Salt Lake:Official development news thread

[jedikermit]

I love some of these ideas, like the mid-block connection from Main to Regent Street--that would be a great asset.

How many stories would a 500,000 square foot office building be? Approximately?

[delts145]

Big plans: SLC in for extreme makeover
Utah capital's business owners are 'giddy with excitement' over projects


Builders and bureaucrats revel in its rarity: a comprehensive metropolitan makeover that includes a new downtown core, a cultural upgrade and a condo boom.


http://www.sltrib.com/ci_8712154


Mark B. Gibbons, president of City Creek Reserve, the downtown Salt Lake City redevelopment arm of the Church of Jesus Christ of Latter-day Saints, gives a presentation of the project's plans at the 2008 Downtown Economic Forum on Wednesday. (Al Hartmann/The Salt Lake Tribune )

.

[jedikermit]

Oh yeah--and how many stories would a 800 room hotel be? I have no idea how to translate some of that stuff. I'm slow.

[Future Mayor]

Originally Posted by jedikermit

I love some of these ideas, like the mid-block connection from Main to Regent Street--that would be a great asset.

How many stories would a 500,000 square foot office building be? Approximately?

The One Utah Center building is listed by Boyer, (I figured they would know the best) at 420,000 sq ft with 24 stories. With a similar basic square footprint that would but a 500,000 sq ft tower at 28-29 stories, with the same avererage heigh per floor as One Utah that would put it at 408 ft, while I like One Utah I'm not all for having the identical building with only 4 more floors.

So I would guess depending on the design it could range anywhere from 22 to 32 stories 340' to 440'.

[rmarkosian]

The Forgotten and Neglected History of Downtown Salt Lake City's Main Street

Mall success and city vitality are a contradiction in terms. One only needs look back 35 years ago to understand this truism. When the Crossroads Mall was built across the street from the ZCMI center, the downtown malls were an instant success. The malls quickly offered a tax revenue windfall for the city coffers, which Salt Lake had been loosing to the suburban shopping centers for years. However, there is another side to the story that has been completely neglected by the local Utah media...

read full story provided by UtahStories.com

[SLCforme]

I would LOVE to live in a newly converted condo in the Tribune building. That is a perfect location in a historic building; I really couldn't ask for anything better. Of course I would insist on a seismic upgrade before moving in

[urbanboy]

Hey TimeSaltLake, was this a public meeting? I would have really liked to have been in attendance!

I like the idea of a pedestrian walkway between Regent Street and Main, only if it were in place, or part, of the building just north of the Tribune building.

Does anyone remember me saying the Tribune building should be converted to housing units? Well I did, a long time ago.

I'm nervous about the existing buildings around West Temple and First south. especially the Bennet Building on First South, the building that houses Mikado, and the white Arrow Press Square building on West Temple. I love all of these buildings and would hate to see them go!

It seems as though the Utah Theater would need more than 30 Million for renovations.

And Yaaaay for the relocation of the Federal Reserve. Maybe this means they'd put the Glass tower there instead! (State Street, 100 South)

[Future Mayor]

I would prefer to see a tower on the Fed Reserve site rather than the Bennion Jewler site on Main. I would like to see the skyline widen E-W while still filling in the gaps between 100 S and 300 S.

[TimeSaltlake]

Urbanboy,

Yes it was. It was for the public willing to pay $20. I thought it was worth it. The Veiw is one that only a poet could discribe

[urbanboy]

I wish you would have posted it.

[TimeSaltlake]

It was posted by Viperlord on page 216 of this forum. Then I posted that I had 3 reservation openings for any one who was interested in going to the "Development Forum," and only Viperlord responded.

But next time I will personally invite you This way, I wont be the only Skyscraper Geek there. Since Viper has people to attend for him.

Viper< are you hiring?

[SLC Tortfeasor]

Originally Posted by T-Mac

I just heard a rumor today at work from some clients that say that the Marmalade project is bankrupt. The bright spot from what I heard is that there are a couple of developers that are bidding on it. Granted this is only a rumor and I have no facts to support it, but it makes more sense to me since there has been no activity at that site since late August of last year. It will be interesting to keep on eye on this to see what happens with it, if this turns out to be true.

Oh, this will make me cry if true.

But it's a Howa project. I doubt Howa is bankrupt. I think it's much more likely that they just haven't had as much interest in the luxury condos and townhomes as they expected, and so its profitability is being called into question. But this is all rank speculation on my part.

[T-Mac]

I wouldn't say that Howa is out of money. Generally, they form a new company to handle the development and infuse cash to handle the upfront costs while they negotiate financing for the construction along with working to get the presales going. I assume that what my clients understanding is, is that the company formed to handle the development is out of money and the pre-sales haven't been there to support the construction of the project. Other developers may have better luck through connections they may have or through better advertising. I too hope that this project gets going or if Howa can't do it, then someone else will step in and take it.

[UTvision]

Yeah, I don't think HOWA could run out of money. They could always sell the Utah/Pantages Theatre if they need more.

[RFPCME]

Originally Posted by Orlando

I've been to Atlanta a couple times in the last year, and I lived there for about 6 years before then. There definitely is a lot of building going on in Buckead, and there are some cool buildings being constructed. However, Buckhead has developed in a haphazard sort of way, meaning that there really hasn't been any planning. It's a bunch of glitzy highrises and a couple glitzy malls, but you have to drive to get anywhere in Buckhead. It's a maze of highways threading through there, and there really is no pedestrian friendly street presence in Buckhead. So, yes, they have some cool highrises that are cool to look at driving through Buckhead, but it really lacks the urban pedestrian quality that really make a good urban experience.

Orlando, you are absolutely right about the poor pedestrian access on the North Side of Buckhead. Reminds me of LA. But the new development from Lennox Ave south is exactly the opposite. No more than narrow 4 lanes with ample tree-lined sidewalks, to the point that the forumers on the Atlanta Development thread now refer to any development with narrow streets and wide sidewalks as "Buckheadish", which brings me back to Salt Lake.

In any downtown you must have access to its borders, then you want more pedestrians and fewer cars. Salt Lake is a bit different because it has the University and the University Hospital, plus Research Park on the Eastbench, meaning there also must be throughput close to the CBD. 5th S. and 6th S. provide efficient throughput to 7th East. But then it stops. Much of the traffic uses 5th S/4th S route to gain access to the University area.

A better solution would be to extend the one-way reach of 5th S. westbound and 6th S. eastbound all the way to at least 13th E. In that way, it would take pressure off of the 4th/5th S. corridor, allowing for more development in the area (beyond strip malls) and less congestion, while still maintaining University ingress and egress.

I would like comments from people who truly know planning.

[delts145]

Future Mayor, I've been wanting to ask you if in your research on your project, you came up with different variations on exterior materials and their cost differences? For example, the old Auerbach building pictured below is not a complicated project to duplicate. However, what would be the difference in using the stone panels vs. stucco?

[Future Mayor]

Originally Posted by delts145

Future Mayor, I've been wanting to ask you if in your research on your project, you came up with different variations on exterior materials and their cost differences? For example, the old Auerbach building pictured below is not a complicated project to duplicate. However, what would be the difference in using the stone panels vs. stucco?

Well my original project was a reuse project not having to take into account exterior treatments, not sure if that project will happen now, complications with property acquisition have occurred. Don't worry however, I have a new first project that I have just started to think about. As for replicating exteriors while I have considered it I have not put any research to costs. Sorry.

[SLC Projects]

A map of downtown Projects.
Found this in the news paper. (Strib)

[delts145]

Originally Posted by Future Mayor

Well my original project was a reuse project not having to take into account exterior treatments, not sure if that project will happen now, complications with property acquisition have occurred. Don't worry however, I have a new first project that I have just started to think about. As for replicating exteriors while I have considered it I have not put any research to costs. Sorry.

No problem, I was just curious as to the profit margins. I would like to see more finish work done in the tradition of the Kearn's building or say the Commercial Club. So many of these beautiful historical buildings are priceless because of the care and craftsmanship on their exteriors.

[Comrade]

Originally Posted by SLC Projects

A map of downtown Projects.
Found this in the news paper. (Strib)

What a worthless map, it doesn't even list the project names.