Press Conference- Groundbreaking of Latitude Apartments

Latitude Apartments Groundbreaking (Chelsea Investment Corporation & partners) · April 9, 2025

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Opening remarks and project overview

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Jason Martin, senior development manager with Chelsea Investment Corporation, opened the ceremony and described Latitude as a fully affordable apartment community planned to provide 105 new homes in sizes from studios to three‑bedrooms, scheduled to open in Q4 2026 and targeting households earning roughly 30–60% of area median income.

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Groundbreaking ceremony for Latitude Apartments in Salt Lake City featuring developers, financing partners and Mayor Erin Mendenhall; speakers described the project as a 105‑unit affordable development with mixed public‑private financing and emphasized local economic and community benefits.

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Transcript

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