Salt Lake:Official development news thread

[delts145]

I think I'm going to make a point of going by that area in Sandy this next week to check it out. Maybe see what potential there really is.

[SLC Projects]

Construction Begins Today on New Trax Line
January 8th, 2007 @ 7:02am

(KSL News) Motorists can expect major traffic changes to some downtown Salt Lake streets, as construction begins on a new TRAX line.

Today, construction begins on the TRAX extension to the new Salt Lake Intermodal Hub. It will connect the Arena stop with the Intermodal Hub and the soon-to-be up-and-running Frontrunner Commuter Rail.


The line will run south on 400 West, from South Temple to 200 South.

At 200 South it will head west, then turn south on 600 West, coming to an end at the Intermodal Hub.

Be aware, east and west traffic on 100 South at 400 West will be closed. Signs are up that will announce traffic pattern changes.






It's going to be a pain to get around the Gateway Mall now, but it will be worth it in the end.

[delts145]

YESSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!! MORE TRAX !!!!!!!!!!!!!!!!!

[SLC Projects]

Updated pic of the IV Gateway building downtown..................

[N2I.F.]

Originally Posted by delts145

'Magnificent deed' gives Riverton a Catholic school
By Roxana Orellana
The Salt Lake Tribune
Article Last Updated: 01/05/2007 09:00:23 PM MST


"It's a tremendous gift. We hoped for some help but not the total construction of the school. We're all very enthusiastic."
THE REV. FRANCISCO PIRES

RIVERTON - The five-acre parcel of land at 11800 S. 3600 West is empty. Construction machinery won't even make it to the site until spring, but already the calls from interested parents have started to come in.
"What will tuition be? When can I sign up my child?" are questions the Rev. Francisco Pires has been fielding since the Roman Catholic Diocese of Salt Lake City announced a gift that will enable St. Andrew's Catholic Church to build a school.
The ALSAM Foundation donated an unspecified sum to build the new school.
"It's a tremendous gift," Pires said. "We hoped for some help but not the total construction of the school. We're all very enthusiastic."
St. Andrew's, which serves about 200 families, formed as a parish three months ago and without a place to call home yet, meets for Sunday Mass at Megaplex Theatres in West Jordan. Other activities, such as spiritual education classes, are taught at Wasatch Memorial Park. Confirmation classes are held at Pires' home, which doubles as the parish rectory.
Construction of the school is expected to begin in May and be completed by August 2008 on land the diocese bought a couple of years ago. Because
the school is expected to be built before the actual church, the congregation will use the gymnasium and classrooms for Mass and other church activities.
Plans call for a pre-kindergarten to sixth- or eighth-grade school for families in fast-growing Riverton, where there is no Catholic school. The nearest schools are St. Francis Xavier, at 4501 W. 5215 South in Kearns, and St. John the Baptist, at 300 E. 11800 South in Draper.
Sister Catherine Kamphaus, superintendent of Utah Catholic schools, said St. Andrew's school will feed into Juan Diego High School, in Draper.
Juan Diego and St. John the Baptist also were built thanks to a 1999 donation from the ALSAM Foundation, funded by L.S. and Aline Skaggs.
"We're kind of overwhelmed. They keep giving like that. We are just so grateful," Sister Kamphaus said. "We do not lose sight of the fact that it was a gift, pure gratitude, pure philanthropy."
Ronny Cutshall, president of the ALSAM Foundation, said the Skaggs simply seek to further Catholic education in the state.
Additional grades will be added to St. Andrew's depending on the number of students who apply and are enrolled. Kamphaus said tuition will be the same as that of other Catholic schools (approximately $3,500 annually), and tuition assistance will be available to those who are eligible.
Beatriz and Rigoberto Ramirez, of West Jordan, called ALSAM's donation "a magnificent deed" that will help provide children like theirs a religious aspect to their basic education.
Jose and Marina Ramirez, of Riverton, also members at the parish since it began, said they hope the school and church will be built soon.
Utah's Catholic school system has about 5,600 students in its 14 schools, which include three high schools, one middle school and 10 elementaries.
"We're really excited. We'd like 10 more [schools]," Kamphaus said.
Not having to worry anymore about how to build the school, Pires said the parish will now focus on building the church.
"This donation makes our objective clearer of where we want to go. If we had to start from zero it would be a lot more difficult," Pires said. "It makes my job and the community's easier."
---

Delts, Are you trying to tell us there are thousands of Catholic children being educated in Catholic schools in UTAH? Surely, those who have pre-conceived notions will think YOU wrote this article for the paper.

Good for all invovled. Wow having church in the movie theatres. Wonder if they serve snacks?

[delts145]

LOL, Yeah right, you found me out. I'm actually the religion editor for the Trib and The Deseret News! My cover has been blown.

Interesting side note: The recently completed Skagg's Catholic Center in Draper is considered one of the finest in the Catholic Church, school system.

[i-215]

That architecture sure beats the tan-brick I'm seeing down here at the 'Y.

[jedikermit]

Originally Posted by i-215

That architecture sure beats the tan-brick I'm seeing down here at the 'Y.

Or the red brick I'm seeing up here at the U.

Actually, the U has done a few nice things in the last several years...but it's pretty uninspiring.

Or maybe that's just my tuition bill talking.

[delts145]

It seems like the big building additions of the 60's and 70's at the Y. and the U. are all pretty dated looking. But where they've gone in and updated we're getting some really attractive buildings.

I don't know if you guys remember the old J.F.S. building, but this is a huge improvement.

[Viperlord]

http://www.ksl.com/?nid=148&sid=788723

House Speaker Withdraws Support for Soccer Stadium Funding Plan
January 9th, 2007 @ 11:31am
Ashley Hayes Reporting

Just when you thought the fight over building Salt Lake ReAL a new soccer stadium was over, it's on again.

Despite a groundbreaking ceremony last year, House Speaker Greg Curtis says the deal is dead and it's time to move on.

We were there for the announcements and the groundbreaking last year. It looked like the stadium was a go. But now it seems that all may have been premature.

As reported by the Salt Lake Tribune, House Speaker Greg Curtis said the project has been on life support and he plans on pulling the plug.

Curtis says delays made by Salt Lake County politicians and stadium burnout have even compelled the architect to leave.

Curtis has filed a bill to use the hotel tax money for a TRAX line to the airport instead of its intended use for the stadium.

Curtis says if the legislature removes the food sales tax this session, the Utah Transit Authority will need hotel tax dollars to pay for the TRAX project.

He spoke to KSL-Newsradio earlier this morning. Greg Curtis: "I'm not pulling the plug because I'm anti-soccer. I still think it makes sense for Salt Lake County. I think it makes sense for Sandy City. I'd love to see the deal done. But there are certain things where you don't jump in there and say ok the state of Utah is going to take over because Salt Lake County has decided we're not going to do the deal."

County leaders were caught off guard by Curtis' comments. They've been waiting on a financial project review of the stadium due out at the same time the legislature convenes this month.

County Mayor Peter Caroon is out of town, but his office says they will continue with the process they've laid out.

Sandy Mayor Tom Dolan told the Tribune he's been disappointed with how long the stadium deal has been going, but hopes the county will come through with the financial plan before Curtis changes the hotel tax.

You can get a feel for just how fed up Curtis is. He said the legislature is burned out, and after this session he doesn't ever want to hear the word soccer again.

ReAl owner Dave Checketts is expected to meet with the press sometime today.

Sandy and Salt Lake County are supposed to contribute 45 million dollars to the stadium deal. But if Curtis cuts funding for "Project Beehive" as the 140-million dolllar project has been called, it looks like that won't happen.

[Viperlord]

The influential Sandy Republican says repeated delays by Salt Lake County politicians and soccer burnout on Capitol Hill has compelled the one-time Real Salt Lake stadium driver to move on.
Another reason: Curtis' stunningly close re-election, which he says critics twisted into a referendum on the stadium project. He won in November by only 20 votes.



only 20 votes, yeah... i think that is the real reason he is done with this stadium.

[SmilingBob]

Something will have to give soon. Declining vacancy rates, rising rents and rising construction costs.

It still boogles my mind that with the limited Class A availability and rising rents we aren't seeing more in the way of new contruction. It appears that no one is willing to speculate and build large buildings unless they are fully leased before completion.

It is better for a developer to have as much of it leased out before they complete the building, but what is up with the lack of large (200,000 sq. ft.) buildings in development?

The company I work for in Utah Valley could use 40,000 sq. ft. of high tech office space. Currently there are limited options for what we are looking to use. There might be enough square footage out there, but it isn't set up to work well for our use.

If we are having trouble finding a space to fulfill our needs, I would bet that there are many companies in SL county with similar needs.


Jan. 8, 2007

Report: full steam ahead for SL County real estate market

Commercial real estate brokerage Commerce CRG has compiled its numbers for 2006 and made predictions for 2007 for the Salt Lake County market.


Highlights and Projections for Salt Lake County


A steep decline in Class A office space downtown. The Class A vacancy rate dropped by 50 percent last year to 1.35 percent. This is an historic low.

As the Key Bank Tower empties and companies relocate, the clamor for space will only intensify. Compared with the fourth quarter of 2005, overall 2006 vacancies went down from 10.81 percent to 10.28 percent.

Faced with this Class A shortage, an increasing number of companies needing larger spaces are opting to build their own facilities. Some examples include Fidelity Investments, Myriad Genetics, Southern Nevada University and Spillman Technologies.

New construction is currently very expensive. Thus, there's been a sharp spike in rents. The cost of labor is also rising, though the cost of construction materials is leveling off.

Utah's economy is attracting national interest from companies taking a serious look at Utah as a site for potential expansion. Those already here are considering expansion in the state.

[SLC Projects]

"Just when you thought the fight over building Salt Lake ReAL a new soccer stadium was over, it's on again. "



This is starting to get really old. This whole stadium deal is just one BIG tease. One day it's going to get built, the next day it's not. So what's the real deal here? Is it or is it not going to get built?

I went to that ground breaking back in Aug. thinking that all the issues were behind us and that this project would finaly move forward. But that was FIVE months ago and the site is still just a field. A field of lost dreams.

I'm starting to think that even The 222 south main tower has a shot of breaking ground before the RSL stadium does. This most be a very hard day for all those die hard fans out there.

I really hope that a deal can be make. A real deal. I can't even begine to say how bad this will make salt lake and utah look if we end up losing this team becomes city leaders and business leaders can't seem to get their head out their asses to find a way to make this work. If we lose RSL NOONE will EVER want to move a Major sport team to utah again.

[SLC Projects]

Originally Posted by delts145

I went by there the other week. I had no idea just how big this school really is. I love the design of the building(s). It is one of a kind for sure.

[arkhitektor]

Originally Posted by Viperlord

http://www.ksl.com/?nid=148&sid=788723

Curtis has filed a bill to use the hotel tax money for a TRAX line to the airport instead of its intended use for the stadium.

Curtis says if the legislature removes the food sales tax this session, the Utah Transit Authority will need hotel tax dollars to pay for the TRAX project.

I'll take TRAX to the airport over a soccer stadium in Sandy any day of the week.

[pdxman]

OK, so I haven't really looked back in this thread to see if this has already been posted but I haven't heard any talk of it so i thought I'd post it. Seems like a pretty big, important project (if its still on the table). Seems like a bigger, more spread out Gateway.

Theres more information on it at centercal.com

[SLCFly'n]

This is a similar project starting in North Salt Lake:
http://www.clippertoday.com/default.asp?...=&pform=&sc=1005&hn=clippertoday&he=.com

I saw the layout plans for this at city hall looks pretty cool (for NSL).

[SLC Projects]

Originally Posted by pdxman

OK, so I haven't really looked back in this thread to see if this has already been posted but I haven't heard any talk of it so i thought I'd post it. Seems like a pretty big, important project (if its still on the table). Seems like a bigger, more spread out Gateway.

Theres more information on it at centercal.com

Station Park


Station Park will be the preeminent lifestyle shopping center in the Salt Lake City region. The project will consist of approximately eight hundred thousand square feet of retail, entertainment, restaurant, office and hotel space. Station Park will offer the finest tenant mix and the finest presentation to the customer anywhere to be found along the Wasatch Front. Located at the intersection of Interstate 15, Highway 89, the new Legacy Parkway and the new Utah Transit Authority Commuter Rail, Station Park will enjoy the highest daily traffic counts to be found in the State of Utah. At this intersection Station Park will be well positioned to serve some of the strongest household demographics from Salt Lake City to the suburbs to the north.

Station Park will be home to a broad selection of apparel, home goods, entertainment and restaurant opportunities, offering the discriminating shopper an experience unrivaled in the region.

[delts145]

Pdxman, whether this was posted before with pics etc I don't know, but I'm glad you brought it up again. In reviewing the different projects of this particular development group, "this is a big upscale positive." I'm really liking the design elements,particularly the large Victorian Canopy. What count of Lifestyle Centers are we at now along the Wasatch? Man, I'm loosing track. Between this, Farmington/Bountiful/No. Salt Lake sector and Provo there are a lot that either already exist and are expanding big time,are under construction, current malls converting over to the lifestyle theme, and projects breaking ground within the next year.
Recently I visited a large new lifestyle center on the western perimeter of Metro L.A.,(Rancho Cucamonga). The concept was great, but the execution,"materials, building designs, etc. was very disapointing." Projects like this one above will assure the Wasatch Projects keep the competitive bar high.
Does anyone know exactly where in relationship to Lagoon this project will be? Man, this is going to give that area a big one-two punch.

[delts145]

South Jordon's ever-expanding new Town Center.







new megaplex 20

old is new again. Craftsman example of new dental offices.

One of a large stock of Mansion Neighborhoods now built or being built throughout So. Jordon.