SALT LAKE CITY | Development Thread

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Salt Lake City & MSA/CSA Rundown


Holiday Metroscape


Northern Metro - Snowbasin Resort

https://ca-times.brightspotcdn.com/d...p-20171208-021

Central Metro/East - In Park City at Deer Valley's Stein Eriksen Lodge

https://www.deervalley.com/-/media/d...56E1BE1710E097



Central Metro/East - Park City - Market Place AT Silver Creek

New mixed-use workforce development to be built near U.S. 40 and Silver Summit

The application for a major commercial and residential development near the intersection of Silver Creek Drive and U.S. 40 shows a shopping center with restaurants and a grocery store, along with condominiums and an amphitheater.

Summit County’s newest proposed mixed-use development would be located at the Silver Summit roundabout, where Silver Creek drive and Old Highway 40 intersect. The development would be comprised of two sites: 15 acres at the corner of the Home Depot roundabout and about 4 acres at the junction of Promontory Road and Silver Creek Drive, according to the application Marketplace at Silver Creek LLC submitted to the Planning Department...

Marketplace Commons would include 178 residential units and 98,000 square feet of potential restaurant, retail, office and live/work spaces. The area would be anchored by a 62,000-square-foot grocery store that could be built in two phases.

The developers are proposing a brew pub, micro hotel, retail complex and drug store, according to Henry Sigg, a principal with Marketplace at Silver Creek LLC. A parking garage with up to 500 spaces, as well as a natural amphitheater and stage area, are also proposed at the site.

“The timing is so perfect for this,” Sigg said. “Another market in that location will ease a lot of pressure and provide a lot of need, and create a tremendous sense of community gathering at this location in relation to the new preserve site and retail uses we are proposing there.”

A rendering shows what the Marketplace Commons development would look like for the corner near the intersection of Silver Creek Drive and U.S. 40. The plans show the project would include a grocery store, micro hotel and amphitheater. Courtesy of Marketplace at Silver Creek Center LLC

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Downtown Update - Block 67

Downtown Salt Lake City to get a $15 million underground parking garage

By Tony Semerad, The Salt Lake Tribunehttps://www.sltrib.com/news/2019/12/...city-approves/

Salt Lake City has approved a way to pump $15 million into building a huge subterranean parking garage for Block 67, an upcoming ambitious residential and hotel project on the western edge of the city’s downtown.

The agreement, backed Tuesday by the City Council in its role overseeing the city’s Redevelopment Agency (RDA), clears a major hurdle for what is to be known as The West Quarter, a 6.45-acre development bounded by 100 South and 200 South from 200 West to 300 West.

(Rendering by The Ritchie Group) A rendering of The Ritchie Group's proposed Block 67 development in Salt Lake City, as though looking north along 300 West...

Developers with Salt Lake City-based The Ritchie Group and Garn Development Co. in Layton plan to build more than 650 dwellings, two hotels, an office tower, retail shops, a tree-lined street cut through the block and an underground parking garage with more than 1,200 stalls.


With its four towers and extensive amenities, to be built in two phases, The West Quarter project will push the center of the city’s urban core west, with more robust pedestrian connections between the existing downtown and The Gateway and Vivint Smart Home Arena farther west.

“It really is a good project,” Councilman Charlie Luke said Tuesday. “It really is going to do a lot for the city and especially for that part of the city in terms of redevelopment."...

...Ryan Ritchie, a principal in The Ritchie Group, has said the underground parking garage is integral to the project’s overall financial success...The loan agreement sets up a legal mechanism for the city to give the developers the $15 million in state money for the parking garage, then lets the developers pay it back over time as their project generates additional tax money. Salt Lake City’s RDA will, in turn, pass those payments back to the county...

Additional Renderings of Block 67 - Subterranean garage to serve both Phases I and Phase II

Originally Posted by scottharding

December 10th - There was a backhoe at Block 67 today, ripping up concrete and demolishing the parking lot gate booths.

Originally Posted by meman

December 5th - Construction fencing is going up around the West Quarter site today!!

Looks like another big project is imminent!!

Jacobsen is partnering with The Ritchie Group and Garn Development to build Phase I of The Block 67 Project. The West Quarter, a multi-use development that will help define the emerging sports and entertainment district in downtown Salt Lake City. The project — adjacent to Vivint Smart Home Arena — will feature more than 650 residential units, a mid-block street with access to 200 South and 300 West, and a subterranean parking garage. The scope of work also includes more than 100,000 square feet of retail space, 430,000 square feet of office space and a 271-room hotel.

Phase I, The West Quarter

http://www.jacobsenconstruction.com/...1-1370x580.jpg


Rendering depicting Phase II of the Block 67 Project

https://images1.loopnet.com/i2/q_-ca.../112/image.jpg

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Downtown Update - Salt Lake City approves deal to give Utah Theater to developers, in exchange for affordable housing

Tony Semarad - The Salt Lake Tribune - https://www.sltrib.com/news/2019/12/...ty-gives-utah/



(Francisco Kjolseth | The Salt Lake Tribune) The aging Utah Theater on Main Street shows its wear on December 3, 2019. Faced with prohibitive costs of renovating 101-year-old venue, city officials have opted for plans to redevelop the site with a mixed-use skyscraper at least 30 stories high, with affordable housing, a public green space, parking structure and reuse of key elements from the historic theater.

A divided Salt Lake City Council voted Tuesday to approve a deal to let developers assume ownership of the dilapidated Utah Theater and demolish it to make way for a new downtown skyscraper. The price tag? Zero dollars.
In their role governing the city’s Redevelopment Agency, council members were split 5-2 over the deal, with Ana Valdemoros and Andrew Johnston opposing Mayor Jackie Biskupski’s request to write down the site’s recently appraised value from $4 million to zero before selling it to two co-developers, Hines and LaSalle. That land discount is being offered in exchange for 30 of the proposed residential skyscrapers’s 300 apartments being set aside as affordable for those making roughly 60% to 80% of the city’s average income. The skyscraper project, estimated to cost $100 million or more, would also create a new midblock walkway at that spot on Main Street and potentially, a new downtown park, which has long been a city priority.
The deal approved Tuesday also requires Hines and LaSalle to reuse and prominently display historic elements from the 101-year-old theater, including a portion of its stage, interior sculptures and a unique Tiffany skylight. Those public benefits, a majority of council members said, justify discounting the price for the theater, which the city bought for $5.5 million in 2010...

Update - December 1st

Originally Posted by Makid

It does appear that the Utah Theater is going away and I would expect that Hines would like to start work on the Pantages Tower as quickly as possible, probably shortly after they complete the renovations and upgrades to the Kearns Building (3 months or so).

I think LaSalle has had their tenants on shorter leases in anticipation of action as well. This would allow the project to move quickly.

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Utah Ranks Among The Fastest Growing States In The Nation. Here’s Why.

Editor's Pick - December 10, 2019 - Brenda Richardson, Senior Contributor Real Estate




Townhomes in Daybreak Communities in South Jordan, UtahJONATHAN ALSBROOK

Utah’s economy is booming thanks to a combination of strong employment growth, a vibrant tech industry and collaboration between business, labor and government.

The Beehive State ranks among the fastest-growing states in the nation, with a 1.9 percent growth in population from 2017 to 2018 and is the youngest state in the nation with a median age of 30.5 years.

Despite falling fertility rates, Utah continues to have the largest household size in the nation at 3.19. Ninety-one percent of the population in Utah lives in an urban setting and the population continues to diversify racially and ethnically.

Following the release of the July 2019 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics data shows Utah is ranked No. 1 for total job growth in the nation at 3.6%. In addition, Utah is ranked No. 1 for private sector job growth at 4%. For unemployment, Utah is ranked No. 5 at 2.8%, tied with Hawaii.

In 1997, the nonprofit Envision Utah launched an unprecedented public effort aimed at keeping Utah beautiful, prosperous, healthy and neighborly for future generations. The initiative brought together residents, elected officials, developers, conservationists, business leaders and other interested parties to make informed decisions about how the state should grow. Housing was one of the cornerstones of that vision.

Utah’s population had been growing slowly through the 1970s and early 1990s, said Robert Grow, president and CEO of Envision Utah. “We began to grow very rapidly as our economy really started to take off. We had new industry clusters, including high-tech, that were growing. And because of that, the state and the public became very focused on growth in the ’90s.”

Utah’s labor market includes approximately 1.6 million people, most of them concentrated along the Wasatch Front, a chain of contiguous cities and towns stretched along the Wasatch mountain range.

The state’s unemployment rate in October stood at a very low 2.5%. The Utah economy includes 1.5 million jobs, with 84% of these in the private sector. The pace of Utah job growth (2.8%) was significantly higher than the national average (1.7%) and every county but two–Duchesne and Millard–registered employment gains from February 2018 to February 2019.

The first major effort to bring the public and leaders of Utah together was from 1997 to 1999. To understand residents’ hopes for the future, Envision Utah conducted public values research, held over 200 workshops, and listened to more than 20,000 residents between 1997 and 1999. Grow was the founding chairman of Envision Utah, and from that initiative came a vision called the Quality Growth Strategy.

The strategy engages not only a broad range of stakeholders from the private, public and nonprofit sectors but also the general public.

“We renewed that vision at a much larger scale for the entire state with our governor in the lead starting in 2013 through 2017, and that vision is called Your Utah, Your Future, said Grow. “It has specific goals about housing and strategies, which are being implemented today. We didn’t wake up one morning and say we don’t want to be San Francisco, we don’t want to be San Diego. We’ve actually been working on this issue for more than 20 years to try and make certain that we do have affordable housing in the region for everyone.”

Grow said Utah’s growth rate was stagnant through the 1970s to early 1990s, and then the state began to grow rapidly as its economy took off. “We had new industry clusters, including high-tech that were growing,” he said.

The University of Utah campus in Salt Lake City.ASSOCIATED PRESS

Utah’s thriving tech sector is driving much of the state’s success, helped by its deep talent pool and relative affordability compared with other growing tech hubs. Proximity to other Western tech centers, the region’s large and growing talented workforce and lower real estate costs have spurred development of Silicon Slopes, the hub of Utah's startup and tech community, and the University of Utah Research Park, also known as Bionic Valley, a bioengineering epicenter on the campus of the University of Utah in Salt Lake City.

“The state and the public became very focused on growth in the 1990s,” said Grow, adding that “housing was one of the six major goals with housing affordability and availability and a set of goals and strategies to implement that.”

Probably the most significant impact of Envision Utah has been to help local cities and towns rethink the growth pattern. Grow said, “Utah started out with a bunch of settlements, and those grew into cities, and eventually they grew together along the Wasatch Front. Rethinking those urban patterns, sort of recapturing the depth of our path, where we had sort of discrete cities and towns, discrete neighborhoods, has been a major effort over the last 20 years.”

“We’ve been working hard on this issue for about two decades,” Grow added. “That sort of set the stage for a lot of the things that have happened.”

Utah’s home-building boom led the nation last year, adding homes and apartments at a rate nearly three times the national average. But economists say more is needed to reduce shortages and help lower current high prices that shut out many people from buying or renting.

“Affordability is still a serious issue, and it’s getting worse, although it looks like housing prices might be moderating a little bit,” said Grow.

Approximately 3 million people live in Utah. By 2050, the population is forecast to nearly double to 5.4 million. Grow noted that Utah has been one of the few places in the country where over 20 years the state undertook a significant effort to make certain there were jobs for everybody and that incomes were growing.

“The standard growth issues that were going on here when we set out to find answers as a region in 1997 are still challenges today,” said Grow.

He added, “Our first approach to housing has been a major effort here to make sure that the economy was functioning in an equitable way so that those who were in lower incomes could move to higher income levels and that people were not left in intergenerational poverty. That’s been one of the major efforts of the region overall with respect to housing is to help people who are already here and immigrants and refugees rapidly move up in this economy,’ said Grow, adding: “Some people have the perception that Utah is sort of a backwater when it comes to equity and immigration, and that’s not true.”

The original set of concerns — affordability, air pollution, teacher shortages — has not changed much because Utah has been a rapidly growing region.

“The challenges then were we had new EPA air quality standards we needed to meet,” Grow said. “The traffic and congestion were getting worse. The cost of living here was going up including the cost we all share of creating new infrastructure as we were growing. Housing prices were rising. The city had some distortions in the way the real estate market was working based on how it divided up sales tax.”

“There’s not a growing region in America that’s not currently having some housing challenges,” said Grow, adding that “we’re not any different except that we started working aggressively on this issue a couple of decades ago and are making significant progress.”

He said Utah has major goals and strategies it has been implementing over the last 20 years.

For example, the state has been working to address air quality issues. Utah’s air is clean much of the year, but in many parts of the state, pollutants regularly exceed healthy air standards during the winter and also at times during the summer.

“We have a beautiful mountain range to collect the water, but it also stops the air from moving out of the valley in the wintertime,” said Grow, adding that “we have just gotten in compliance after three years.”

Utah’s unemployment remains at a near record low in Salt Lake City. Grow said, “We have the lowest unemployment in the country, and because of that people are coming here. People are staying here because there are good jobs. So keeping up with that housing market has been a challenge. We’ve been building more housing units in Utah than we’ve ever built before. But there are a number of things going on right now to help with that housing. One is the mix of housing has been changing, so we have a lot more multifamily opportunities. Another thing that has happened is our largest home builder, Ivory Homes, is working with the universities and is offering a major financial award and competition every year on how we can improve housing in the state. And Ivory Homes actually has a special program now to help school teachers, first responders and others find housing in the community.”

A Utah Transit Authority TRAX train passes under the sky bridge at the City Creek Center shopping ... [+]GETTY IMAGES

One of the biggest changes in the region is housing near a transit system. Grow said, “Since 2010, 43% of all new multifamily units built in the Wasatch Front have been built within half a mile of a rail station, which is about a thousand steps. So that means we’re building lots of housing which is transit-oriented development where people can have housing right near the station and be able to use the transit system and avoid using a car and lower the cost. Thirty-seven percent of new office buildings are around the transit system. We have sort of a sea change in urban development because we have this fabulous transit system.”

“One of the things that came out in the quality growth strategy was civic will to build a really good public transportation system. And so we built public rail faster than anywhere in America over the last 15 to 20 years. We have a very good mixture of transit systems here. We have a major backbone of commuter rail system that’s 92 miles long that runs up and down the Wasatch Front. And then we have all these light rail lines that go off of it. We have bus rapid transit, we have street cars. People who come to Utah are shocked to see this fabulous transit system in what is viewed as a Western conservative state.”

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Central Metro/East - Woodward Park City is Utah’s newest and most unique resort

By Amy Donaldson - Deseret News - https://www.deseret.com/utah/2019/12...-unique-resort[/B]

“I mean, it’s just dreamland, Disneyland, from my perspective,” Jones said. “It’s a complete action sport facility. It’s totally complete, and it’s on an urban mountain.”


Travis Pastrana launches his bike off a ramp into a foam pit during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News

PARK CITY — Even after 24 hours to process it, Jeremy Jones can’t express how it felt to see athletes exploring the state’s newest, and likely its most unique ski resort, a day before it opened for the public on Saturday.
“Yesterday was more private, more athletes only, and I witnessed something I’ll never see again,” said Jones, a former competitive snowboarder and skateboarder who grew up in Farmington and helped design the concept of Woodward Park City, which is nestled on the south side of I-80, just two miles north of Parley’s Summit.“It’s indescribable. I just don’t have the words for it.” That’s because what he witnessed happening at Woodward Park City — a resort and action sports training facility — was more of an energy than it was something he could touch or articulate. “The emotions,” said Jones, who is one of the resort’s athlete ambassadors. “It was unreal.”

Josh Roberts launches his bike off a ramp into a foam pit during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News

On Saturday, when hundreds of locals joined competitive athletes, including current and former Olympians, the energy was a mix of joy, wonder and adventure seeking. Parents joined their children hand-in-hand on trampolines that sent them flipping and flopping into foam pits. Elementary age children chattered with each other as they took turns navigating the BMX ramp and terrain park, which also offered a foam pit for the learning — and creation — of new tricks.
It was a wall-to-wall, elbow-to-elbow giddy crowd that didn’t seem the least bit bothered by long lines, unintended bumps or the vicious snowstorm and windstorm that limited traffic up Parley’s Canyon to four-wheel drive or chains.
“It’s seriously one of a kind,” said Olympic gold medalist Sage Kotzenburg, who left the snowy slopes to sign autographs for aspiring action sport enthusiasts of all shapes and sizes. “You have the Woodward in Tahoe, the Woodward in Copper, and obviously the east and west ones, but this one is a full resort. There are beginning stages of where you can take your snowboarding and skiing outside, and you can also take your practice stuff indoors, too. It’s definitely one of a kind.”

Athletes utilize a variety of ramps on their bikes during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News

The Park City native won the first-ever Olympic gold in snowboarding slopestyle in the Sochi Winter Games in 2014. He did so landing a trick he said he’d never even tried before, and then told the Deseret News back then, “That’s what’s cool about snowboarding. You can go out there and try your own trick, put your own flair on it. ... This sport is based on what you want to do. There is no blueprint.” Which is why Woodward Park City is so unique and valuable to the community it aims to serve — those who’ve embraced action and nontraditional sports and those who think they might want to give something in that universe a try. It offers what Woodward Park City general manager Shaydar Edelmann calls “safe progression” in what program development director Phoebe Mills calls “a community of passionate people ... in an inclusive environment.”

Jaime Melton launches off a ramp into a foam pit on inline skates during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Spectators watch athletes in the parkour and gymnastics area during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News

The bottom line is, whatever you’re looking for, you can find it or create it, and you’ll likely find some friends or companions with whom to share that exploration. “You really feel like you belong, right away, without much effort,” Mills said, acknowledging that after she left gymnastics for snowboarding 20 years ago, she didn’t see a lot of women in the action sports universe. That has changed, and places like Woodward Park City promise to change that reality even more.
“There is a community and a place to go that will make you feel welcome,” Mills said. “We have programs specifically for girls, like camps and clinics, but even without that, it’s just a really welcoming environment. ... And wherever you’re at, we’ll help you with your progression.” Kotzenburg said it will only help the evolution of the sports he loves because it makes what some see as fringe activities so accessible. “I like this a lot because it’s in my backyard,” he said. “So when I heard rumors about this starting, I was definitely pushing for it a lot. And for me, just basing out of here, and training here, and being able to ride with the younger kids here is really special.” Edlemann said the draw for the native New Zealander was that this incarnation of Woodward resort isn’t attached to something that already exists.“We sort of see us as the leader in action sports going on 50 years,” Edelmann said. “The biggest deal is that we get to do things right from the start.”

Every aspect of the design — from guest services to affordable housing to the lifts and terrain parks — are designed for the athletes that will use and be served by the resort, which was all created in 15 months. Jones, who created his first snowboard in the 1980s with an old skateboard, said having a facility like this would have certainly meant more success in the sport for him. “I see the difference that it would have made for me now in these kids,” Jones said. “And I just think it is amazing. This is literally dreams that I would sketch on notepads in junior high and high school — facilities like this, one stop shop where you could go thrash things to pieces on the snowboard, then skateboard, then BMX, or whatever, skis. Whatever your thing was. And everything being real intuitive to the mountain, like there are transitions everywhere, rollers everywhere, and it’s not just this linear thing.” Take for instance the courtyards. At Woodward Park City, they are also terrain parks. Instead of adapting what they do to architecture that had some other use in mind, everything is tailored to the needs, imagination and development of action sport athletes of all genders, abilities and aspirations. “I mean, it’s just dreamland, Disneyland, from my perspective,” Jones said. “It’s a complete action sport facility. It’s totally complete, and it’s on an urban mountain.”

Woodward Park City holds its grand opening in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


People hang out at Woodward Park City on the facility’s opening day in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Ethan Roberts loses his bike while launching off a ramp into a foam pit during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Brandon Semenuk performs a trick on his bike during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Athletes utilize the concrete park during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Skiers and snowboarders ride a chairlift during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News


Skiers and snowboarders utilize a series of jumps during the grand opening of Woodward Park City in Park City on Saturday, Dec. 14, 2019. Spenser Heaps, Deseret News

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[delts145]

Central Metro/East - Park City at Deer Valley Resort

The Newly Completed Stein Eriksen Residences

The Stein Eriksen Residences presents an incomparable lifestyle for individuals and families who prize an authentic, yet indulgent, ski-in/ski-out alpine experience. Located on Deer Valley Resort where Silver Dollar Trail and Last Chance ski runs intersect, and just five minutes from Stein Eriksen Lodge, the Residences redefine modern mountain luxury. All residences enjoy direct access to the slopes.

The hotel offers 39 condominiums and 15 private homes wrapped within legendary services and amenities such as a private bar, full service restaurant, modern spa, ski valet services and lockers, valet parking and more. Stein Eriksen Residences provides an escape to the ultimate luxury vacation in the heart of Deer Valley.

Following Pics From - https://www.deervalley.com/plan-your...-eriksen-lodge

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[shakman]

(Bottom image) I can see myself living in something like this for the rest of my life.

[delts145]

Ha, I think I'm gravitating toward Park City as my retirement getaway/home. At least part-time.

[delts145]

Southern Metro - Even before Phase 1 completion, Facebook announces expansion to Wasatch Front data center

Art Raymond - https://www.deseret.com/utah/2019/12...-expansion-tax

EAGLE MOUNTAIN — Even before the first bytes of digital information are stored, social media giant Facebook on Wednesday announced plans to expand its data center project in the western Utah County community of Eagle Mountain...

...The expansion adds 500,000 square feet of additional facilities to the first phase and pushes the capital investment to $1 billion, according to the company. In a release, Facebook said it has made “great progress” on the project thus far, having poured over 41,000 yards of structural concrete and incorporated over 7,000 tons of steel.

https://assets.bwbx.io/images/users/...v1/1000x-1.jpg

Months of intrigue and controversy preceded the revelation that Facebook was the company behind the mammoth project, which includes construction of enormous warehouse-style buildings that house thousands of computer servers — the hardware behind the digital “cloud” — that store and process data...

...Facebook continues to be the most profitable social media company on the planet and just reported record revenues of over $17 billion for the third quarter of 2019. Facebook’s current market capitalization is over $570 billion. The company has continued to be highly profitable in spite of a bevy of criticism, legal actions and scrutiny by government entities around the world for its handling of personal data supplied by its users...

...In addition to its capital costs, Facebook is investing about $150 million in infrastructure improvements, including bringing power to the 500-acre site from a nearby high-capacity power line corridor, extending sewer and water service, bringing in telecommunication lines and improving roads.

That infrastructure investment is expected to be equalized by the Phase 1 tax benefits of $150 million over 20 years. That tax break gives Facebook 100% tax relief on personal property taxes due and 80% relief on real property taxes due for a term of 40 years for four of the five taxing entities it’s beholden to.

Only the Alpine School Board created some caps on those benefits, with limits of $40 million per phase and $120 million total over 35 years. Alpine School District represents the biggest beneficiary of the taxes Facebook will pay — and the entity giving up the most via the tax break package — as the recipient of about 70% of the total taxes due. The company will also enjoy some sales tax exemptions, created specifically for data centers by the Utah Legislature...

...Data centers represent large capital investments for the companies that construct them, the operations themselves require relatively little in terms of human staffing. The Facebook facility will require only a few dozen people to operate, though the company says the project will “support” 200 jobs on completion. Utah is currently home to numerous data centers, including facilities operated by eBay, Twitter, Oracle and the National Security Agency.

Located at the southwestern sector of Salt Lake City's Wasatch Front Metro, the rapidly expanding community of Eagle Mountain will be home to Facebooks gigantic data center.

https://assets.simpleviewinc.com/sim...1c6a9ebf24.jpg

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_________________________________________________________________________JetBlue founder David Neeleman to base new airline in Salt Lake City

Edward Russell - https://thepointsguy.com/news/jetblu...ake-city-moxy/

https://i1.wp.com/thepointsguy.com/w...x&w=2327&ssl=1

JetBlue Airlines and Azul founder David Neeleman will base his next airline venture in Salt Lake City as he returns to his aviation roots.

Breeze Aviation, the name of the corporation — but not necessarily the brand — that will own Neeleman’s new airline, set up shop in Salt Lake City, according to a Dec. 12 statement from the Utah Governor’s Office of
Economic Development. The Utah capital will be the headquarters for the airline, though not necessarily a hub.

Dubbed by many in the press as “Moxy” — the codename for Neeleman’s project — the new carrier hopes to begin carrying passengers in either late 2020 or early 2021. The airline will launch with used Embraer E190s
from Azul, before shifting to new Airbus A220s that begin arriving in 2021.

Sign up for the free daily TPG newsletter for more airline news!

However, the new carrier will may not end being called by the name Moxy, which is already used by Marriott for its millennial-focused hotel chain. Neeleman similarly called JetBlue “New Air” in the press prior to unveiling
the JetBlue name in 1999.

Neeleman’s new airline plans to fly point-to-point routes between underserved markets, bypassing major hubs like Atlanta or Chicago. However, where and when specifically is not yet known.

How Neeleman plans to launch the new venture in a year also remains to be seen. Recent attempts to start new carriers in the U.S. have been fraught with lengthy waits for approvals from the Federal Aviation Administration.
Some turned to leveraging or buying an existing airline’s operating certificate, but with little success.

Even Hawaiian Airlines, when it launched its regional subsidiary Ohana by Hawaiian in 2014, took nearly a year longer than planned due to a longer-than-expected approvals process.

Related: JetBlue founder may launch new U.S. startup ‘Moxy’ in 2020

Neeleman’s decision to land in Salt Lake City is a return home for him. Utah is where he got his start in the airline industry working, and then running, Morris Air until the carrier was sold to Southwest Airlines in 1994.

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[delts145]

Downtown Update - 95 So. State - Under Construction

Originally Posted by meman

December 7th - The "BIG POUR" for the Tower 8 foundation is going on right now downtown!!

The steel should be going up soon.

Originally Posted by msbutah

City Creek Reserve sent out this press release about 95 State (Tower 8)

City Creek Reserve, Inc. Makes It Official:
95 State at City Creek
to be SLC’s Newest Commercial Office Tower

SALT LAKE CITY – City Creek Reserve, Inc. (CCRI) today announced that Salt Lake City’s newest office tower to be constructed on the corner of State Street and 100 South will be named “95 State at City Creek.” The building will be the first high-rise development on State Street in decades.

According to Bruce Lyman, Director of Leasing for CCRI, 95 State’s downtown location and proximity to City Creek Center will offer businesses a compelling new choice for Class-A office space in Salt Lake City.

“95 State at City Creek is designed to appeal to today’s employees,” said Lyman. “Its central location and state-of-the-art amenities are designed to maximize wellness, sustainability and productivity to help our tenants make the most of their workday.”

...The project will include 498,000 square feet of leasable office space and an additional 39,000 square feet of meetinghouse space for The Church of Jesus Christ of Latter-day Saints. The office tower and meetinghouse will have separate entrances and will be independently operated.

95 State at City Creek will offer office tenants premier amenities such as dedicated executive parking, exercise facilities with daily instructional classes, a private entrance for cyclists with secure bike storage, automated window shading,
and personalized HVAC systems that will allow individuals to control their microclimate.

The building will also feature a 5th-floor garden terrace with 7,000 square feet of landscaping, a lobby with 28-foot floor-to-ceiling glass, on-site restaurant, and a renovated underground pedestrian walkway beneath State Street with direct, protected access to City Creek Center.

95 State at City Creek is designed to be the state’s first WELL Certified building with plans to also qualify for LEED Gold and Wired certifications.

Construction is set to begin this month with completion expected in Fall 2021.

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Note to reporters: Architectural renderings attached to this email.

Courtesy City Creek Reserve, Inc.


Courtesy City Creek Reserve, Inc.


November 9th - December 17th






Pics By ScottHarding

Originally Posted by meman

December 7th - The "BIG POUR" for the Tower 8 foundation is going on right now downtown!!

The steel should be going up soon.

December 17th



Pic By Atlas

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[shakman]

*delete*

[delts145]

Downtown - Update, Liberty Sky Apartments - Under Construction

Originally Posted by nushiof

Intermediate blue crane being installed at Liberty Sky this morning.

Originally Posted by meman

Has anyone out there noticed how shallow the excavation is for Liberty Sky/

It must not be any more than seven or eight feet deep. It just seems really shallow to me for a 24-story building.

Any Comments??

Originally Posted by Orlando

I believe that all the parking is in the structure that they built that will be shared with their 7-story apartment building on 2nd East. So, this is probably just a big matt foundation connected to piles driven into the soil.

Originally Posted by LeroyJenkins

Correct. There is no basement structure to Liberty Sky. All footings sit just slightly below grade.

(Artist's rendition courtesy of Cowboy Properties) Cowboy Properties and Boyer Co. are looking to build a 24-story apartment building on the east side of State Street between the Federal Building on 100 South and the Maverik headquarters building on 200 South. The $90 million project is being praised for its prospects of bringing more residents to downtown Salt Lake City.


November 9th





Pics By ScottHarding



December 17, 2019


Pic By Atlas

[delts145]

Downtown - Update - Kensingston Tower


https://i1.wp.com/www.buildingsaltla...78%2C381&ssl=1

December 18th & 19th

Originally Posted by nushiof

There is a drilling/coring machine set up on the Kensington lot today with multiple cement truck ready to rock. There is also a long steel beam being staged.

Lots of activity in that state street area these days!

Originally Posted by Orlando

Anyone care to take a pic of the happenings going on the Kensington site?

Originally Posted by Rileybo

Here’s a pic I got last night.

Pic By Rileybo - https://imgur.com/gallery/zYeyZZs

11/13/19 -

Originally Posted by meman

Just returned from the Salt Lake Planning Commission meeting tonight. The Height request variance for the Kensington Tower was unamiously approved tonight !!!

I spoke with the architect of the project and he stated construction is slated to begin IN Spring 2021!!

Originally Posted by stayinginformed

Wow Kensington Tower is moving quickly.

From the Planning meeting email notification:

Kensington Tower Design Review at approximately 69 East 200 South, 75 East 200 South, and 160 S. State St. - Emir Tursic of HKS Architecture, on behalf of 200 South LLC, is requesting approval for height and setback adjustments through the Design Review Process. The building is proposed on the northwest corner of State Street and 200 South. The subject parcels are within the D-1 (Central Business District) zone which allows for adjustments to the 100’ (minimum) and 375’ (maximum) height limits and the front and corner 5’ maximum setbacks via the design review process. The petitioner is seeking to increase the height of a section of the building fronting on State Street to a height of 448 feet. Another portion of the structure located behind the State Street and 200 South facades will be 83 feet in height. The petitioner is seeking approval for being less than the minimum height at that location. The setback adjustment is sought for the ground floor in limited areas on the south and east facades for parking access as well as outdoor dining space along 200 South. The subject parcels are located within Council District 4, represented by Ana Valdemoros. (Staff contact: Christopher Lee at (801) 535-7706 or christopher.lee@slcgov.com) Case number PLNPCM2019-00786

By Katie McKellar@KatieMcKellar for the Deseret News - https://www.deseret.com/utah/2019/9/...nsington-tower

..."Salt Lake City in the coming years is expected to see a massive building boom, particularly when it comes to skyscrapers...“Kensington Tower will set the stage for a
live/work/play concept and will rival other major metropolitan areas across the country, helping Salt Lake City recruit new professional talent and attract top companies to Utah,”

SALT LAKE CITY — Salt Lake City is poised to get another addition to its already fast-growing skyline — and this high-rise would shatter the city’s height record.

If approved, it will replace Carl’s Jr. restaurant at 75 E. 200 South. Towering at a total of 448 feet with 39 floors of luxury apartments, the proposed Kensington Tower at the corner of State Street and 200 South will bring Salt Lake City and Utah to new building heights if it wins approval from city officials.

“It will be the tallest building not just in Salt Lake, but the entire state,” said Molly Robinson, planning manager in the city’s planning division. “That’s pretty exciting. And the fact that it’s almost fully residential is even more amazing.”

Robinson said even city planners were “surprised” to see the proposed height, not knowing the developers — Boston-based Kensington Investment Company Inc. and architect HKS Inc. — would be so ambitious to reach for new heights with a residential building.

“We kind of expect our tallest buildings to be office space,” Robinson said. “That it will be 39 floors of luxury apartments — wow!”

A rendering of the proposed Kensington Tower, a 448-foot skyscraper on the northwest corner of State Street and 200 South. If approved, it would become the tallest addition to
Salt Lake City’s skyline. Salt Lake City Planning Commission

Salt Lake City’s current tallest building — the Wells Fargo Center — stands at 422 feet, which is 2 feet taller than the Church Office Building of The Church of Jesus Christ of Latter-day Saints.

Under Salt Lake City’s new design review process, any height request above 375 feet in downtown’s Central Business District requires approval from the Salt Lake City Planning Commission. The Kensington Tower is expected to come before the commission in coming months, Robinson said.

“Poised to become one of Salt Lake City’s most coveted addresses, the Kensington Tower will revolutionize downtown living in Salt Lake City while expanding the downtown skyline,” designers wrote in a project narrative submitted to Salt Lake City’s planning department.

Kensington Tower would feature nearly 680,000 square feet of luxury apartments, a six-level parking structure, an “outdoor urban park,” a clubhouse, a fitness center, a work lounge with conference rooms, a rooftop pool next to a spa and wellness center, a 4,000-square-foot roof terrace with “panoramic views” of the Wasatch Front, and exclusive sky lounge access for penthouse residents, according to planning documents.

The building would be 412 feet, plus an additional 36 feet for a high-speed elevator and mechanical equipment penthouse, according to planning documents.

The tower will feature 380 units, including studios, one- and two-bedroom apartments, which will be “crowned with two levels of exclusive penthouse units,” according to a narrative of the project. It will also feature 40,000 square feet of communal amenities on three different floors to “create a unique vertical urban community,” designers wrote.

Designers also say the tower will feature an “extensive amenity program” with “unparalleled service support,” including 24-hour concierge, package delivery, dry cleaning services, a pet spa and other services “that will make the urban living experience convenient and uniquely luxurious.”

“Kensington Tower will set the stage for a live/work/play concept and will rival other major metropolitan areas across the country, helping Salt Lake City recruit new professional talent and attract top companies to Utah,” designers wrote in the planning documents.

Additionally, developers seek to make Kensington Tower an “exemplar steward of the environment.” Designers say the project will aim to “minimize its carbon footprint” through design, construction and operations and will promote electric vehicles and bicycle share programs. It will also seek LEED Gold Certification for design and construction.

Developers will also explore using “photovoltaic vertical fins” — or new type of solar technology along the side of the building” — with the goal to produce enough solar energy for lighting in all public and communal areas, designers wrote.

Salt Lake City in coming years is expected to see a massive building boom, particularly when it comes to skyscrapers. Utah’s capital’s skyline is poised to add at least six high-rise projects that are in planning or slated to begin construction. The Kensington Tower is the latest proposal, preceded by a 375-foot skyscraper proposed to replace the old Utah Theater.

Salt Lake City residents and visitors can expect a snarl of construction in coming years in the heart of downtown. If approved, the Kensington Tower will be just across the street from a 262-foot, 270-unit residential tower called Liberty Sky at 151 S. State and barely a block away from a 395-foot office building named Tower 8 coming to 95 S. State, directly west of the Harmons grocery store.

Robinson said the site of the Carl’s Jr. drive-thru is a fitting spot for a new Salt Lake skyscraper, right on the east edge of the downtown core and a desirable address for people wanting to live or work in Utah’s capital.

Because of its special height request, Robinson said the city’s new design review process, automatically sending additional height requests to the Planning Commission, will allow more “public scrutiny” for projects like Kensington Tower, noting taller buildings have a “larger impact in a variety of ways on our city” in both scale and housing density.

“This particular project is going to be such a visible contribution to our skyline,” Robinson said. “That has impacts on the image and quality of the city that we want to project beyond just Salt Lake City, but this is an addition to the postcard picture of downtown.”

The project hasn’t yet been scheduled for consideration in front of the Planning Commission, but Robinson said it’s expected in coming months.

Additional Renderings

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[delts145]

Update - Sugar House District - Developer submits plans for Sugar House mixed-use redevelopment at 21st & 21st

Taylor Anderson Reports - Full Article @ https://www.buildingsaltlake.com/dev...-at-21st-21st/

A developer is seeking the go-ahead of a mixed-use project that would bring over 100 new residents, shops and restaurants surrounding the popular greasy spoon Blue Plate Diner in east Sugar House.

The block is currently home to both vacant and existing Chinese cuisine, multiple tailoring/alterations shops, law office, salon and barbershop.
The project, dubbed the Twenty Ones, seeks to breathe new life into the block. It would also continue the trend of adding medium density developments throughout Sugar House.

Among the project’s details:

99 high-end residential units
22 residential units above retail in a two-story building
77 residential units in a new three-story building
16,000 square feet of retail
165 stalls of underground and above-ground parking

The developers wrote that they’ll seek out specific restaurants shops and service-oriented retail for the project once completed, citing Holladay Village Square in Holladay as an example.

Rendering of the proposed "Twenty Ones" mixed use development in east Sugar House. Rendering by AE Urbia Architects and Engineers.

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[delts145]

Downtown & Metro - 10 years of data for new office builds puts Salt Lake City metro among high achievers nationwide

BuildingSaltLake.com - Luke Garrott Reporting - Full Article @ https://www.buildingsaltlake.com/10-...rs-nationwide/

...Suburban SLC growth is eye-popping

...In addition, suburban growth in the Salt Lake City metro region was downright explosive from 2008-18. Some major competing cities suburban office space expansion lagged behind Salt Lake’s by as much of a factor as 1 to 5, also Portland’s compared at 1 to 7.

Salt Lake City suburban office SF grew by 43.1% from 2008-16. Compared to... and Portland’s 6.59%, it’s an impressive number.

Rendering of West Valley City's Fairbourne Station office and civic campus as designed by Bowen Studios and EDA Architects.

Suburban growth continues to be the main story of new office construction. That’s no surprise, given the incentives for developers to locate new projects there. Affordable land cost, location near freeways, and shorter construction schedules for greenfield development all add up.

Downtown’s prospects?

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Originally Posted by delts145

Pictured Above: Two recently and newly completed office towers and one office tower under construction, all in the first ring of the Downtown CBD. A new city administration with specific impetus goals relating to core density in the CBD, trusted industry experts, and an explosive Salt Lake City & Metro job market all point to an accelerated rise in downtown tower development numbers within the first urban ring. The main challenge right now is to find enough skilled labor to keep up with the demand.

CBD development is difficult and expensive – space and capital are at a premium. Yet Salt Lake City’s CBD office market, as well as its luxury apartment supply, continues to grow robustly. It outpaces Portland and other competing cities in the 2008-16 period by more than 2 to 1.

Where Salt Lake City lags behind other comparable cities is in new office construction in the first urban ring.

The city council has just approved a zoning rewrite for its D-2 zone and demand for office space continues to rise near transit and Downtown.

According to its planning director, Nick Norris, there are “virtually no design standards” in the Central Business District, and planning is hoping to get a revision process started in 2020. It will include a proposal for minimum height requirements in the CBD, and may allow taller buildings midblock.

It remains to be seen if Salt Lake City will soon be measuring substantial urban growth in office demand just outside its Central Business District.

Editor’s note: A previous version of this story failed to mention that the D-2 zoning rewrite was completed, and added information on the upcoming CBD process.

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[MN/WI]

Love that ski chalet as well. Some nice proposals as well.

[delts145]

Downtown Update - The Brinshore Development

Originally Posted by airhero

CBSDR application submitted for 255 S State (13 and 8 story buildings at former La Porte site). Yet another project taking an additional step.

"An artist's rendering of the mixed-use, 190-unit development by Brinshore Development LLC at 255 S. State Street in Salt Lake City. One building will stand 13 stories tall and the other eight stories tall."


http://img.ksl.com/slc/2742/274257/27425789.png


For additional information on this development follow Luke Garrott @ BuildingSaltLake.com - https://www.buildingsaltlake.com/aff...alt-lake-city/


The Cramer House on Floral Street, planned for a restaurant on the ground floor and a living space above. Photo by Luke Garrott.


Rendering of the paseo, seen from Floral Street west towards State. Image courtesy SLC RDA public documents




December 17th

Pic By Atlas

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[delts145]

Wasatch Front Tech jobs growing twice as fast as other states


Jobs in the Utah tech sector are growing twice as fast as the rest of the country, and most of that growth is in Southern Metro of Utah County according to a report presented at the Utah Economic Summit

Gina Halladay, Lehi Free Press

Utah has been named the state with the most robust job growth between August 2017 to August 2018, according to a report by the Kem C. Gardner Policy Institute that was presented at the Utah Economic Summit recently. That growth can be attributed in large part to Utah County, as without Utah County’s numbers in that calculation, Utah would only be in fifth place nationally.

The population of Utah has increased by 263,178 people in the last five years. “We’ve added a population the size of Weber County in five years,” said Natalie Gochnour, director of the Kem C. Gardner Policy Institute. Population growth is often a sign of economic strength, and the state of Utah is the fastest-growing economy by job growth in the nation. The Point of the Mountain and the Lehi area are quickly becoming the “uptown” to Salt Lake City’s “downtown,” she said. “Population, power, political power, economic power, are all shifting south in the state.”

Tech sector growth can be witnessed by anyone driving in Lehi along the freeway seeing the rate office buildings are going up. Companies like Podium, which started five years ago in a Provo apartment by CEO Eric Rea, moved into a brand new 150,000 square-foot building in Lehi just nine months ago. They have already outgrown it. A few days ago, they broke ground on a new $20 million building which will become their new headquarters. “Today we broke ground for our second building at Podium HQ. Over the past four years, we’ve gone from five to over 500 employees, and with this expansion, our campus will have room for 1,600 employees,” according to Podium’s social media platform.

Podium innovated a cloud-based platform which helps businesses make customer interactions fast and easy. Their products help offline business attract, communicate with and retain customers through the careful management of their online presences and messaging tools. Podium was also listed by Inc. Magazine as one of the best workplaces in 2018 and 2019.

“Local businesses are the lifeblood of our economy and our communities. This new building will allow us to continue to scale and grow to help fill in the communication gap between those businesses and their customers,” said Rea.

Other issues addressed at the Economic Summit included housing, the fusion of technology and artificial intelligence (like automated cars), quality of life, and the growing pains of fast growth. For a full report of the economic summit see the website: https://gardner.utah.edu

[delts145]

Parting Shot

Northern Metro - Powder Mountain Ski Resort

https://www.skiutah.com/members/powd...0x650/hero--xl

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