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A large theater in its current proposed location and a vibrant Regent Street is an oxymoron: loading docks, loading docks, loading docks. Don't forget them. Also, I love how the Deseret News article chose the words "eclectic sidewalk cafe's" to describe what would be tiny retail spaces.
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Why can't they both be there? The loading docks can be used early morning (4am to 6am) and then Regent St can be used the rest of the time.
Why does it have to be one way or the other?
The Capital Theater uses 2nd South a lot in the early mornings to load and unload items. What you are saying is that we should just give up on 2nd South because there is a theater there?
If the theater is moved across the street, they would need access on 1st South. or they would need to acquire a large right of way from a land banker that wants a large hotel on his lots.
If they can't get the right of way, are we going to abandon 1st South since they will need to use it for loading and unloading?
What about 1st South just east of State St? There is a loading dock there for Harmon's. Lets forget about that area ever being walkable or usable there is a loading dock there. Same with 1st South between 2nd and 3rd west. Lots of loading docks there.
What I am getting at is that loading docks happen to be in more places than people think, yet the areas can be vibrant and many of the areas are vibrant now. Why can't the same be said of Regent Street? Why is it so special that it can't enjoy the same status as other streets? To thin? Nope, other cities manage to do it with small side streets, the same as Europe.
I am sorry that you don't like the current location. I know you want to believe it will be moved across the street but it won't be. No one is going to reimburse the city $18 Million that has already been spent or allocated to the current selected location.
If there was a large push by private developers to move the theater, we would have heard about it in the press by now. No developer nor group of developers would be able to hold that much of a secret without saying something by now.
The city won't change their plans as they are locked into the location. They are forming a CDA on the block of the selected location to assist with funding. If there was really a developer wanting to move the theater, they would have approached the city by now to get a chance at the CDA money to help their construction costs.
Until I see or hear about this from a source that is documented such as the press, city council meetings or the like, I will never believe that there is an alternative plan.