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Young real estate developers are using young investors’ money to put young people in young neighborhoods.
The Morton is Seattle-based developer’s, Timberlane Partners, first new construction project and third property in Salt Lake City. The developers own the former Artspace shops on the 300 West block of Pierpont and The Mercer, a four-story 73-unit residential building on the 500 East block of 300 South.
Botanica, which started as an online magazine in December, now has a restaurant and market in Silver Lake. [The Silver Lake Market property is a Timberlane-owned asset.]