Quote:
Originally Posted by arkhitektor
I listened to part of a discussion about Earl Holding last week on RadioWest. They were discussing the book Bargaining for Eden
The author of the book quoted Holding as having said that "I will never be happy until I own all of the land next to mine"
It seems that he is bent on owning gobs and gobs of land, though he really has no interest in developing any of it. I think Utah is going to have to wait until the man is dead to see anything developed on his massive land holdings in downtown Salt Lake City.
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By the way, I should have mentioned earlier, I know Earl Holding would like to develop the block north of the Little America into a mini-Gateway shopping complex with very high-end retail, but he is supposedly waiting until market conditions are right or some nonsense. I don't know if he'll ever actually build it or what.
When I worked at the Grand America, several people mentioned Holding's retail plans for the block, as the feds were trying to sieze it for a courthouse and others suggested it for Réal Soccer. The federal govt was about to basically just sieze the block, but Orrin Hatch stepped in and stopped them. :/
I think Holding should have offered up the block for soccer. I think it would have been a HUGE boon to his hotels to have the soccer stadium next door. He probably could have worked out a deal where there was retail around the base of it, that he owned... maybe even convention space below it or something that was connected to Little America.
I also think Earl Holding made a BIG mistake in building the Grand America where he did and not NORTH of Little America. If the Grand had been built on the other block, it would have tied it into downtown more by being one block closer to downtown, 2 block closer to the Salt Palace, etc. He would have avoided the problems he had in having to redesign the hotel because of the flower shop and pawn shop not selling their land to him, and he could have connected the convention space of both the Little and Grand America hotels across the two blocks making for a powerhouse of a hotel convention space. NOT very bright.