Peterson Development Company, L.L.C. is a prominent real estate developer based in Salt Lake City, Utah, with a strong legacy that dates back to its founding in 1967 by Leon Peterson. Over the past half-century, the company has established itself as a leading authority in commercial real estate construction, infrastructure development, land acquisition, sales, and entitlement processes.
With a commitment to values like hard work, honesty, and integrity, Peterson Development has built a reputation for quality and trust. The company has been instrumental in developing various projects throughout the Intermountain West, including medical clinics, professional offices, and retail centers that enhance community life. To date, Peterson Development has successfully entitled over 6,200 residential homes and developed more than 1.4 million square feet of retail space, collaborating with prominent national retailers like Costco and Walmart, demonstrating its prowess in commercial development.
In land development, the firm has partnered effectively with local municipalities to design and execute large-scale master-planned communities. Its in-house team provides efficient land use planning, ensuring optimal utilization of each parcel of land engaged. This ability to collaborate and develop intelligent solutions has designated Peterson Development as a reputable partner in the regional real estate market.
In addition to its commercial endeavors, Peterson Development is also connected to Peterson Homes, which specializes in building elegant and customizable homes for families. With a proven track record of constructing over 1,200 homes, Peterson Homes is dedicated to residential development through diverse building experiences, including single-family homes, multifamily residences, and senior living communities. Together, these companies represent a force in Utah’s real estate market, committed to shaping vibrant neighborhoods and sustainable communities.