Posted Sep 27, 2011, 12:15 PM
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Join Date: Aug 2006
Location: Downtown Los Angeles
Posts: 20,747
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City Creek moves ahead despite economic downturn
http://www.deseretnews.com/article/700182679/City-Creek-moves-ahead-despite-economic-downturn.html
Jared Page, Deseret News
SALT LAKE CITY — When City Creek Center opens for business next March, it will include 760,000 square feet of retail space housing stores like Tiffany and Coach, a 30,000 square foot retractable glass roof for open-air shopping and a water fountain from the same people who created the ones at Las Vegas' Bellagio hotel.
Those figures may make the project sound impressive, but one little fact stands out. Next year City Creek is scheduled to be the only major shopping mall that opens in the U.S., according to the International Council of Shopping Centers. After a recession, with high unemployment and falling housing prices, there's one reason City Creek even happened — it helps to pay cash.
Dale Bills looks over City Creek in Salt Lake City, Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
A Promontory model unit at City Creek in Salt Lake City. (Jeffrey D. Allred, Deseret News)
Workers are wrapping up work on City Creek in Salt Lake City, Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
Creek head waters flow in City Creek in Salt Lake City, Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
(Jeffrey D. Allred, Deseret News)
The Regent at City Creek in Salt Lake City Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
The Regent has units with a view of the Wasatch Mountains at City Creek in Salt Lake City Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
A workers walks along Richards Court Fountain Plaza at the City Creek Center in Salt Lake City Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
Workers are wrapping up work on the City Creek in Salt Lake City, Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
The Flutter fountain at the City Creek Center in Salt Lake City, Wednesday, Sept. 21, 2011. (Jeffrey D. Allred, Deseret News)
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Last edited by delts145; Nov 5, 2011 at 12:32 PM.
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