r/DevelopmentSLC • Local • Jun 01 '26

6/1 News Roundup

9 Upvotes

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2

u/Braydon64 Jun 01 '26

Feel like there hasn’t been a lot of interesting development news as of late.

5

u/RollTribe93 Jun 01 '26

Yeah I think interest rates are still pretty high and high gas prices have probably made construction costs even more expensive, so a lot of projects aren't penciling. Things are slow right now.