Salt Lake MSA Development Thread

[delts145]

SLCC building to relieve classroom space crunch

http://www.sltrib.com/sltrib/neighbo...-salt.html.csp

Salt Lake Community College has begun construction on a large building that will create much-needed classroom space for Utah’s largest student body.

Although officials broke ground last week on the college’s main Taylorsville campus, the structure is still undergoing a program review by AJC Architects. It is expected to cover 136,000 square feet on three levels, built over the site of the recently demolished automotive trades building.

Most of the building will be taken up by classrooms, which are in crushing short supply at the college after several straight semesters of banner enrollment growth...


Paul Fraughton | The Salt Lake Tribune) The site of Salt Lake Community College's new Instructional and Administration Building where the old automotive buildings once stood. onWednesday,November 10, 2010

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[SLC Projects]

The classroom crunch was the main reason why I stopped going to SLCC and ending up going to a private collage. I wanted to be in a smaller class size where the teachers know me by name and not by a number.

[Portland Dude]

Its about time the SLC area gets a Crate and Barrel.

[delts145]

Major development idea, tied to military talks, unveiled for U.S. 40 land

More than 1 million square feet envisioned in The Summit at Park City

http://www.parkrecord.com/ci_1666060...ce=most_viewed

Blueprints for a major development along U.S. 40 have turned up on an Internet site promoting what has been dubbed The Summit at Park City, a hub that appears to be the long-anticipated commercial district that could help finance a hotel offering military discounts in the area.

The website positions the development on a triangular piece of land abutting U.S. 40 midway between Quinn's Junction and Silver Creek Junction. City Hall and Summit County jointly own the land.

Promotional material on the website indicates the developers want to put up approximately 1.2 million square feet of retail space on 112 acres of land. The website envisions a combination of stores, restaurants and entertainment options at the site...

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[SLC Projects]

Not sure if this has been posted yet or not,

But did you guys hear that the "Howard Hughes Company" has just brought the old cottonwood mall site.

http://www.fox13now.com/news/local/k...,4930123.story
Fox 13 news.

[John Martin]

Originally Posted by SLC Projects

Not sure if this has been posted yet or not,

But did you guys hear that the "Howard Hughes Company" has just brought the old cottonwood mall site.

http://www.fox13now.com/news/local/k...,4930123.story
Fox 13 news.

Hmm, I'm not sure if this is good news or bad. GGP's plans were far-fetched, but they looked awesome nonetheless. Does Howard Hughes have any good properties?

[SLC Projects]

Originally Posted by John Martin

Hmm, I'm not sure if this is good news or bad. GGP's plans were far-fetched, but they looked awesome nonetheless. Does Howard Hughes have any good properties?

This could be good news since GGP wasn't really doing anything while that site just sat there for three years with nothing going on. I believe Howard Hughes have properties in 18 states including "Cottonwood Utah" I don't know if they have good properties or not. I would have to check out their website to see what they have. The good news is they very well could bring in something unique to the area.

[John Martin]

As it turns out, it looks like Howard Hughes is just a spin-off of GGP (since Nov. 8), so they might be working from the same plans, albeit adjusted to the economy.

[delts145]

I had the same impression John. While they might tweak some of the allotment of square footage, and who gets what, retail vs. commercial, vs. residential, I think they'll stick with GGP's concept in general.

[delts145]

Heber Valley's Homestead Resort sold

http://www.deseretnews.com/article/7...sort-sold.html

MIDWAY — One of Utah's most historic resorts located in the Heber Valley has been sold to the same entity that purchased another resort property in that area just a few months ago.

The 155-acre Homestead Resort was acquired by Legacy Resorts LLC. Terms of the sale were not disclosed...

...The new owners intend to maintain heritage of the property with planned enhancements including a new entrance, renovation of guest rooms and buildings and increased maintenance of the golf course and surrounding grounds...

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[delts145]

Utah's population growing at rapid pace

http://www.deseretnews.com/article/7...apid-pace.html

SALT LAKE CITY — Utah's population is booming at an incredibly fast clip, and the consequences of that intense growth will reverberate for decades to come.

Counting only the nine years from 2000 to 2009, the Beehive State's population grew 24.7 percent, from 2.23 million to 2.78 million. The only states with more rapid growth during that span are neighbors Nevada and Arizona, with growth percentages of 32.3 and 28.6, respectively...


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[delts145]

Utah leaps ahead with luxe ski area lodging


http://www.deseretnews.com/article/7...a-lodging.html

PARK CITY — When David Johndrow was looking to buy a hotel suite for use as a winter home in Park City, he had his pick of new luxury lodging: Montage Deer Valley, the St. Regis Deer Valley or the Waldorf Astoria Park City.

All three newcomer properties in the ski town were financed before the real-estate bust, as part of the development that followed the 2002 Salt Lake Olympics. All three were built during the Great Recession. And now, despite a still-soft national economy, they are setting a new standard of luxury in Utah to match anything in Colorado or British Columbia...


Jared Ishkanian, Snowbird's public-relations director, skis powder snow under Snowbird's signature 50-passenger trams. (Dave Fields, Associated Press)

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[John Martin]

I think the Montage is the nicest of those. Funny, because it's the newest and not a well-known name, but its location is easily the best of those.

[delts145]

Montage will be an excellent draw for the Southern Ca. market, as it carries mega prestige with Los Angeles and surrounding area.

[delts145]

Utah metro economy looking up

http://www.deseretnews.com/article/7...g-up.html?pg=1

SALT LAKE CITY — The economic worst is likely over for Utah's largest metro area, according to a new report from a renowned national think tank.

The Global MetroMonitor, co-authored by the Brookings Institution and the London School of Economics, ranked 150 of the world's largest metro economies through three time periods — pre-recession 1993-2007, recession 2007-08/09 and recovery 2009-10, and found Salt Lake City ranked No. 67 worldwide in terms of economic output.

Prior to the start of the Great Recession, Salt Lake's economic performance was among the top 50 metros, before falling to No. 123 during the worst of the downturn...

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[WeST]

Originally Posted by delts145

Utah's population growing at rapid pace

http://www.deseretnews.com/article/7...apid-pace.html

SALT LAKE CITY — Utah's population is booming at an incredibly fast clip, and the consequences of that intense growth will reverberate for decades to come.

Counting only the nine years from 2000 to 2009, the Beehive State's population grew 24.7 percent, from 2.23 million to 2.78 million. The only states with more rapid growth during that span are neighbors Nevada and Arizona, with growth percentages of 32.3 and 28.6, respectively...


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Of the top three states (Nevada, Arizona and Utah), I think Utah and Arizona is the most promising. Nevada is a bad bet in the long term. The state is a mess, resources are extremely scarce and I think the cost of living their will skyrocket in the next 20 years. The economy is a one trick pony and on top of all that, it is like living on the moon. Arizona has a bright future and of course Utah is still a largely undiscovered gem.

[airhero]

I'm curious to see what the 2010 census says. If I'm not mistaken, Nevada's growth has slowed significantly in the past couple of years. I think our third place position in growth could be close to Nevada's second, although, probably not too close. And I hope we actually gain a seat in the House of Representatives this time around. Highly doubtful that we won't. And hopefully our new representative is the FIRST NINJA ever elected to Congress . . .

[delts145]

I read where Vegas Metro has actually not only not gained in population, but has actually experienced a net loss of over 70,000 people.

[delts145]

Park City,

Sweeney: Bonanza Park, PCMR have potential if Treasure project shifted

http://www.parkrecord.com/ci_16744387

A Sweeney family representative said Monday there is an equal chance of the Treasure development rights being transferred to either Park City Mountain Resort or the Bonanza Park district should an agreement be reached between the Sweeneys and City Hall to protect the Treasure land from development...


Deer Valley,

Marketplace: Deer Valley Grocery~Café opens Friday

http://www.parkrecord.com/summit_cou...ss/ci_16744379

One of the most anticipated improvements to Deer Valley Resort this season isn't even on the mountain.
On Dec. 3 the Deer Valley Grocery~Café will open to serve hot, frozen and dry-packaged foods to skiers, lodging guests and Park City residents...

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[SLC Projects]

Originally Posted by delts145

I read where Vegas Metro has actually not only not gained in population, but has actually experienced a net loss of over 70,000 people.

I've been saying this for years. and that is Vegas just simply out grew itself. I don't care how popular a city is, you can't just build 50+ story condo towers at every street corner and expect people to move in and fill them all overnight.
I think alot of these developers got on the "Bandwagon" of the Vegas building boom as if there really was THAT MUCH of a demand that they believe everybody in the world wanted to move to Vegas.
Well now Vegas can enjoy having all those empty highrise buildings.