Salt Lake City: Official Development News Thread - Part 3

[JMK]

Ken Sanders Rare Books will be seeking a new home.

Sometime in the next 3-5 years our bookshop will be relocating. Over the past year our landlord has thrown us (and the rest of our East Broadway neighbors) under the developmental bus. The entire northwest corner at 300 South and 200 East has been taken over by a real estate developer. We have enjoyed being here for the past seventeen years and I have always known that this day would come. The low rent that we have paid over the years here has enabled the bookshop to grow from a small operation, with my daughter Melissa and myself being the only employees, to a large thriving bookshop with six full-time employees: Kent & Katie Tschanz, Travis Low, Esther Cannon, James Long and myself — along with Melissa Sanders part-time and doing her own thing with Red Queen Book Arts, which is just around the corner from us and will likewise be affected by the development.

We would very much like to stay in the downtown area, but we may not be able to afford it. Bookshops have traditionally thrived in low rent districts of downtown areas in cities across America. We require lots of square footage, but can’t afford to pay market rates. Going forward, we would like to find a new home with 4,000 - 6,000 square feet of space and ample parking. We believe we have at least three years to find a new home, but we have already started to look around for available spaces that will work for us.

Don’t be alarmed by this news; the bookshop is healthy and thriving. In many ways a new home will enable us to go forward to the next generation. I am committed to the process of finding a new home for us, prior to my fading off into the sunset. I invite any of you to be a part of the process, and when the time comes, we’ll be sure to call upon you to come help us move all of these bloody books! Better yet, come buy them now and that problem will be solved!

Sincerely,

Ken Sanders, on behalf of Kent & Katie Tschanz, Travis Low, Esther Cannon, James Long, and of course, Melissa Sanders.

Neighboring Green Ant will be moving out as well

[delts145]

Any action seen on this project yet?

Telegraph Exchange Lofts @ 9th & 9th



http://www.clearwaterhomesutah.com

http://www.clearwaterhomesutah.com

This loft community will feature 17 large urban lofts in the heart of Salt Lakes 9th and 9th community. This project will feature a compelling architectural approach that blends historical reverence with the modern elements such as exposed steel, glass, and architectural metals. Loft units will range in size from 1,200 sq. ft. to 2,700 sq. ft. and feature a rooftop deck that affords unparalleled panoramic views of the Wasatch front.


http://www.clearwaterhomesutah.com


http://www.clearwaterhomesutah.com/telegraph-exchange-lofts-salt-lake-city-lofts

.

[i-215]

We require lots of square footage, but can’t afford to pay market rates. Going forward, we would like to find a new home with 4,000 - 6,000 square feet of space and ample parking.

Suburbs, man.

[downtownslcresident]

Finally some good development news to talk about!

The airport breaks ground tomorrow!

http://www.sltrib.com/sltrib/news/58194814-78/airport-terminal-lake-salt.html.csp

http://fox13now.com/2014/07/17/slc-to-break-ground-on-new-airport/

[Stenar]

I always wanted to live in the old Telegraph building.

[UTPlanner]

I haven't heard anything lately about the Telegraph Building. I know the owners are definitely committed to the project but they're not a huge group. I wonder if they want to finish up at the Broadway Park Lofts first. It is a beautiful building and it would make great lofts with crazy high ceilings.

Also, I'm definitely excited to see all of the 400 South development but the University Station is not a real development project. It was a student's project and nothing more. I have never read or heard about the owner of that property coming in to talk about redevelopment of the parcel. I would love to see some change there but I wouldn't hold my breath.

[asies1981]

Post on Element31 the apartments on Brickyard with construction pics! Thank you for the support you guys have given The SLC Blog, remember if you like a post click an ad, lol.

[Old&New]

Originally Posted by UTPlanner

I haven't heard anything lately about the Telegraph Building. I know the owners are definitely committed to the project but they're not a huge group. I wonder if they want to finish up at the Broadway Park Lofts first. It is a beautiful building and it would make great lofts with crazy high ceilings.

Also, I'm definitely excited to see all of the 400 South development but the University Station is not a real development project. It was a student's project and nothing more. I have never read or heard about the owner of that property coming in to talk about redevelopment of the parcel. I would love to see some change there but I wouldn't hold my breath.

"Although very disturbing to those who witness them, breath-holding spells aren't harmful and pose no serious health risks."

http://kidshealth.org/parent/growth/growing/spells.html

That's a relief! I get worried every time you say "I wouldn't hold my breath," that there are really people out there holding their breath as a way to somehow convince a property owner to develop their property, or at least say they will develop their property within a certain timeline. Kind of like that guy who wouldn't eat or drink until the decision allowing all couples to be married in Utah was overturned. At least we know those breath-holders will be ok. As for the brave man who held himself a hostage, I hope he will do the same when the supreme court rules against governor Herbert's appeal. For only a selfless act such as that could soften their hearts toward heterosupremacy and religious bigotry.

Ok, sorry was just having a little too much fun. I couldn't resist mocking that dude (not you UTPlanner!).

[bflatflat9]

Originally Posted by asies1981

Post on Element31 the apartments on Brickyard with construction pics! Thank you for the support you guys have given The SLC Blog, remember if you like a post click an ad, lol.

The article states that the development is set to open in early 2015.
They better get diggin quick, unless they've already started. Nice renderings.
BTW--Awesome job on the blog asies1981.
And is that como asi es?

[Old&New]

This is not what I intended.

I'm not trying to stir the pot. I don't think lashing out at me does anything to get the recent meltdown back in control and on topic, as if it had strayed much before people started calling each other names. I think there are some on here that could stand to visit Denver, and take a hit or two.

Study ranks Salt Lake City among sexiest mid-sized cities in America

Salt Lake Tribune

Are you feeling sexy, Salt Lake City?
A national survey by the real-estate website Movoto says Salt Lake City is the second-sexiest mid-sized city in America.

http://www.sltrib.com/sltrib/blogsmoviecricket/58195123-66/lake-salt-capita-per.html.csp

1880s-era Salt Lake City canal to become a community gem

Salt Lake Tribune

Map: http://www.sltrib.com/csp/cms/sites/sltrib/pages/slidegallery.csp?cid=58169853&pid=6362499

http://www.sltrib.com/sltrib/politics/58169853-90/canal-salt-lake-route.html.csp

[Old&New]

Originally Posted by s.p.hansen

It's been interesting to see just how important tourism is to downtown in sustaining everything. People in Utah seem to love square footage but buying higher end things sold in high end retail takes a back seat when one weighs orthodontia for their four kids. A lot of people from the Wasatch Front like malls with big signs off the freeway with killer deals.

But we get 4 layers of tourism:

Business travelers (separate from conventions)
Convention Center visitors
People traveling through in car or bus to see America or more specifically national parks
People from outside the Wasatch Front visiting family, here for Mormon related stuffs, or maybe they just wanted to see SLC

I was always pretty critical of where they located the Convention Center until I saw the synergy between it and Temple Square in regards to pulling tourists in. Add to the mix a high end and engaging mall and it all gels pretty well in creating a magnet.

Linda who is in charge of City Creek Center has been one of the biggest lobbyists for the Convention Center Hotel. And I think you're gonna see a lot of pushing for it to be on the land across from the convention center and City Creek to the South. It configures perfectly with everything if it goes that way.

There's going to be the Eccles Performing Arts Center which will be a magnet for locals to the mall and then there is going to be the Convention Center Hotel that will maximize the Convention draw into the mall. I think City Creek Reserve has proven it has the clout to get what it wants or to move stalled things forward (building 111), so I think it will flex and do what it can to keep the new hotel further from the Gateway and closer to this cluster of existing magnets. We will see...

The tourism synergy has been really interesting to watch though. For the month of June City Creek Center did a promotion and theming based around the play Wiked coming to Salt Lake City. It's sort of a dress rehearsal for the kinds of interconnectivity that will take place when the new threatre opens.

A magnet to only one part of downtown? Your bias shines through.

Royal Wood Plaza is by far the best location for the Convention Center Hotel. Since the hotel will be directly connected to the Salt Palace, it will--in a sense--all be one big building, and STILL right across the street from CCC via the Salt Palace itself. Isn't that enough? They already have the Marriott. What selfishness, and all at the expense of the rest of downtown. Why do you want to destroy Arrow Press Square so much? And why do you hate the Gateway?

[Orlando]

Originally Posted by Old&New

Map: http://www.sltrib.com/csp/cms/sites/sltrib/pages/slidegallery.csp?cid=58169853&pid=6362499

http://www.sltrib.com/sltrib/politics/58169853-90/canal-salt-lake-route.html.csp

That's awesome! Another great idea to connect Sugarhouse! This should go in the Sugarhouse thread, though.

[Comrade]

Originally Posted by bflatflat9

The article states that the development is set to open in early 2015.
They better get diggin quick, unless they've already started. Nice renderings.
BTW--Awesome job on the blog asies1981.
And is that como asi es?

Construction has already started. Didn't even realize that was going up there.

Brickyard is interesting - as it's the only part of that area that's located in Salt Lake City. And some of it isn't (like the empty space right next to Liquid Joe's). It's a really odd section of the city.

It makes me question why SLC doesn't just annex down to 33rd South. It'd make a lot of sense. But instead, you've got this island where Brickyard is that's in SLC, but everything east of 1300 E is out of the city, as is everything west and until you get to about 3000 S - beyond a sliver of land where 11th East is).

[EPdesign]

Originally Posted by Comrade

Construction has already started. Didn't even realize that was going up there.

Brickyard is interesting - as it's the only part of that area that's located in Salt Lake City. And some of it isn't (like the empty space right next to Liquid Joe's). It's a really odd section of the city.

It makes me question why SLC doesn't just annex down to 33rd South. It'd make a lot of sense. But instead, you've got this island where Brickyard is that's in SLC, but everything east of 1300 E is out of the city, as is everything west and until you get to about 3000 S - beyond a sliver of land where 11th East is).

They have some of the concrete foundation going already.

[DCRes]

Originally Posted by UTPlanner

I haven't heard anything lately about the Telegraph Building. I know the owners are definitely committed to the project but they're not a huge group. I wonder if they want to finish up at the Broadway Park Lofts first. It is a beautiful building and it would make great lofts with crazy high ceilings.

Also, I'm definitely excited to see all of the 400 South development but the University Station is not a real development project. It was a student's project and nothing more. I have never read or heard about the owner of that property coming in to talk about redevelopment of the parcel. I would love to see some change there but I wouldn't hold my breath.

I believe that the Office Max building and land that is currently where the University Station wanted to go is owned by a group from New York. I know that the students did make several calls to the owner trying to get them to sell but were unsuccessful. One of the students is now working with a local development company on some other projects and would still like to do this project, or one similar to it, but I also wouldn't hold my breath, since we have now learned of the adverse health side effects of doing such a thing.

[Makid]

The discussion about the book store moving from 2nd East and 3rd South in the coming years due to development started me to think about a possible solution and idea to keep local and unique businesses downtown and into new buildings.

Currently, when a new development comes in, the local businesses (smaller mom/pop stores) aren't able to lease space in the buildings due to the increased costs per sq foot.

This means that over time more and more chains move in and less local businesses are located in new developments or near them as development spreads.

To change this paradigm, I am wondering if the City, County or State would be willing to opt a change to the current system. By this, I mean, give rebates to the developer/owner who lowers the lease rate for local businesses (mom/pop's) to the rate that the previous development contained.

This would mean that the book store would potentially only need to move for up to 18 months and then would be able to return to its current location and the lease rate would be the same as it is currently. The developer/owner of the property would receive a tax rebate of a given percentage to cover the lower lease rate from the increase in property taxes to the City, County or State based on where the subsidy originates.

I think that the above idea would encourage developers to look for more local businesses to fill their retail spots as opposed to searching for chains which have a deeper pocket book. This would also allow for more small business start ups to gain traction as they would be able to afford to be a part of a new development.

Lastly, along the lines of the above and with what the State did a few years ago. I do think that rather than increase impact fees as high as SLC had proposed, they instead increase them slightly and use a portion of the increased property tax revenue to fund some of the items.

My ideal breakdown for this would be based on the following:

Property Tax revenue increase (Based on pre & post development)

This is all based on property tax increases:

25% possibly returned to developer/property owner to encourage more local businesses (mom/pop retail/restaurants).

30% directed to an Urban Transportation fund to increase transit options/frequency (Bus, Trax, etc), bicycle lanes and roadway surfacing.

15% directed to neighborhood beautification and safety - wider sidewalks, dedicated bicycle lanes and pocket parks.

30% would continue to the City general fund to provide as the city sees.

This idea doesn't necessarily need to be placed strictly on new developments. By this I mean as property tax revenue increases for any property, the increases could be divided as above while the local businesses (mom/pop) rebate would still be for new developments.

In areas where there is an increase in revenue but outside of new developments, the 25% could be directed back to the community as either beautification or transit or split between them.

Doing something like the above would help to normalize transit funding across the area while also spurring local businesses and making neighborhoods safer and cleaner.

The only point that would be required for the above would be to determine the property tax revenue baseline. Basically, what year should the property tax revenue be based on. My thoughts would be the current year that this type of program is initiated.

I know for now that this idea is just here but I would like to think that something like the above could gain traction and maybe eventually instituted within SLC and maybe throughout the metro area.

Thoughts?

[Old&New]

SLCProjects, you were reading way too much into what I said, or who you think I am said.

Salt Lake City street to become slip and slide on Saturday

video: http://fox13now.com/2014/07/16/salt-lake-city-street-to-become-slip-and-slide-on-saturday/

[Stenar]

Originally Posted by PLANSIT

Denver's homelessness problem is much greater than SLC's (CO has about 3X homeless pop. as UT). And while much effort (as Wong mentioned) has gone into a solution, we have a long way to go. I encourage folks to check out HUD's 2013 Annual Homeless Assessment Report (AHAR) to Congress.

For reference, in 2013, Denver had a homeless population of 6,316 (10th nationally). I couldn't find a specific SLC number. Will keep looking.

I know I'm late to this discussion, but...

"In 2012, the statewide homeless population shot up to 16,522, with 542 of those individuals deemed chronically homeless according to the federal government's definition — someone with a disabling condition who has been continuously homeless for a year or more or has experienced at least four episodes of homelessness in the past three years.

But 2013's count showed marked improvement with the overall homeless numbers dropping to 15,093 and the chronically homeless count down to 495. For the latter, that represents a 9 percent decrease in a year's time and a 74 percent decline since 2005."

http://www.sltrib.com/sltrib/news/56246724-78/homeless-walker-utah-count.html.csp


"The Metro Denver Homeless Initiative conducts a point-in-time survey every year to assess the demographics of homelessness in our community. The last survey was taken in January 2013, and found that 11,167 people were homeless in Denver."
http://www.tgpdenver.org/homelessnessfaq

[AllOutOfBubbleGum]

So this just popped up on my twitter feed

Aaron Falk ‏@aaronfalk Real Salt Lake is in talks with Utah State Fairpark officials about building a minor league stadium there. Hoping to have USL there in 2016:

[SLC Projects]

Originally Posted by AllOutOfBubbleGum

So this just popped up on my twitter feed

Guessing this "a minor league stadium" will be about 10,000 to 12,000 seats? If this is part of RSL, I think this stadium might be better next to Rio Tinto in Sandy. I head that Dell Loy Hansen who owns RSL is buying up a lot of land around the stadium.