CONTRACTAPPROVED

City of Salt Lake Awards Ground Lease Contract to Jazz Arena Investors (May 2025)

City of Salt Lake logoCity of Salt Lake
Approved
May 6, 2025
Term
Up to 100 years starting 2025

The 30-second brief

What it covers

Jazz Arena Investors LLC entered a 100-year amended ground lease with CRA for the Delta Center property, allowing renovations and subleases with $1/year rent conditioned on professional sports usage.

Who holds it

Jazz Arena Investors holds this ground lease contract with City of Salt Lake.

What happens next

Term as filed: Up to 100 years starting 2025.

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Contract details

Contract type
Ground Lease
Document date
May 6, 2025
Term
Up to 100 years starting 2025
Source document
city-of-salt-lake-community-reinvestment-agency-meeting-minutes-may-6-2025_51e.pdf (Minutes)

Jazz Arena Investors's other public contracts

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Questions about this contract

Who was awarded the ground lease contract by City of Salt Lake?

Jazz Arena Investors was awarded this ground lease contract by City of Salt Lake, as recorded on May 6, 2025.

What type of contract is this?

This is a Ground Lease contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-salt-lake-community-reinvestment-agency-meeting-minutes-may-6-2025_51e.pdf (Minutes), dated May 6, 2025 from City of Salt Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jazz Arena Investors hold?

Jazz Arena Investors may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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