SALT LAKE CITY | Development Thread

[delts145]

Southern Metro Updates - Provo


New housing at 300 West and 500 North









Pacific Heights Apartments @ 743 No. 900 East

Originally Posted by i-215

A construction/demolition fence has gone up around five (or so) old houses. Crews are chopping down the trees. Looks like demolition to me.

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[delts145]

Southern Metro Updates - Provo


Provo buys land to preserve Rock Canyon


http://traildestinations.com

http://www.deseretnews.com/article/8...ck-Canyon.html

Sam Penrod, Deseret News

PROVO — City officials are making sure one of the most popular outdoor recreation areas in Provo will remain the way it is.

Eighty acres of private land in Rock Canyon is being purchased by the city for $1.6 million to preserve it from development and mining, and to keep it open for the community to enjoy, city officials announced Tuesday.

“I’m glad the city is going to preserve it,” said Provo resident Denise Durrans, who hikes with her dog, Roxy, a few days per a week in Rock Canyon.

"The peaks and how beautiful it is, and it is semi-private the higher up you go," Durrans said. "Nobody is there. It's beautiful. You can see the valley.”
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New MTC expansion plans revealed by LDS Church


The LDS Church's Provo MTC is shown in this aerial photo taken on Sept. 6, 2013. (Jaren Wilkey, BYU)

http://www.deseretnews.com/article/8...DS-Church.html

Tad Walch, Deseret News

...Construction on new, six-story buildings is scheduled to begin in the summer of 2015 and take two years, The Church of Jesus Christ of Latter-day Saints announced on its website.
The release does not say how many buildings are planned, but the rendering shows four new buildings in place of BYU's laundry and auxiliary maintenance facilities, which are being demolished.
A massive surge in the 18 months since the church lowered the age requirement has boosted the number of missionaries from 58,000 to 85,039.
Once the expansion is complete, the MTC will be able to accommodate 4,500 missionaries at a time, enough for all the missionary training activity expected in Provo...


The Church of Jesus Christ of Latter-day Saints released this preliminary site plan for expansion of its Missionary Training Center in Provo, Utah, on Monday, April 28, 2014. The rendering depicts four new buildings in the lower left hand quadrant, which is south of the current MTC. (LDS Church)



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[delts145]

Central Metro/East - Park City





Construction begins again on Main

Phase two of a five to seven year remodel of Main Street includes sidewalk and gas line replacements

Alexandria Gonzalez , The Park Record

http://www.parkrecord.com/park_city-...ins-again-main

Bulldozers, orange traffic cones and the beeping of construction trucks are a part of the Main Street scene once again. A year ago, phase one of one of the first major public sector
upgrades since the 1990s began on Main Street and lasted until early October. This year, merchants are glad construction began during the shoulder season instead of right in the middle
of the increasingly busy summer season.
Alison Butz, executive director of the Historic Park City Alliance, said crews got a late start on construction last year. They made sure to get an early start this year and went "full speed
ahead" on construction as soon as Park City Mountain Resort closed for the ski season recently...


Main Street visitors cross the street while Miller Paving construction workers lay 15-inch storm drains in a trench on the north end of lower Main Street in front of Mary Jane s and
Mountain Town Olive Oil Company on Thursday. Christopher Reeves/Park Record

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[delts145]

Central Metro/East - Park City


Bonanza Park: a new plan, a billionaire backer and, soon, momentum?

"It's better to build in a redevelopment area . . . than it is to put it out in our natural setting and sprawl outward," said Thomas Eddington, the planning director at City Hall and one of the architects of the redone General Plan..."We don't have a lot of places to put density. Bonanza Park is one," he said...


Bonanza Park covers a swath of Park City roughly bounded on two sides by Bonanza Drive and Kearns Boulevard. It has for years been a utilitarian part of Park City, but a major landowner envisions an ambitious remake of the district. Christopher Reeves/Park Record


City Hall's idea for Bonanza Park includes a pedestrian-friendly streetscape. Shops and restaurants would occupy space on the ground level of buildings while residential square footage would be upstairs. Courtesy of Park City Municipal Corp.


John Paul DeJoria, Park City resident, Founder and CEO of Paul Mitchell backs "Bonanza Park" mega development


With City Hall growth blueprint finished, developer prepares to press ahead

Jay Hamburger, The Park Record

http://www.parkrecord.com/

It has been nearly a decade since the buzz started about what has been seen as Park City's up-and-coming district.

Developers at one time attached a trendy-sounding moniker to the district, calling it NoMa, short for North of Main. It was re-branded as Bonanza Park, an acknowledgement of two of the important streets in the district -- Bonanza Drive and Park Avenue.

There was only limited progress, though, before the onset of the recession and just a little bit more since the deepest days of the downturn. But the key developer in Bonanza Park, Mark J. Fischer, appears to be readying to pursue the ambitious remake of the district.

Fischer will press ahead with seemingly a better idea of City Hall's desires for Bonanza Park... entire article - http://www.parkrecord.com/



The streets in Bonanza Park, now a hodgepodge, could be redone into a grid system, shown in a conceptual image, over time as projects are developed. A grid system could encourage people to walk or bicycle more frequently, City Hall says. Courtesy of Park City Municipal Corp.

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[delts145]

Central Metro/East - Park City

Park City - Stein Eriksen Residences




Regent Properties in Deer Valley has reached an agreement with the Stein Eriksen name and has tapped the company that operates Stein Eriksen Lodge and The Chateaux Deer Valley to manage this new property.

The developer is building a 54-unit project, a mix of condominiums and houses, on land close to the Evergreen and Bellemont neighborhoods. The project has long been referred to as North Silver Lake. Under the terms of the agreement, the development will be called the Stein Eriksen Residences.

The deal comes as the developer, known as Regent Properties, restarted work at the site last summer after the project languished and required approval from City Hall to continue under the same development permit after the delays mounted. Regent Properties work last summer included putting in the infrastructure and building a model home, which was readied in time for Sundance 2014.

"We wanted to work with the pre-eminent leader in luxury hospitality service, that's why we have chosen to join forces with Stein Eriksen Lodge at our North Silver Lake development," the managing partner of Regent Properties, Jeff Dinkin, said in a prepared statement. "Their experience and expertise managing properties in Park City are second to none."

Richard Lichtenstein, who represents the project, said in an interview a sales office will be opened in Stein Eriksen Lodge to complement one at the site. He said the developers anticipate starting work on one of the buildings in 2014. It will house residential units, a pool, a spa and a gym, he said.

The deal was inked with an entity called the Stein Eriksen Lodge Management Corp. Russ Olsen, the CEO, said the sides were in discussions for more than a year. He said the deal covers an initial term of 10 years with a 10-year automatic renewal. He declined to discuss financial terms.

Model Single Detached, constructed to be ready for this most recent Sundance 2014












Olsen said Stein Eriksen Lodge is "complementing our brand" with the agreement. He noted that the project will offer residential properties that will be available for rent as compared to the hotel rooms available at Stein Eriksen Lodge and The Chateaux Deer Valley. He said he anticipates between 60 percent and 70 percent of the condominiums in the project will be made available for rentals on a nightly basis.

Olsen's firm will manage the property, including providing housekeeping services, operating a restaurant, snowplowing and landscaping. He said high-end hotel services will be provided in a residential setting. Olsen said the Stein Eriksen Residences will be attractive, perhaps, to VIPs who are in Deer Valley for conventions.

People who are staying at Stein Eriksen Residences will enjoy access to the spa at Stein Eriksen Lodge and will have preferred status at facilities there like the restaurant and bar. Van service will be provided between the lodge and the residences.

Olsen said the condominiums could be built over the course of five to seven years while the houses will be put up as the parcels are sold.

Stein Eriksen Lodge, named after the skiing legend with a longtime affiliation with Deer Valley Resort, has been one of Park City's top lodging properties since its debut in the 1980s. It has remained among the elite properties even as a series of high-end hotels opened during the Olympic era and afterward.







http://www.enjoyparkcity.com

[delts145]

Southern Metro Update - Provo


Downtown Provo Announcement - More upscale apartments coming to downtown Provo


Courtesy Forge Companies Utah

http://www.heraldextra.com/news/loca...3e0fd76cd.html

Genelle Pugmire, Daily Herald

PROVO -- The skyline in downtown Provo will be changing again with the announcement from Forge Companies that they will build a 75 unit, six-story apartment complex at 80 N. 100 East.

The development was introduced to the municipal council earlier this week. It will be called 80 North and is a sister to the mixed-use apartments known as 63 East, which will be around the corner on Center Street. Ryan Freeman, developer and CEO of Forge Companies made the announcement.

"We believe in the leadership here in Provo," Freeman said. "We are dedicating a majority of our time to downtown Provo. We believe that Provo is on the brink of an economic explosion."

Forge also is developing at Traverse Mountain. He said the amount of interest in 63 East, which is just being started, leads them to believe the 80 North project will be a success. Spaces are quickly being reserved for 63 East. Forge anticipates announcing who will be in the ground-level retail space Friday.

The main floor apartments will be modern Brownstone, two-story apartments with walk-up stoops. The apartments also will have balconies. Parking is expected to be at the Wells Fargo Bank parking terrace with 80 reserved stalls. The developers are asking Provo city for 20 surface parking spaces in front of the building on 100 East. In all, and with some trade from 63 East, there will be 1.5 parking stalls per apartment.

The apartments will be two- and three-bedroom units and are designed more for those who want to live in an urban setting rather than for college students. This is not a mix-use development but all apartments.

"We are about five months out before breaking ground," Freeman said. "We also have a few other projects in the works in Provo."

Freeman said in market studies local residents said they are tired of boring and stale housing choices.

"Anybody who loves music or the arts would love living here," Freeman said, referring to the social life in downtown. "Provo has such a bigger dynamic with the younger people. It can be the only true urban living in the county. There is a very strong demand for urban living here...

Forge is asking the Provo redevelopment agency for some help with parking, particularly for the 20 spaces on the street. He said he hopes the city will provide permit parking for the Brownstones. There will be some underground parking offering about 30 stalls.

Freeman said he is also asking the RDA to fund $600,000 of the development in exchange for 5 percent of the revenues over 10 years. The agreement would be similar to one made for 63 East.

Freeman is particularly excited for this project as he lived just two blocks east of the site when he was attending Brigham Young University.

"It's nostalgic for me having been a BYU student," Freeman said...


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[delts145]

Southern Metro Update

Lehi - New Mountain Point Medical Center - Under Construction


http://utahvalley360.com

Layton Construction has already begun work on the project and is
expected to finish in the spring of 2015. The new 40-bed Mountain
Point Medical Center, will be located across from Thanksgiving Point
on the east side of I-15 and will span 28 acres.



“In this new era of health care delivery, we are proud to be
expanding our family of health care services to meet the growing
needs of northern Utah County,” said Ed Lamb, Western Division
President of IASIS, which owns hospitals, outpatient service facilities
and physician clinics across the western and southern United States.
“This is an example of fulfilling our mission to provide high quality,
affordable care.”



The medical center will include a full-service emergency department,
intensive care unit, Women’s Center, cardiac catheterization
lab, comprehensive diagnostic imaging lab, surgical and labor and
delivery suites, children’s services and an adjacent medical building
offering a range of physician services.

[delts145]

Downtown - Demolition Update

Utah Performing Arts Center & Tower

Originally Posted by gusam26

Pic By Gusam26

[delts145]

Downtown Update


Salt Lake’s Beehive Brick Building to become studios, residences -

Redevelopment » City donates property in exchange for makeover.

Mike Gorrell, The Salt Lake Tribune

http://www.sltrib.com/sltrib/politic...lding.html.csp


(Chris Detrick | The Salt Lake Tribune) The exterior of Beehive Brick Building at 244 S. 500 West Wednesday May 14, 2014.

Artspace is undertaking a new project to revitalize one of Salt Lake City’s historic but long-dormant buildings.

The nonprofit organization, which develops mixed-use projects combining affordable housing with commercial space for artists and other creative souls, will receive title to the Beehive Brick Building at 244 S. 500 West for free from the Salt Lake City Redevelopment Agency.

In exchange, Artspace will take on the sizable expense of seismically upgrading the earthquake-vulnerable building and then renovating the structure consistent with RDA design guidelines.

When done, the three- and four-story warehouse is likely to have a half dozen studios and commercial offices on the ground floor topped by 12 to 15 residential units, said RDA project manager Jill Wilkerson-Smith.

"The seismic work alone will cost $750,000 — just to keep it standing," Artspace President Jessica Norie said Tuesday after the City Council, sitting as the RDA board, unanimously approved the ownership transfer.

Acquiring the structure free of charge, she added, basically represents a fair "exchange for our services to save the building."

That’s how the deal strikes Councilman Luke Garrott, whose district includes this part of downtown west of the Rio Grande Depot.

"I appreciate the staff taking the historic-preservation mandate in the Depot District seriously," he said, noting that the biggest challenge is retrofitting buildings.

"I’m willing to part with our slice of land [0.31 acre] if they’re willing to get the building back in working order," Garrott said. "It’s a good deal because we’ll keep the historic nature of the neighborhood. And Artspace has shown themselves to be a leader in historic preservation."

That’s why the RDA approached Artspace in the first place, Wilkerson-Smith said. "We saw an opportunity to build off the quality projects that Artspace has done in proximity to this project."

She was referring to seven existing projects, including renovations of the Eccles Browning Warehouse on Pierpont Avenue, the California Tire and Rubber Co. Building and an original ZCMI warehouse.

The nonprofit also bought the former Utah Barrel and Scrap site and converted the scrap metal recycling lot into Artspace Commons and Artspace Solar Gardens.

Artspace’s Norie said she relished the chance to use the Beehive Brick Building "as a model to show there is funding and financing out there to keep our history intact."

Community interest in using these buildings is there as well, she added, noting that 99 percent of Artspace’s residential and commercial space is leased.

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[delts145]

Parting Shots ~ Springtime, Downtown Salt Lake City

[delts145]

Downtown Update - Demo Prep For The Utah Performing Arts Center & Tower


Pic By ToysNoiz

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[delts145]

Downtown - Performing Arts Center & Tower Site Prep Continued...




UtahPerformingArtsCenter






















Pics By Utenation


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[thrnck]

I'm so flipping excited! Its starting to look like a real construction site! Can't wait to see the cement being poored!

[delts145]

Me too! Looks like we'll have UPAC and the 111 Tower, The 151 Tower, The AIR Hotel, and the Convention Center Hotel in various stages of construction all at the same time. Exciting times for Salt Lake City. Things are really beginning to explode. Who knows what else might be announced this Summer.

[delts145]

Downtown Update

151 Site & Parking Construction



















Pics By Utenation

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[delts145]

Downtown Update


La Porte Project
















Pics By Utenation


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[delts145]

Downtown ~ AIR HOTEL - 14-story hotel planned for Downtown SLC


"SALT LAKE CITY (ABC 4 News) - Downtown Salt Lake City will soon be home to a new, swanky hotel. The modern-style boutique hotel
is still in the design phase, but downtown leaders say once completed it could transform nightlife in the area."



Exterior Rendering - AIR HOTELS



Interior Rendering 1 - AIR7 Restaurant/Lounge



Interior Rendering 2 - AIR7 Restaurant/Lounge



Interior Rendering 1 - AIR Nightlife




Kim Johnson, ABC News

http://www.good4utah.com/story/d/sto...jEueg2YALUL_Uw

SALT LAKE CITY (ABC 4 News) - Downtown Salt Lake City will soon be home to a new, swanky hotel.

The modern-style boutique hotel is still in the design phase, but downtown leaders say once completed it could transform nightlife in the area.

The space on West Temple and 4th South has been leveled and fenced off.

Originally called Air Center, a mix of office and entertainment use, developers saw a need something more. Plans have tweaked to build an urban-style hotel instead, 14 stories high with a roof top pool and a multi-use theater.

In an online forum developer Ken Bretschneider writes, "We decided that there was plenty of office space in the downtown core and that a fresh new hotel with location based entertainment was something SLC really needed."

The Downtown Alliance believes the hotel concept will bring more people into the city which will help the local economy.

“More hotel space means that there is more people coming into downtown spending more money and really enjoying what downtown Salt Lake City has to offer,” said Jesse Dean, assistant director of public policy at the Downtown Alliance.

And under the project's design, downtown will have something else new to offer, a nightclub in the hotel.

“Downtown isn't really known for its 24-7 nightlife but I think that the nightclub experience that the developers have been talking about with the Air Hotel will really bring a new concept into town,” said Dean. “It will still promote the safe, fun environment that we here in Salt Lake City are known for.”

Air Hotels was originally supposed to open this December, but now that the project's design has change, construction won’t begin until the fall.

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[delts145]

Downtown Update - The Jessie Eccles Quinney Ballet Centre

The Jessie Eccles Quinney Ballet Centre will include five studios for professional dancers and academy programs, new offices, and new costume and wardrobe areas. It will also provide public areas, including restrooms and a concessions area for use during shows at the Capitol Theatre. It will also include reception and meeting spaces. - See more at: http://www.utahbusiness.com/articles....7DTNaU6U.dpuf

http://www.balletwest.org

[delts145]

Downtown Update

Restored And Redeveloped Historic Walker Center Becomes Customer Service and Reception Center Headquarters For Domo

Press Release: SILICON SLOPES, Utah – Spring, 2014 – Domo, a software-as-a-service (SaaS) venture launched to redefine the business intelligence market and transform the way business is managed, announced another breakthrough quarter. The company also revealed its plans to expand its Silicon Slopes presence with a new sales and customer reception center in the historic Walker Center in downtown Salt Lake City.


http://www.bubblews.com

Domo’s expansion to a downtown location will help Domo achieve its aggressive hiring plans of doubling its sales force by providing a footprint at both ends of the valley that the company can build upon. Only 10 minutes from Salt Lake City International Airport, it will also provide an ideal location to host customers.

This news comes on the heels of Domo’s recent Series C financing of $125 million, which raised the company’s total funding to more than $250 million at a valuation of $825 million. Today, after selling for just more than one year, Domo has passed the 500-customer mark and has annual growth far exceeding 100 percent...Contd. Below


Work on rooftop patio and reception center continues



Pics By Utenation


In the past quarter, Domo’s customer base grew to include some of the world’s most recognizable names in fashion, consumer packaged goods, retail, media and financial services. New customers are continuing to respond to Domo’s ability to bring together all of the data they care about in one place.

“We are experiencing tremendous momentum, yet we know that reaching our true potential relies on incredible execution,” said Josh James, Domo founder and CEO. “And while the velocity of our sales efforts continues to shatter records for enterprise software — with deals closing in days and weeks, instead of months or quarters — the market remains virtually untapped. We are hiring aggressively and doubling our sales team to further accelerate our business and to address the needs of a market that wields incredible purchasing power but to date has been completely ignored.”

Today, more than 50 percent of Domo’s new business involves CEOs and more than 70 percent involves CXOs.

James added, “In my 14 years as Omniture CEO, I was actively engaged in only one software purchase decision for our company. Why? The cost was so high that I had to be able to justify the price tag to the board. With Domo, CEOs and C-level executives are regularly the ones driving the purchase because we are addressing a universal pain point as these executives struggle to get value from the data they already have about their business.”

Domo also combines, for the first time, technologies and capabilities that deliver an entirely new user experience in enterprise software. Domo has been keeping most details of its solution under wraps and expects to take the covers off some time this year.

“With an ambitious growth plan, the new downtown location will make it easier to attract the talent that is critical to our growth. We are excited about the opportunity in front of us and will judge the success of our execution, not just on growing our numbers, but also on our success in creating happy customers,” said James.


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[delts145]

One map that shows Utah is the place to be right now



JJ Feinauer, Deseret News

Published: Monday, May 19 2014 9:43 p.m. MDT, Updated: 9 hours ago

Unemployment rates have continued to decline, according to the Bureau of Labor Statistics’ most recent economic news release.

But the good news is not evenly spread. According to the report, 47 states saw a drop in unemployment numbers from March to April, but the remaining three either saw no change in unemployment or, in one case, even an increase.

Utah continues to rank among the states with the lowest unemployment numbers, joined by Wyoming, Vermont, South Dakota, North Dakota and Nebraska as states with an unemployment rate below 4 percent. The national average currently sits at 6.3 percent.

“The moral of the story is pretty clear,” Vox’s Matthew Yglesias said in response to the report. “If you want a job, head for Omaha or Salt Lake City or the wide open spaces of the Plains.”

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