Salt Lake City: Official Development News Thread - Part 5

[Utah_Dave]

Originally Posted by asies1981

Here's some development news to distract you from minor squabbles, lol. Post on 370 Millennium Tower (Held Properties 400 S/W Temple).

As usual, thank you Isaac. Your efforts pay off again!

[Utah_Dave]

Originally Posted by Ironweed

Not wanting to take pot shots, but I will. I had some revealing conversations with three good friends of mine. Highly educated and have worked close with city and county leadership. In brief summary, all three have said that the mayor's office SLC + county are incompetent and non pro-active when dealing with development. The RDA is a bureaucratic mess full of people who chase their tails. Not encouraging.

Some of these government types are taking credit for landing the large employers locating in the NW quadrant. They have not been responsible. Always two sides of everything, but I trust my friends.

I’ve always thought they lacked the abilities or the know how and contacts to make projects happen. In your opinion what areas are working well? Thoughts on the governors office of economic development?

From a guy on the outside looking in, Salt Lake City lacks the leadership and organization to put deals together unlike some of our larger competitive neighbors in other states.

More info please.

Thanks

[wrendog]

Hey, alright! A tower proposal!

Bummer it's not taller, but beggars can't be choosers! Get on it, Held!

[delts145]

Originally Posted by Utah_Dave

I’ve always thought they lacked the abilities or the know how and contacts to make projects happen. In your opinion what areas are working well? Thoughts on the governors office of economic development?

From a guy on the outside looking in, Salt Lake City lacks the leadership and organization to put deals together unlike some of our larger competitive neighbors in other states.

More info please.

Thanks

That is most probably the case, with the exception of the LDS Church, which has corroborated locally and internationally on many challenging development projects. Up until now it has been largely the LDS Church involvement that has given Downtown SLC most of it's noteworthy projects. I do think that we'll continue to see more and more major outside players enter the Salt Lake market. We've all noticed an uptick in outside interest such as the Held family and the Patrinely Team.

[RC14]

Originally Posted by asies1981

Here's some development news to distract you from minor squabbles, lol. Post on 370 Millennium Tower (Held Properties 400 S/W Temple).

This news is just what we needed. I can't wait till the steel starts rising.

[delts145]

Originally Posted by asies1981

Here's some development news to distract you from minor squabbles, lol. Post on 370 Millennium Tower (Held Properties 400 S/W Temple).

Thanks Isaac for keeping tabs on this Held family project for us. It has a definite Los Angeles/So Cal. feel to it. I get this impression of a mix of a groovy 60's retro vibe too. The base kind of makes me feel like I'm looking at the art board of a Doris Day, James Garner movie. Being conceptual, I wonder how much change will be made to this rendering before the final design. This and Patrinely will be a cool project for the forum to follow. Hopefully, Richie will be in the mix also around the same time. Very excited that they're making it heavily mixed-use. That being the case I would have liked to have seen it go taller, but I'm not complaining.

Conceptual rendering of the first few floors of the proposed 370 Millennium Tower.
The developers are still working on the building's final design. Image courtesy Held Properties.


Conceptual rendering of the proposed 370 Millennium Tower. The developers are still working on the building’s final design.
Image courtesy Held Properties

.

[jubguy3]

Like others have pointed out, the base is kinda ugly... its very Las Vegas. Please stop using tan on everything.

One of the most "sterile" looking buildings in SLC, 111 main, actually is in my opinion has the prettiest lobby of any building in SLC especially next to the First Security building and the Eccles theater.



I can't find a picture from the outside, but it basically looks like a fancy apple store reincarnated as a building. They clearly did not spare any expense... the fixtures used to affix glass around a horizontal corner (i don't know how to explain this other than that the glass also forms part of the "roof" of the lobby) are incredibly expensive. The glass has to be inches thick, and a 35 foot tall perfectly flat piece of glass that provides structural support for additional glass could likely run in the realm of 300k for each pane. Base on some estimates, it cost apple $450k to fix a broken 32 foot pane at its iconic 5th avenue store. The simplicity of the design actually makes it stand out in its own right... and the lobby entrances, birch trees, and architectural details are stunning. And yet it doesn't have a "las vegas" vibe because it hasn't been tainted with tan stucco. People can tell when expenses aren't spared on architecture... and this proposed building looks cheap. Hopefully the design is in its initial phase but considering that its being developed by an established firm they have no incentive to modify it because their goal is to come in, build the structure, and make maximum revenue with minimal capital costs.

[Utah_Dave]

It would be nice if they could add a level for a restaurant and dining area for special events and could also serve the commercial part and hotel as well as the general public. I'm not aware of any other salt lake building that has a restaurant up higher. Maybe Hotel Utah did? Perhaps the next building that's more in the central core of downtown could support one.

I also don't see a reason they couldnt add a few more floors for both commercial, hotel, and residential other then budget lol . I think 4 more floors would be pretty easy to make happen given the lack of commercial development happening right now that would compare to this project. Also, 8 total luxury residential units? They could add more no problem. Keep us posted on any changes or update Isaac! Good stuff.

I peg this building somewhere in-between the Key bank tower and 99 west in terms of height. I bet 2 more floors would put it over 375' comfortably. At this height and location it would really look nice as you are driving north on I-15. It would have a similar impact on the skyline to that of 99west from the north, minus the stellar mountain backdrop. Definitely one of the best back drops around. Lets just hope the geopolitical world doesn't throw cold water on the economy and shelve these projects! It takes a while for Utahs economy to generate a high rise boom. I hope we break out of the "3 high rises per decade" average we have been working with.

[Utah_Dave]

I think it's hard to make a 6 story parking podium look good. That's probably the biggest potential drawback to making this project exceptional.

[ctobsl]

Originally Posted by Utah_Dave

I'm not aware of any other salt lake building that has a restaurant up higher. Maybe Hotel Utah did? Perhaps the next building that's more in the central core of downtown could support one.

Not sure if you knew this, but there used to be a restaurant called Ninos at the top of one of the towers on South Temple.
Nino's Restaurant, 136 E. South Temple, University Club Building, 24th Floor.

https://www.deseretnews.com/article/...ESTAURANT.html

[Ironweed]

Originally Posted by Utah_Dave

I’ve always thought they lacked the abilities or the know how and contacts to make projects happen. In your opinion what areas are working well? Thoughts on the governors office of economic development?

From a guy on the outside looking in, Salt Lake City lacks the leadership and organization to put deals together unlike some of our larger competitive neighbors in other states.

More info please.

Thanks

Love them, or leave them, The state office of economic development is doing a bang up job. Spence Eccles Jr., now Val Hale and staffs are doing/did their part.

The biggest issue I see has been discussed before. There is a schism that exists between SLC /SL County and the State governments. I am not suggesting that the politics of the majority party make much sense. They often don't. The point is: The lack of trust between the state and city /county have resulted in SLC not getting very far, fast. Each have dug their heels in.

This may also indicate why there is such a strong desire to develop a new major downtown in Draper by the state. (I don't support this idea by the way)

Also, my three friends I spoke about earlier are members of the democratic party. No political bias from them. It is about competency and the leaders of SLC and the County. According to my friends, those leaders don't have it.

[Orlando]

Originally Posted by ctobsl

Not sure if you knew this, but there used to be a restaurant called Ninos at the top of one of the towers on South Temple.
Nino's Restaurant, 136 E. South Temple, University Club Building, 24th Floor.

https://www.deseretnews.com/article/...ESTAURANT.html

I went to Ninos for Prom.

[bob rulz]

Hooray, a legit tower proposal!

I do hope the design is revised though. The preliminary renderings are on the plain side.

But a legit tower proposal!! Hooray!

[Old&New]

Originally Posted by Makid

Very cool. As it is an established developer, I do think they will follow through on their plans. With the location, I can see the commercial space being picked up quickly by law firms.

Or Amazon!

[Pencil]

Hell yeah! Finally another building proposed!

[Pencil]

Originally Posted by Utah_Dave

It would be nice if they could add a level for a restaurant and dining area for special events and could also serve the commercial part and hotel as well as the general public. I'm not aware of any other salt lake building that has a restaurant up higher. Maybe Hotel Utah did? Perhaps the next building that's more in the central core of downtown could support one.

I also don't see a reason they couldnt add a few more floors for both commercial, hotel, and residential other then budget lol . I think 4 more floors would be pretty easy to make happen given the lack of commercial development happening right now that would compare to this project. Also, 8 total luxury residential units? They could add more no problem. Keep us posted on any changes or update Isaac! Good stuff.

I peg this building somewhere in-between the Key bank tower and 99 west in terms of height. I bet 2 more floors would put it over 375' comfortably. At this height and location it would really look nice as you are driving north on I-15. It would have a similar impact on the skyline to that of 99west from the north, minus the stellar mountain backdrop. Definitely one of the best back drops around. Lets just hope the geopolitical world doesn't throw cold water on the economy and shelve these projects! It takes a while for Utahs economy to generate a high rise boom. I hope we break out of the "3 high rises per decade" average we have been working with.

“According to the Held, the final floor count could increase a floor or two depending on how many residential units his company decides to build.“

[goldcntry]

Originally Posted by Utah_Dave

It would be nice if they could add a level for a restaurant and dining area for special events and could also serve the commercial part and hotel as well as the general public. I'm not aware of any other salt lake building that has a restaurant up higher. Maybe Hotel Utah did?

The former Hotel Utah, now the Joseph Smith Memorial Building, DOES have two restaurants: the moderately priced The Garden Restaurant and the high-end buffet The Roof Restaurant.

[Utah_Dave]

Originally Posted by goldcntry

The former Hotel Utah, now the Joseph Smith Memorial Building, DOES have two restaurants: the moderately priced The Garden Restaurant and the high-end buffet The Roof Restaurant.

Thanks for clarifying, I went to a reception there in the Joseph Smith building but I wasn’t sure if it was a full time restaurant. PS, they should have kept the old name, even if it’s not a Hotel anymore.

Also, I think I may have over estimated the height of the proposed building. Perhaps 330-350 is more realistic. Does anyone have a realistic estimate on the height?

[StevenF]

Originally Posted by Utah_Dave

Thanks for clarifying, I went to a reception there in the Joseph Smith building but I wasn’t sure if it was a full time restaurant. PS, they should have kept the old name, even if it’s not a Hotel anymore.

Also, I think I may have over estimated the height of the proposed building. Perhaps 330-350 is more realistic. Does anyone have a realistic estimate on the height?

Even at 330-350 in that spot that tower will definitely stand out.

[Pencil]

I would say it’s like the key bank tower height which is 350’ FT