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Originally Posted by Makid
I think we are getting closer to having taller towers proposed and developed. This is based partially on rumors I have heard and also a bit of recent history.
We need to remember that SLC has only recently joined the highrise apartment market and is really only just about a decade into downtown residential revival. City Creek and its development have showed that there is a desire for downtown living but didn't include many apartments as no one really knew if there would be much demand for them. Even the Condos that were built were done based on speculation that they may be desired.
The City Creek apartments showed an increased demand for apartments in the downtown area. This helped to spawn the apartment boom downtown and the periphery. Even with this push, we have seen a gradual change from 4 story apartments, to the fairly standard 5 over 2, to the coming 5 over 3 and even taller projects.
We are nearing the opening of the tallest of the apartment projects in Liberty Sky. As of now, there really is only speculation that people would live in taller apartment buildings in Salt Lake City. While it is a safe bet, no one really knows how well they will be received.
I personally think we are only a couple of years away from having taller residential towers proposed and developed.
Outside of residential, the Cities push for BioTech and Tech will help to drive both Office and Lab space construction. If the "return to office" process goes well, we can also expect more office project announcements in the near future.
Even with all the changes the city has seen in the last 15 years, I think the city will see an even bigger change over the next 5-7 years.
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Part of the reason why I created the 'decade' chart for the Wikipedia page was to offer perspective on the timing of our tower building.
So far, the 2020s have seen 2 towers over 50 meters completed, Liberty Sky and 95 South State.
We have 3 towers over 50 meters now under construction:
As well as 9 towers over 50 meters that are proposed:
To put our current tower building into perspective: with just the towers we have so far completed or have started construction, the 2020s would tie with the 1970s for second place in tower building with 5 towers added to the skyline.
When we add the 9 proposed towers, that lifts the 2020s to
14 towers - surpassing the 1980s (11 towers) as the most towers added for Salt Lake City in a given decade.
And that basically brings us just to the middle of the decade.
The 2020s are going to easily be the best tower building decade in the city's history. Easily. We really are on the cusp of a massive change in the city, without even considering the hundreds of low and midrise projects that will go up this decade.
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Everything below Union Station in that photo was built in the last 10 years.
Thanks Paniolo Man for posting the updates of the new TRAX Station on Main. It was also great to see the construction progress 6th and Main on the right has made since the last updates. I'm hoping to see those two new towers just up the street start this coming Summer. Would like to see Little America redevelop some of the perimeters of their property someday in the not too distant future. While I think it's a great Hotel, it would be nice if a little attention were taken away from the current tower and placed on the very underdeveloped northwest corner of 6th and Main. There's a lot of unrealized potential on that Little America blocks perimeters. Of course, the watch on the old Newhouse property continues. I guess at least it's heavily landscaped and not just barren blacktop, weeds, and trash.
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