New amenity rich 55+ apartment community opens in Salt Lake City area

Buchanan Street Partners completes construction and begins leasing apartments at Incline at Anthem - the first luxury, active adult community of its kind in the market

135

Buchanan Street Partners, a real estate investment management firm based in Newport Beach, Calif., today announced construction has reached completion and units are available for lease at Incline at Anthem, a luxury, active adult apartment community in Herriman, Utah. The 298-unit project offers a modern, highly-amenitized living experience for adults over the age of 55.

“Incline at Anthem is a truly unique project for the Salt Lake City region,” said Kevin Hampton, executive vice president of Buchanan Street Partners. “It’s the first active adult, luxury multifamily community of its kind to offer residents a youthful, social and vibrant living experience usually found in apartments designed for millennials.”

Buchanan Street Partners purchased the partially-completed Incline project in 2017 with a vision to reposition the original development plan, adding high-end finishes and upscale amenities to deliver a Class A multifamily community.

The social hub of the community is a clubhouse that offers year-round social events and healthy lifestyle choices, including a fully-equipped fitness center with a yoga, cycle and CrossFit studio, a resort-style pool and spa, courtyards with fire pits and barbecues and a pet terrace to further encourage resident interaction.

Apartment interiors feature contemporary designs and finishes, plus high-tech amenities such as programmable thermostats and lighting and USB charging outlets.

Located at 11901 Freedom Park Drive, Incline at Anthem is surrounded by a majestic mountain backdrop and is adjacent to the southern boundary of Daybreak, Utah’s largest and most successful master-planned community.

“Utah’s population has increased by nine percent in the past five years, the highest rate in the country, putting added pressure on an already constrained housing market,” added Hampton. “Regional growth and the increasing demand for a quality living experience by what we think are very youthful seniors bode well for the success of this project.”


About Buchanan Street Partners

Buchanan Street Partners is a real estate investment firm based in Newport Beach, California that invests debt and equity capital on behalf of institutional and private investors. Since its inception, Buchanan Street has invested more than $6.5 billion in real estate debt and equity investments. The company is comprised of a highly skilled team that has invested through multiple real estate cycles, enabling them to identify opportunities and maximize value while prioritizing capital preservation.