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Salt Lake City adds $2 million loan to Main Street fire rebuild

Explaining the loan program's funding source publicly

A fire on Aug. 11, 2025 tore through the 300 South block of Main Street and gutted the one-story building that held London Belle and Los Tapatios. Fifteen months later the lot is still empty. On Nov. 10, the Salt Lake City Council, sitting as the board of the city's Community Reinvestment Agency, voted to lend the property's owner $2 million more to put a four-story building there.

Updated Yesterday

Notable Quotes

These dollars are not actually coming from the city's general fund. They come from the Community Reinvestment Agency.

from Salt Lake City adds $2 million loan to Main Street fire rebuild · Updated Yesterday

We're about a year out from those fires, and this loan program was established to make sure Main Street doesn't stay an empty hole.

from Salt Lake City adds $2 million loan to Main Street fire rebuild · Updated Yesterday