Salt Lake:Official development news thread

[Viperlord]

Feb. 18, 2008

$7 million being invested in rehab of historic Boston Building

By Barbara Rattle
The Enterprise

Now in its 100th year at 9 Exchange Place in downtown Salt Lake City, the Boston Building is being completely renovated and restored to bring back the elegance it had when it was built in 1907.

Hamilton Partners, which acquired the Boston Building last April, is investing more than $7 million to refurbish the 107,000 square foot building and restore it to near historical accuracy.

"We have been taking every opportunity we can to restore and try to bring back the original feel of the Boston Building," said Eric Smith of CB Richard Ellis, leasing agent for the building. "We're trying to bring back some of the original finishes that we know of. We're trying to bring back the ceiling heights and raise them back up to 10 feet or higher, we're trying to restore some of the window moldings that are remaining in the building, we're restoring the lobby and just doing things to bring the building back to the way it should be."

To begin the restoration, Hamilton Partners completely gutted the building above the first floor lobby in order to install a new heating and air conditioning system, new electrical systems and to provide the building with a sprinkler system. Ceilings in the first and second floor lobbies will be raised to 14 feet, and ceilings on the 11th floor will be raised to their original 16-foot height. In addition, all elevators in the building will be replaced.