Salt Lake City: Official Development News Thread - Part 3

[StevenF]

My wife and I stopped into Starbucks Sunday morning and picked up some hot chocolate as we waited to get into the Conference Center. It was 35 degrees that morning. I am very impressed with the changes to the base of the Crandall building and the Starbucks has a neat feel.

[UTPlanner]

The Crandall Building looks great. I'm really impressed with the refinishing work that occurred on the stonework at the base of the building.

Also there has been a hotel developer in asking a lot of questions. They are specifically looking at developing a vacant parking lot near the ESA. This is not the development planned at the SW corner of 100 S and 300 W. This would be an additional development in the area. I don't have lots of details at the moment.

[ctobsl]

Cool... Hope it turns into something very interesting and not anther 5 story Hotel/Motel.

[Old&New]

Originally Posted by UTPlanner

The Crandall Building looks great. I'm really impressed with the refinishing work that occurred on the stonework at the base of the building.

Also there has been a hotel developer in asking a lot of questions. They are specifically looking at developing a vacant parking lot near the ESA. This is not the development planned at the SW corner of 100 S and 300 W. This would be an additional development in the area. I don't have lots of details at the moment.

Perhaps the city and county should try to get this hotel developer to build the 1,000+ room Convention Hotel, preferably on the same block as the Buddhist temple, and most preferably on the Royal Wood Plaza site.

[scottharding]

If there is so much interest from hotel chains here lately, I wonder why the opportunity has not be seized, or at least pursued, to get a convention center hotel. It seems to me that 2-3 5 story hotels around ESA would really hurt the market chances of getting a 1,000 room one.

[Future Mayor]

Interesting. There are three parking lots immediately adjacent to ESA, that I can think of. 1)The Triad surface lot, north of ESA 2)The Medals plaza block NE or ESA and 3)the lot SE of ESA. 1 and 2 are owned by the LDS church and I would assume they plan on developing their own property, so in my mind, the most logical location, depending on the definition of "near ESA" would be the lot SE of the arena.

While we have always focused on the Royal Wood Plaza space, this parking lot is pretty good sized and I could see the possibility of a Convention Hotel configuration working on that spot.

Mmmmmmm.... speculation.

[TonyAnderson]

Originally Posted by Comrade Reynolds

When the hell is Google Maps going to update their street view for Salt Lake City? So many cities, from Portland to Denver, have high resolution photos and we're still stuck with the ones from 2007.

bing.com - They have SLC streetview in HD.

[goldcntry]

The funny thing is I saw the Google Mapping Card go through the city back in early April. I understand it takes a while for them to go through every frame to blur out people, signs, etc... but sheesh! It's been six months already! A decent algorythm should be able to cut down on a lot of the work... Update already! I'm pretty sure that when it does update, the street-view should be over most of the city: I saw it downtown, various streets in Sugarhouse and in my own neighborhood in Taylorsville.

[delts145]

OOPs, Thanks Future Mayor for catching that for me.

Originally Posted by Future Mayor

Full story
http://www.sltrib.com/sltrib/news/55031604-78/building-crandall-mccornick-lake.html.csp

[Future Mayor]

I have a future development related question. Who on here is an architect, an architectural student or knows an architectural student?

If you do please PM me. Thx

[arkhitektor]

Originally Posted by TonyAnderson

bing.com - They have SLC streetview in HD.

They have HD images, but they're just as outdated..... and the maps themselves are horribly inaccurate:



I think I'll head on down to the Meier and Frank at the ZCMI Center Mall tonight.

[Orlando]

Wow! I don't believe this! I may be the first one to make the first official announcement about the Convention Hotel!
Well, I don't know for sure if this is the convention hotel. I wonder if this is that other hotel planned next to ESA. But, $90 million sounds about right. It does sound a little low, but whatever it is, it is going to be quite significant. Anyways, the article headline is in the link below.

I can't access the full article right now. Their website is screwed up. But, in The Salt Lake Enterprise Newspaper, it states,

"$90 million hotel development coming to the west side of downtown Salt Lake."

http://www.slenterprise.com/

[ajiuO]

Originally Posted by Future Mayor

Interesting. There are three parking lots immediately adjacent to ESA, that I can think of. 1)The Triad surface lot, north of ESA 2)The Medals plaza block NE or ESA and 3)the lot SE of ESA. 1 and 2 are owned by the LDS church and I would assume they plan on developing their own property, so in my mind, the most logical location, depending on the definition of "near ESA" would be the lot SE of the arena.

While we have always focused on the Royal Wood Plaza space, this parking lot is pretty good sized and I could see the possibility of a Convention Hotel configuration working on that spot.

Mmmmmmm.... speculation.

what about the NE corner of North Temple and 400 West. He said near to not adjacent to.. That is still pretty close.

[jedikermit]

Originally Posted by Orlando

Wow! I don't believe this! I may be the first one to make the first official announcement about the Convention Hotel!
Well, I don't know for sure if this is the convention hotel. I wonder if this is that other hotel planned next to ESA. But, $90 million sounds about right. It does sound a little low, but whatever it is, it is going to be quite significant. Anyways, the article headline is in the link below.

I can't access the full article right now. Their website is screwed up. But, in The Salt Lake Enterprise Newspaper, it states,

"$90 million hotel development coming to the west side of downtown Salt Lake."

http://www.slenterprise.com/

Aw, now I'm going to just be hitting refresh on every news site...

[ajiuO]

Originally Posted by Orlando

Wow! I don't believe this! I may be the first one to make the first official announcement about the Convention Hotel!
Well, I don't know for sure if this is the convention hotel. I wonder if this is that other hotel planned next to ESA. But, $90 million sounds about right. It does sound a little low, but whatever it is, it is going to be quite significant. Anyways, the article headline is in the link below.

I can't access the full article right now. Their website is screwed up. But, in The Salt Lake Enterprise Newspaper, it states,

"$90 million hotel development coming to the west side of downtown Salt Lake."

http://www.slenterprise.com/

That site —. It wants you to buy a subscription.. there has to be someone else with this news.

[ajiuO]

here is the contact info for the developer.. I have emaild them.. lets see if we get a response

Office
180 North University Avenue Suite 820
Provo, UT 84601
[email protected]
Phone 801-655-1998
Fax 801-655-0729
http://pegdevelopment.com



here is a Hilton Garden hotel that the same company developed in St George for around 10$m. I would expect 90$m to get us something much nicer then that.
http://pegdevelopment.com/commercial-developer/48

[StevenF]

I would think a 1000+ room hotel would be more in the 300-400 million ballpark. Unless if the cost of the county covering parking and cost of convention space reduces it down to 90 million. Though I still think the cost for just the hotel on 1000 rooms would be still 200 million to build.

[ajiuO]

Originally Posted by StevenF

I would think a 1000+ room hotel would be more in the 300-400 million ballpark. Unless if the cost of the county covering parking and cost of convention space reduces it down to 90 million. Though I still think the cost for just the hotel on 1000 rooms would be still 200 million to build.

I agree... But based on the development cost of other projects by the same developer.. This is a pretty significant project.. It will be their largest as far as I can tell.

Im a bit worried that if this is not the 1000+ hotel along with the other 2 hotels south of ESA... The 1000+ might not happen lets hope this is not the case.


it should be noted that this is the same developer currently constructing the Eastside and Broadway apartments.

[Orlando]

Originally Posted by StevenF

I would think a 1000+ room hotel would be more in the 300-400 million ballpark. Unless if the cost of the county covering parking and cost of convention space reduces it down to 90 million. Though I still think the cost for just the hotel on 1000 rooms would be still 200 million to build.

I think you may be right. I probably jumped too quick to a conclusion about it being the convention hotel. Though, a $90 million hotel development is quite significant. Though, it looks like this developer does the cheap stucco stuff. I hope not.

I am also concerned, like some of you have expressed, that this may take away from us getting a tall convention hotel.

[DMTower]

It's probably just the two hotels being built by the ESA