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Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City.

Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units available for short-term stays. Operating in partnership with High Boy Ventures, a residential real estate development company, the hospitality-style stays will be managed under the “Placemakr Salt Lake City” brand while residential leases will be managed under the “Brix” brand name.

“Placemakr is on a mission to bring this new asset class of flexible real estate to every US metro, so this expansion into Salt Lake City for the first time is a big deal to us,” said Jason Fudin, CEO and co-founder of Placemakr. “This building is a prime entry for us into the market as it’s a highly desirable location and a truly unique luxury building. We can’t wait for Salt Lake City residents and visitors to experience Placemakr for the first time.”