The Power District: The 100-Acre Project Reinventing Salt Lake City's West Side

Salt Lake City's west side is getting a new neighborhood, and it is no longer just a rendering. The Power District Salt Lake City project, a roughly 100-acre redevelopment led by Larry H. Miller Real Estate near North Temple and Redwood Road, now has its first building topped out. Plans call for about 4,700 housing units, office space, retail, a hotel, a restored stretch of the Jordan River, and a site held for a possible Major League Baseball stadium.

This post covers what is planned, what is on the ground today, who is behind it, where the timeline stands as of mid-October 2026, and what it could mean if you are buying or selling in Rose Park, Fairpark, Poplar Grove, or along the North Temple corridor.

Power District site plan. Rendering courtesy of the Larry H. Miller Company.

What Is Planned for the Power District

The most recent official figures come from Larry H. Miller Real Estate's February 2026 announcement, which matches the company's October 2025 groundbreaking release. Here is the full-buildout plan:

Source: Larry H. Miller Real Estate, February 26, 2026.

The site is fully entitled. When the Salt Lake City Council approved the rezone in late 2024, it allowed buildings as tall as 400 feet, subject to city review and Federal Aviation Administration sign-off because the airport is close by. The Larry H. Miller Company has said it is putting more than $3.5 billion of private investment into the project.

For anyone hunting for new homes near downtown Salt Lake, the housing piece matters most. The developer says the homes will come in a range of types and price points, including larger 2 to 3+ bedroom options.

What Is There Now

Right now the Power District is an active construction site, not a neighborhood you can move into. The land was Rocky Mountain Power property, much of it acquired by the Miller company, and it surrounds the historic Gadsby Power Plant. The new Rocky Mountain Power headquarters is going up on what had been the parking area for the utility's current North Temple offices.

As of the developer's July 2026 update, crews were building infrastructure along 1460 West, which is set to be renamed Electric Avenue, and the district's first multifamily building had been submitted for city permitting. We haven't seen a public announcement yet saying whether those first homes will be rentals or for sale, what they will cost, or when they will open.

Who Is Leading the Project

Larry H. Miller Real Estate, part of the Larry H. Miller Company, is developing the district. Several partners have been named for the first phase:

• Rocky Mountain Power is the anchor tenant for the first building.
• SOM designed the Rocky Mountain Power headquarters with Architectural Nexus, and Okland Construction is the builder.
• Field Operations, the landscape firm behind New York's High Line, leads the Jordan River restoration.
• Big League Utah, the coalition led by the Miller family, is running the MLB effort.

Rocky Mountain Power headquarters. Rendering courtesy of the Larry H. Miller Company.

The state has a role too. The Utah Legislature set up a separate taxing entity for the area and pledged $900 million toward a stadium if a team comes.

Timeline and Current Status

• February 15, 2024: The Larry H. Miller Company unveiled the Power District plan and renderings.
• Late 2024: The Salt Lake City Council approved zoning changes for the site.
• October 27, 2025: Ground broke on the Rocky Mountain Power headquarters, the district's first building.
• February 26, 2026: Field Operations was announced as the lead firm for the Jordan River restoration.
• July 7, 2026: The developer reported most foundations complete, infrastructure work on 1460 West, and the first multifamily building in city permitting.
• September 2026: The 10-story Rocky Mountain Power headquarters topped out.
• Fall 2027: Expected completion of the Rocky Mountain Power headquarters (Miller officials have named September 2027).

The developer has not published a date for full buildout of the district. The remaining pieces are expected to come in phases, and schedules can shift.

What Happens Next: The Salt Lake City MLB Stadium Site

Proposed ballpark, contingent on an MLB expansion team. Rendering courtesy of the Larry H. Miller Company.

The baseball piece is the big unknown. Here is where things stand as of October 12, 2026:

• No team has been awarded. MLB has not started a formal expansion process.
• The league's collective bargaining agreement with players expires December 1, 2026. Larry H. Miller Company CEO Steve Starks has said expansion will likely wait until a new deal is in place.
• Starks says the company still aims to have a ballpark ready for Opening Day 2030. ESPN's Jeff Passan has ranked Salt Lake City's bid first among six markets he reviewed, but he doesn't expect expansion teams to take the field before 2032.
• The latest ballpark design includes a space for a separate amphitheater-style concert venue, according to the company. Its size and timing have not been decided.
• In September 2026, Utah Jazz and Mammoth owner Ryan Smith said his group would be aggressive if an MLB opportunity comes up. His Smith Entertainment Group later denied being involved in a bid, the Tribune reported.

For buyers, that means the housing, office, and riverfront plans are moving ahead on their own schedule, while the stadium depends on league decisions nobody in Utah controls. A purchase decision shouldn't hinge on a team showing up.

What It Means for Buyers and Sellers Nearby

The neighborhoods around this west side Salt Lake City development, including Rose Park, Fairpark, Poplar Grove, and the homes along the North Temple corridor, are the ones most likely to notice the change first. We can't predict prices, and nobody can honestly promise a specific result, but here are some general points to weigh:

Planned Jordan River riverwalk. Rendering courtesy of the Larry H. Miller Company.

• Jobs nearby. Once the Rocky Mountain Power headquarters opens, a large office campus will be operating on the west side. Over time, more people working nearby can mean more interest in homes within an easy commute.
• Construction now, amenities later. Expect road work, closures, and heavy equipment for years. The parks, trails, and retail come later and in phases.
• Plans can change. The 4,700-unit figure is a full-buildout plan, and an older page on the developer's site listed 4,400 residences. Phases, unit counts, and timing could move.
• Sellers, look at the details. Buyers will ask about distance to the district, traffic, and the construction schedule. A clear, current read on your home's value is more useful than headlines.
• Buyers, compare your options. Look at existing homes in nearby neighborhoods next to whatever new product the district releases, and judge each on price, size, and timing.

Red Sign Real Estate Team, part of Keller Williams Westfield in Orem, has been helping Utah buyers and sellers since 2008 and has earned 1,950+ five-star reviews. We work across Salt Lake County and the whole state.

Thinking about a move on the west side? Search Salt Lake City homes for sale, read our Salt Lake City neighborhood guide, get a local home value estimate, or connect with a Red Sign agent.

Concept rendering of the Power District riverfront. Rendering courtesy of the Larry H. Miller Company.

Frequently Asked Questions

What is the Power District in Salt Lake City?

The Power District is a roughly 100-acre mixed-use redevelopment on Salt Lake City's west side, led by Larry H. Miller Real Estate. Current plans call for about 4,700 housing units, office and retail space, a hotel, Jordan River restoration, and a potential Major League Baseball stadium site.

Where is the Power District located?

The district sits near North Temple and Redwood Road along the Jordan River, between downtown Salt Lake City and Salt Lake City International Airport. It is on former Rocky Mountain Power land around the Gadsby Power Plant in the Fairpark neighborhood.

How many homes are planned in the Power District?

Larry H. Miller Real Estate's February 2026 plan lists about 4,700 housing units in a range of types and price points, including 2 to 3+ bedroom options. The first multifamily building was submitted for city permitting in July 2026. Pricing and release dates have not been announced.

When will the Rocky Mountain Power headquarters open?

Construction started on October 27, 2025, and the 10-story building topped out in September 2026. Miller officials and the general contractor have pointed to completion in fall 2027, with September 2027 named as the target.

Is Salt Lake City getting an MLB team?

Not yet. As of October 2026, MLB has not started a formal expansion process, and the league's labor agreement with players expires December 1, 2026. Utah's bid is widely rated a leading candidate, and the Larry H. Miller Company says its goal is a ballpark ready for Opening Day 2030.

Will the Power District raise home values in nearby neighborhoods?

No one can promise that. Large projects can change demand near them over time, but results depend on what actually gets built, when, and on wider market conditions. For your own home, a current local value estimate and recent nearby sales are the best place to start.

Sources: Larry H. Miller Real Estate, "Larry H. Miller Real Estate Announces Restoration Plans for the Jordan River at the Power District," February 26, 2026; Power District, "The Power District Goes Vertical with First 10-story, 300,000 Sq. Ft. Corporate Campus," October 27, 2025; Power District, "A New Skyline Rises on Salt Lake's West Side," July 7, 2026; Jose Davila IV, The Salt Lake Tribune, October 28, 2025; KSL.com, "Ground breaks on 'fitting' first project tied to Salt Lake City's new Power District," October 2025; Okland Construction on LinkedIn, topping-out announcement, September 17, 2026; Jose Davila IV, The Salt Lake Tribune, September 2, 2026; Shreyas Laddha, The Salt Lake Tribune, September 3, 2026; Carter Williams, KSL.com, September 8, 2026; Eric Fisher, Front Office Sports, September 24, 2026; Gordon Monson, The Salt Lake Tribune, October 1, 2026.