O
Salt Lake City
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OtherPending470 West 600 South

The Silo Park Public Infrastructure District

Salt Lake City

Description

Proposal to create a Public Infrastructure District (PID) to assist with financing the construction and maintenance of public infrastructure (e.g., roads, utilities, lighting) related to a large development.

Impact summary

Facilitates significant new development by providing a mechanism for infrastructure financing. Discussion focused on financial impacts to the City, ensuring project completion, and the interaction with existing Housing & Transit Reinvestment Zones.

Applicant

Name
Joseph McKay, representing Olympus QOZB, LLC, Silos South Apartments Building 3, LLC, Silos Midblock QOZB, LLC, and Silos South Apartments, LLC.
Address
470 West 600 SouthSee this on the map

At a glance

Hearings
1
Public comments
1
Total mentions
1

Recorded in the meeting · City Council

Discussed7–0, unanimous

Last discussed Jan 20, 2026.

Meeting timeline (1)

Jan 20, 2026

Council Work Session Meeting - Jan 20, 2026

Proposal to create a Public Infrastructure District (PID) to assist with financing the construction and maintenance of public infrastructure (e.g., roads, utilities, lighting) related to a large development.

Related issues (1)

Silo Park Public Infrastructure District Creation

Proposal to create a Public Infrastructure District (PID) at 470 West 600 South to help finance public infrastructure (streets, utilities, lighting) for a large development. This mechanism allows developers to fund necessary infrastructure, potentially reducing the burden on the city's general fund but could have long-term financial implications for the city if not managed carefully.

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