Salt Lake City: Official Development News Thread - Part 4 - Page 274

ctobsl · #**5461** Posted **Mar 1, 2016, 12:09 AM**

I'm curious as to the amount of rooms they are going with, 800 to 1,000 or 1,200 to 1,600?
Washington Times News reports this- Which is recent.
"A county bid committee will negotiate terms of the 800 to 1,000 room hotel with DDRM. If they agree on a deal and the county endorses the project, DDRM can apply for at least $75 million in possible tax credits."
http://www.washingtontimes.com/news/2016/feb/29/salt-lake-county-selects-possible-convention-hotel/

KSL News reports this- Which is old.
"DDRM is looking at using the northern parcel for a 1,200- to 1,600-room building that could include condos and hotel rooms, according to the company's operations manager, Eric Hull."
https://www.ksl.com/index.php?sid=378214...salt-lake-convention-hotel&s_cid=queue-2

Future Mayor · #**5462** Posted **Mar 1, 2016, 12:09 AM**

Here are a few Starwood Hotels in downtown locations that I like.

W Hotel, Atlanta Downtown

Photo from ebookers.com

Westin Phoenix Downtown

Photo from Tripadvisor.com

W Hotel Boston

Photo from bostonrealestateobserver.com

Boston Westin Copley Place, not amazing but not horrible.

Image from Magellanvacations.com

W Hotel Dallas
used to have a Ghost Bar at the top, very cool bar.

Image from thedallassocials.com

Those are just a few. They have many others that are decent, and then they have the Sheraton Phoenix Convention Center piles of vomit.

ctobsl · #**5463** Posted **Mar 1, 2016, 12:13 AM**

^^^^^^^^

I like the hotels in the second and third photos the best, but taller.

Hatman · #**5464** Posted **Mar 1, 2016, 12:14 AM**

Quote:

Originally Posted by nushiof

CCH news!

http://www.washingtontimes.com/news/2016/feb/29/salt-lake-county-selects-possible-convention-hotel/

They picked DDRM from Sandy. If I remember, DDRM preferred the northern Salt Palace site and was talking about a partnership with Starwood?

I wonder when we might see renderings. I image more news will leak about this in the next few days.

Genuinely pleased by this. Thanks for breaking the news! 1,200+ rooms on the north site will be a fantastic addition to downtown.

EPdesign · #**5465** Posted **Mar 1, 2016, 12:22 AM**

This is going to be awesome! Do you guys think with the height of this hotel, and the possible AP hotel, thethe church will reconsider the height of the pending residential tower?

Future Mayor · #**5466** Posted **Mar 1, 2016, 12:24 AM**

Here's an interesting one that I found.

Westin Pittsburgh Convention Center. 616 rooms, 324' tall, 26 floors, 12.46' per floor, somewhat triangular footprint. Guest rooms start on floor 4, 28 rooms per floor. Westin footprint roughly 182' x 196' x 257'. UMOCA footpring 200' x 200 ' x 282'

Inferring the above information:
800 guest rooms on 29 floors, 3 Lobby/convention. 32 floors total, 399'
1,000 guest rooms on 36 floors, 3 lobby/convention. 39 floors total, 486'
1,200 guest rooms on 43 floors, 4 lobby/convention. 47 floors total, 585'

Add residences in there, and you've got a whole new ball game.

Photo from emporis.com

Makid · #**5467** Posted **Mar 1, 2016, 12:26 AM**

Quote:

Originally Posted by ctobsl

I'm curious as to the amount of rooms they are going with.

Washington Times News reports this- Which is recent.
"A county bid committee will negotiate terms of the 800 to 1,000 room hotel with DDRM. If they agree on a deal and the county endorses the project, DDRM can apply for at least $75 million in possible tax credits."
http://www.washingtontimes.com/news/2016/feb/29/salt-lake-county-selects-possible-convention-hotel/

KSL News reports this- Which is old.
"DDRM is looking at using the northern parcel for a 1,200- to 1,600-room building that could include condos and hotel rooms, according to the company's operations manager, Eric Hull."
https://www.ksl.com/index.php?sid=378214...salt-lake-convention-hotel&s_cid=queue-2

The number of rooms is determined by the developer, the incentives are for 800 to 1,000. Less than 800 means no incentives and anything over 1,000 does have any additional incentives.

It all comes down to how the developer feels that the rooms will be able to be absorbed.

With the amount of hotel rooms coming online or in the planning process (boutique hotel rooms are a different class and don't count in the same grouping as CCH and general hotel rooms) there is a good chance that this could be 1,200+ rooms and the only change could be APS going from say 700 rooms down to 600 rooms.

Convention Center Hotels are in a world outside of normal hotel planning for rooms. This is because they have a built in market with built in conventions. This is more the case in SLC than many other cities as the CCH is needed for existing conventions and not solely to attract new conventions.

So the developer could build to the existing need, causing additional hotels to be needed when additional conventions book or they can take the hybrid approach. They can build to cover the existing need and a percentage of the planned need. In the case of 1,200 rooms, this would be between 20% and 30% of the planned need beyond the 800-1,000 room CCH incentives.

The hybrid approach allows other developers to help fill the void when the new conventions are booked. This is why in my example above APS only drops 100 rooms while the CCH adds 200 over the 1,000 rooms of the max RFP incentive.

This gives APS the ability to max out their expectation without removing the possible need for another hotel.

With current hotel occupancy nearing an average of 80-90%, the CCH would reduce this to 70-75% (Still in the realm of needing additional hotel rooms). The induced demand of new conventions would bring occupancy back over 80% allowing APS or another hotel to be built, lowering occupancy rates back down to 70-75%. This still leaves some room for another hotel while also allowing room rates to increase at existing properties.

It is for these reasons that I do feel it is likely that we could see close to 2,000 or more hotel rooms added over the next couple of years. This does include the CCH.

Future Mayor · #**5468** Posted **Mar 1, 2016, 12:26 AM**

Quote:

Originally Posted by EPdesign

This is going to be awesome! Do you guys think with the height of this hotel, and the possible AP hotel, thethe church will reconsider the height of the pending residential tower?

Only if they built the foundation to accommodate something taller, I keep hoping they did, at least the foresight to be able to add 5 - 10 more floors on. Even something around 25 rather than the 19 or 20, would be a huge difference.

Stenar · #**5469** Posted **Mar 1, 2016, 12:52 AM**

Quote:

Originally Posted by Future Mayor

Starwood has some nice brands. The one I would prefer to see would be a W Hotel. W Hotels are geared toward a slightly younger demographic, and considering we have the Grand America which is very traditional luxury, maybe a W would be a nice compliment to the mix we already have. Starwood brands include: W Hotels, Four Points by Sheraton, Sheraton, a loft', Le Meridian, The Luxury Collection, Element, Westin, St Regis, Tribute Portfolio, Design Hotels and SPG.

I would also prefer a W Hotel.

Viperlord · #**5470** Posted **Mar 1, 2016, 1:12 AM**

Hardware Station - Office Tower
TSA Development Score Review - Building 3 at 155 N. 400 W.

https://aca.slcgov.com/Citizen/Cap/CapDe...39&agencyCode=SLCREF&IsToShowInspection=

I noticed today that there are a few better renderings of the "office tower" under the "attachments" section, and then open the
"151112_Revised Arch Set reduced.pdf" file

Utah_Dave · #**5471** Posted **Mar 1, 2016, 1:26 AM**

Based on your experience, how long until we hear more details about the CCH? Site location, renderings, and the like? Im surprised the local news outlets don't have some info yet. We are an excited bunch aren't we!

s.p.hansen · #**5472** Posted **Mar 1, 2016, 1:58 AM**

Isn't the W Hotel chain the anti-convention center hotel? It seems to go against their branding.

I do like those W Hotel designs a lot. I have to say, in general, I'm really not for long tall curtain hotels for Salt Lake City. Let's keep those in Las Vegas.

If they put it on the site suggested I guess the curtain won't really be an option though.

s.p.hansen · #**5473** Posted **Mar 1, 2016, 3:34 AM**

Quote:

Originally Posted by Viperlord

Hardware Station - Office Tower
TSA Development Score Review - Building 3 at 155 N. 400 W.

https://aca.slcgov.com/Citizen/Cap/CapDe...39&agencyCode=SLCREF&IsToShowInspection=

I noticed today that there are a few better renderings of the "office tower" under the "attachments" section, and then open the
"151112_Revised Arch Set reduced.pdf" file

Highrise_Mike · #**5474** Posted **Mar 1, 2016, 4:00 AM**

Quote:

Originally Posted by Future Mayor

Here's an interesting one that I found.

Westin Pittsburgh Convention Center. 616 rooms, 324' tall, 26 floors, 12.46' per floor, somewhat triangular footprint. Guest rooms start on floor 4, 28 rooms per floor. Westin footprint roughly 182' x 196' x 257'. UMOCA footpring 200' x 200 ' x 282'

Inferring the above information:
800 guest rooms on 29 floors, 3 Lobby/convention. 32 floors total, 399'
1,000 guest rooms on 36 floors, 3 lobby/convention. 39 floors total, 486'
1,200 guest rooms on 43 floors, 4 lobby/convention. 47 floors total, 585'

Add residences in there, and you've got a whole new ball game.

This is a great evaluation of potential height and even if we get the minimum 800 room hotel, a 400' tower would be a nice addition to the skyline! My hope is we can get a new tallest out of the deal and something sleek like some of the other W hotel examples. As long as we don't get a stucco behemoth like the Sheraton in Phoenix

stayinginformed · #**5475** Posted **Mar 1, 2016, 4:06 AM**

Quote:

Originally Posted by s.p.hansen

That picture looks like there is a direct walking connection from the viaduct to the development--which is awesome. I love that!

Ironweed · #**5476** Posted **Mar 1, 2016, 4:10 AM**

Exciting stuff happening. Hopefully all the development on 400 west will cause quality development and infill to occur on the ugly block just to the east and south of the high school.

Kinda feel bad for Jetset John. We could scale down to a taco cart if you want Mr. J.

By the way, don't ever give up on your dreams no matter what. If you need capital for a deal. You know where to find me.

ctobsl · #**5477** Posted **Mar 1, 2016, 4:54 AM**

Quote:

Originally Posted by stayinginformed

That picture looks like there is a direct walking connection from the viaduct to the development--which is awesome. I love that!

I was looking at the plans close up, there is direct connection to the viaduct/Trax station.

Highrise_Mike · #**5478** Posted **Mar 1, 2016, 5:35 AM**

Quote:

Originally Posted by ctobsl

I was looking at the plans close up, there is direct connection to the viaduct/Trax station.

I like that this project has some street engagement on top of the viaduct and because of the connection there is additional pedestrian access to the street below and the apartments behind the building as well. It is a nice way of helping to connect the upper level Trax station with the street level areas. Also I think a few more trees could help soften the look.

Orlando · #**5479** Posted **Mar 1, 2016, 5:46 AM**

Quote:

Originally Posted by stayinginformed

That picture looks like there is a direct walking connection from the viaduct to the development--which is awesome. I love that!

I just noticed that, too. Very nice. I like the low horizontal building, too.

Liberty Wellsian · #**5480** Posted **Mar 1, 2016, 5:48 AM**

Quote:

Originally Posted by Future Mayor

What specific areas are you advocating for wider sidewalks, Downtown, East Downtown, residential neighborhoods?

I would advocate for a new minimum standard for the entire city but to start Liberty Park is a good place to look. All four streets that front Liberty park would be better with wider sidewalks imo. 5th & 7th from S Temple to 2100 S as well as 900 s and 1300 s from state to 900 E. The first street I would invest wider sidewalks on though would be 600 E from S temple to the park.

I don't think that the standard sidewalk accommodates wheelchairs, strollers, children on bikes, skateboards, or even walking side by side very well. I find wider walks to be more inviting. Our ROWs are large enough that I think we can make more room for pedestrians. We don't need to go gangbusters but when we are replacing walks we should take advantage and do them right.

Quote:

Originally Posted by nushiof

CCH news!

http://www.washingtontimes.com/news/2016/feb/29/salt-lake-county-selects-possible-convention-hotel/

They picked DDRM from Sandy. If I remember, DDRM preferred the northern Salt Palace site and was talking about a partnership with Starwood?

I wonder when we might see renderings. I image more news will leak about this in the next few days.

I'm so excited. Hoping for 500+.