Building 2 reinforces Catalyst’s commitment to serving Salt Lake’s missing middle, with the majority of units priced affordably to households earning below 80% of Area Median Income (AMI). The project builds on the income diversity already established across the Silos masterplan, which serves families from 0-120% AMI. Together, the growing roster of Silos buildings is reshaping what was once an overlooked industrial corridor into a dynamic neighborhood that proves economically diverse communities aren’t just aspirational—they’re achievable through intentional design and investment.

“Building 2 represents another critical step in our ongoing work to create genuinely mixed-income neighborhoods,” said Kristian Peterson, Managing Partner at Catalyst. “When you provide quality housing across different income levels on the same block, you’re not just building apartments—you’re building the foundation for a resilient, diverse community where neighbors from different economic backgrounds can thrive together.”

The broader Silos masterplan encompasses 733 residential units across multiple buildings. It includes 180 units supported by Low-Income Housing Tax Credits, alongside workforce housing in buildings like Silos Midblock and Silos Building 2, and market-rate housing in Silos Building 3, creating a true economic mix. The masterplan’s location within a government-designated priority redevelopment area reflects Catalyst’s strategic priority of directing investment toward historically overlooked markets and communities.