on modernizing the interior systems, upgrading the facade, and adding contemporary amenities while maintaining the original architectural details that define the building's early twentieth-century design.

The firm's leadership described the acquisition as a long-term investment in the city's core. They noted that the location offers easy access for employees and clients alike, and they see the project as a way to contribute to the ongoing revitalization of the surrounding neighborhood. Work is expected to begin in the coming months, with the move into the new headquarters targeted for a date in late 2026. The company currently operates from leased space elsewhere in the city.