Quote:
Originally Posted by Justnslcsugarhood.
So, Denver, In my opinion, had a much more substantial downtown twenty to thirty years ago then does SLC in the present.
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And each city is in the correct role at the correct time. I believe that Denver in the 80's was a much larger city than SLC is now and much more regionally significant. Really comparing cities is fruitless in terms of their downtowns. SLC is not Denver, or Phoenix, or Boise, or Reno, or anywhere else. All of these places have some similarities, but they also have enough differences to make them each unique. And they each play a role in the region where they are located, but the role is defined by their significance. This is true of all places, not just major cities.
I think process is more of deterrent to development than ordinances. Ordinances come in to play when they make it clear what is desirable and then make it easy to built a desirable project. This is the biggest weakness in SLC in my opinion. Most developers don't mind the regulations, but they do mind long, drawn out processes that are not predictible. Not predictable in terms of approvals, but predictible in terms of time frames, steps required, etc.
SLC early booms are correleated with mining booms. Other than that, we have never really had a sector of industry that has created similar booms or that have dominated the local economy. This is both good and bad, because although the highs are not as high, the lows are not as low. We may if energy ever developes further, but until then, I just don't see it. I suspect other places with struggling downtowns have similar economic conditions in terms of booming sectors. The one thing that all of these places you mentioned do have in common, in terms of economic drivers, is the single family housing sector, which has boomed in all of these places at different times.