A consortium of firms will help launch the first phase of developing 600 acres of state-owned land — with new housing, an innovation district and a network of trails and green spaces along the Jordan River.
6 Million
Total Square Feet
Developed
$500 Million
Current Portfolio
Under Development
120+
Total Number of Projects
12,000
Housing Units
About Colmena
Colmena Group is a real estate development and investment company headquartered in Salt Lake City, Utah. The managing partners of Colmena Group have nearly 100 combined years of real estate experience, building their reputation on thoughtful stewardship of investment opportunities. Founded in 2008, Colmena’s mission is to build a legacy of quality, long-lasting communities. Since its inception, Colmena has developed, co-developed and invested in real estate projects that built a current portfolio value of more than $1.8 Billion (exceeding six million square feet and 12,000 apartment units). Colmena’s success is rooted in our ability to understand market need, source capital and work successfully with local and national partners.
WILMINGTON FLATS
MULTI-FAMILY
TOWNEPLACE SUITES
HOSPITALITY
SPANISH SPRINGS BUSINESS PARK
INDUSTRIAL
LEGACY VILLAGE OF SUGARHOUSE
SENIOR HOUSING
Testimonials
Blog
Local Business Leader, Brian Shelley, Inducted into Utah Sports Officials Hall of Honor after 25+ Years of Officiating Basketball
Referee and Colmena partner Brian Shelley recognized for a lifetime commitment to officiating basketball
Holladay, Utah (Jan. 31, 2023) – The Utah Sports Hall of Fame Foundation (USHOFF) and the Utah High School Activities Association (UHSAA) have recognized local business leader Brian Shelley by inducting him into the Utah Officials Hall of Honor. Parallel to his career at local real estate development and investment firm Colmena Group, Shelley has spent his evenings and weekends running up and down various basketball floors throughout the state and country as a NCAA basketball referee.
UC&D Most Outstanding Multi-Family/ Senior Living Project Award
View article published January 24th, 2018 | by UC&D Magazine here. This spectacular 10-story, $55 million mixed-use building raises the bar on senior living facilities with its plush, decorative style, wide functionality, comfortable spaces and varying levels of...
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