SALT LAKE CITY | Development Thread

[delts145]

Salt Lake City & MSA/CSA Rundown


Holiday Metroscape


Sundance Holiday Vacation - Southern Metro

http://4.bp.blogspot.com/


Park City's Old Main - Central Metro/East

By B. Crockett


Snowbird Ski Resort - Central Metro

http://speidelsadventures.blogspot.c...-snowbird.html




95 South State Coming Soon

Originally Posted by airhero

Here are some renderings of Tower 8 uploaded yesterday. More or less what we've seen before. Also from the narrative looks like they are potentially naming it 95 South State.

https://farm5.staticflickr.com/4891/...16b518cd_b.jpg

Place keeper park on corner left is the designated site for upcoming new tower.

http://www.okland.com/

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[delts145]

The Gateway is getting a $100 million makeover. Here's what's in store for the 1.4 million square foot Salt Lake City property

Gateway has positioned itself as the urban extension of “Silicon Slopes,” bringing to market very unique tech spaces, Cushing said.

By Jasen Lee@JasenLee1
Published: November 1, 2018 6:22 pm - https://www.deseretnews.com/article/...e-gateway.html

SALT LAKE CITY — Downtown Salt Lake City has been undergoing a renaissance over the past few years, with the development of City Creek Center, the Eccles Theater, two new commercial office towers on Main Street and the renovation of Vivint Smart Home Arena.

The latest addition to the downtown revival effort is a one-time retail and entertainment hub situated in one of the fastest growing areas of the central business district.

"We've been working to revitalize the area ... hosted community events, brought in new tenants (and are) continuing the process with some really great things happening," said Jacklyn Briggs, marketing director for The Gateway. "We're excited to see all of the changes really actualizing."...

...Headquartered in Phoenix, Vestar owns and manages more than 50 retail shopping centers in Arizona, California, Colorado, Nevada, Texas, Utah and Washington. The company took over The Gateway in February 2016 and spent the ensuing months analyzing the market as it developed a suitable long-term growth strategy, she said. Gateway has positioned itself as the urban extension of “Silicon Slopes,” bringing to market very unique tech spaces, Cushing said.

"We realize we have a very unique opportunity here because of the growing demand in the tech sector," she said. "We can repurpose some of the large blocks of space we have that have unique architectural features that can be (adapted) for tech companies or large office users."

She said the large, open former retail spaces offer one-of-a-kind opportunities for firms in search of modern workspaces unlike any found in traditional office buildings. That advantage is something Vestar has used to attract anchor tenants like Recursion and Kiln, along with Cicero Group and Fidelity Investments, who occupy space on the north end of the property.

"The opportunity that we have and what makes this so unique is that we have all of these amenities that will cater to (and) make it very desirable to attract specifically the millennial workforce," Cushing noted. "We're bringing in the state's first food hall and have some entertainment concepts that have already opened."

Full Article - https://www.deseretnews.com/article/...e-gateway.html

https://i2.wp.com/www.buildingsaltla...34%2C996&ssl=1

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[delts145]

Proposal for new Convention Center Hotel in Downtown Salt Lake City approved by board

https://www.monaco-saltlakecity.com/...r-c3205e56.jpg

Earlier iterations of Convention Center Hotel Complex. Updated renderings to follow

http://www.utahprojects.info/Images/...ndering_27.jpg


http://www.utahprojects.info/Images/...ndering_27.jpg


KJZZ.com - By McKenzie Stauffer Tuesday, November 6th 2018

...This approval authorizes post-performance tax incentives in exchange for the development of the hotel, a press release stated.

“We are pleased to partner with the County, and DDRM, to build this convention hotel in Salt Lake City. We have found Utah, Salt Lake County, and Salt Lake City to be both business-friendly and a strong destination market; with an excellent airport, infrastructure, and leisure activities in proximity to the Salt Palace Convention Center. We hope this will be the first of many projects we undertake in this market,” Ambrish Baisiwala, CEO of Portman Holdings, said in a press release. The 680,000 square-foot building will be connected to the Salt Palace Convention Center...

...It will cost $337 million. Hotel owners DDRM have partnered with Portman Holdings, an architecture design firm, to build the hotel. “DDRM is fortunate to join with Portman to bring this hotel to Utah. Portman’s convention hotel experience, creativity and financial resources are very prominent within the industry worldwide and will help us create something that will make the entire State of Utah proud,” Stan Castleton of the DDRM Companies, said in a press release. The hotel will have 700-750 rooms and be about 325 feet tall. It will have a 62,000 square-foot meeting space, including a 25,000 square-foot Grand Ballroom and a 14,000 square-foot Junior Ballroom and an outdoor rooftop amenity space, press release stated. Portman Holdings and DDRM expect to break ground for the new hotel in Fall 2019 and plan to open it in 2022.

Circular Plaza at bottom, officially designated site for new Convention Center Hotel

https://static1.squarespace.com/stat...55/SLC+library

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[delts145]

ARCHITECTURAL DIGEST - The 9 Best New University Buildings Around the World

Some of the world’s most famous architects—Robert A.M. Stern, David Piscuskas, Thom Mayne, among them—went back to the books to marry design and academia

Lacey Morris for Architectural Digest
Full List of 9 best and Copy @ https://www.architecturaldigest.com/...ound-the-world

Lassonde Studios, University of Utah


One of the first design elements guests of the University of Utah’s Lassonde Studios will notice is an all-copper façade. The $45 million project by Yazdani Studio of Cannon Design in association with EDA Architects opened in August 2016, and its copper exterior is made to fade and change color as it ages. Lassonde Studios is part of the Lassonde Entrepreneur Institute, a division of the David Eccles School of Business, and its innovative design was made to attract the brightest young entrepreneurs to the university. The structure is built on a grid system, which will allow rooms to be easily reconfigured as demands for the space fluctuate.



New University Med Center Revealed


https://img.ksl.com/slc/2656/265646/...r=ksl/pgallery

https://img.ksl.com/slc/2656/265646/...r=ksl/pgallery

https://img.ksl.com/slc/2656/265646/...r=ksl/pgallery

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[delts145]

Despite Overcrowding and construction Salt Lake City International Airport soars to number 2 in quality ranking.

By Lee Davidson, The Salt Lake Tribune - https://www.sltrib.com/news/politics...-overcrowding/

Salt Lake City International Airport was designed for 10 million passengers a year, but it now handles nearly 27 million. The result? Parking lots fill. Waiting areas often have more passengers than seats. It has few lounges. Concessions are crowded. But the airport still just flew to a No. 2 best overall ranking among America’s 30 busiest airports — and was just barely edged out of the top spot. And the ranking comes amid a massive ongoing $3.6 billion project to rebuild the airport. “It’s amazing,” said Bill Wyatt, airport director for the past year. “As a relative newcomer, I’m amazed at how well this place operates.”The Points Guy, a travel website, released its annual Best Airports report Thursday, and it ranked Salt Lake City as No. 2 behind only Phoenix Sky Harbor Airport. The No. 3 ranking went to Portland, Ore., where Wyatt was director before taking the Salt Lake City job.The bottom rankings in the new report all went to three airports serving New York City: John F. Kennedy International at the bottom, followed by LaGuardia and Newark Liberty International. The rankings are based on such things as on-time flight statistics, amenities, how accessible it is to the city, the cost of an Uber or Lyft to get there, the number of restaurants versus the number of passengers, and more...

...Where could it do better? “Salt Lake could use a few more restaurants for the number of passengers it sees, and it has negligible lounge presence,” Kheel said. “It also needs to catch up to most other major U.S. airports in implementing environmentally friendly initiatives.”
Wyatt said the airport is already well on the way to doing all of that and more as it is building a new terminal, concourses and a parking garage to replace existing facilities — and is doing that on site without disrupting operations. The first phase of the new airport is scheduled to open in fall 2020. “It is going to be a genuine state-of-the-art facility — and will be operated by the same people who are already getting us this No. 2 award. So maybe No. 1 is on the horizon,” Wyatt said.

Leah Hogsten | The Salt Lake Tribune The new Salt Lake City International Airport expansion project, Monday, Oct. 22, 2018. The first phase construction of the $3.6 billion project is due to open in 700 days.
Nearing completion is the new concourse for aircraft gates, an enclosed terminal, the steel skeleton of a new "gateway" building, a five-story parking garage and elevated roadways.

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[delts145]

Property Reserve developer proposes 395-foot addition to Salt Lake City skyline

By Katie McKellar@KatieMcKellar1 - Deseret News - https://www.deseretnews.com/article/...y-skyline.html


Salt Lake City Planning Commission

The new office building — towering at 28 stories — would be the city's third-tallest skyscraper..."We’re pleased to be bringing another Class A office tower to downtown Salt Lake," said City Creek Reserve spokesman Dale Bills in a statement issued Monday, but he declined to comment further on the details of the project.

"We’ll have more to say in the coming weeks as we progress through the city’s approval process," he said...

Kitchen said no concerns have stuck out at him in his initial review of the proposed plans. Kitchen said he's confident any issues will be worked through, noting that it's not City Creek Reserve's "first rodeo" and they "know how to work with the city."

The skyscraper — named in planning documents as Tower 8 / 95 State — would include more than two dozen floors of office space and tower 395 feet high, according to blueprints from architects Skidmore, Owings & Merrill, a firm based in San Francisco.

The proposed height would require approval of a conditional permit in Salt Lake City's central business district zone, which caps height in the area at 375 feet.The additional 20 feet is being proposed for a curved parapet at the crown of the building


Salt Lake City Planning Commission

..."The subtle curvature along the top edge of the crown, coupled with the slight bow of the major elevations, serve to capture and reflect light in a continuous and dynamic expression throughout the course of the day," architects said in planning documents.

The roofline would contain "architectural features that give it a distinctive form or skyline," architects wrote, and would be designed for purposes such as "rooftop gardens, common space for building occupants or the public, viewing platforms, shading or daylighting structures, renewable energy systems, heliports" or other uses.

The sweeping, curved and glassy design for Tower 8 appears similar to another City Creek Reserve building: 111 Main, which was designed by the same architects.
Salt Lake City Planning Commission
City Creek Reserve, a real estate arm of The Church of Jesus Christ of Latter-day Saints, has submitted preliminary plans to the Salt Lake City Planning Commission to build a 28-story office building on the corner of State Street and 100 South.

Also like 111 Main, Tower 8 would include an open lobby at ground level, with 27-foot-tall glass walls. The lobby would feature a "large media wall" to display Utah scenery and artwork.

To the north of Tower 8 would be a 3,460-square-foot, tree-shaded plaza with outdoor eating areas, seating and a water feature or work of public art. A "stone-clad meetinghouse" will scale down to meet the Social Hall Museum plaza, architects wrote in planning documents....


Salt Lake City Planning Commission

Salt Lake City Planning Commission

...The skyscraper's entrance would face the intersection of State Street and 100 South. Parking would be provided on two levels within the tower as well as on the sixth level of the adjacent Harmon's parking building, accessible through Social Hall Avenue.

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[delts145]

Even with thousands of new apartments being built, rents in Salt Lake County keep climbing

By Tony Semerad, The Salt Lake Tribune - https://www.sltrib.com/news/2018/11/...thousands-new/

...After nearly 12,500 apartments were built in the past four years, there are now 6,650 units under construction in Utah’s most populous county, with more than half of those in Salt Lake City. Another 66 projects are proposed countywide that, if approved, would involve another 9,700 dwellings.
Yet the combined trends of new residents moving to Utah, continued expansion of the state’s job markets and low unemployment have led to the tightest sustained market conditions for rental apartments in Salt Lake County’s history, said Kip Paul, vice chairman of investment sales with Cushman & Wakefield in Salt Lake City. “We just keep hanging in there at virtually no vacancy and rents keep going up 4 to 6 percent a year as construction continues,” Paul said Monday. July’s apartment vacancy rate for Salt Lake County was, in fact, near its historic low at 2.7 percent, the fourth year in a row below 3 percent and a level that some experts associate with “full occupancy.” Even with record numbers of new apartments coming on line, “Salt Lake County remains in a housing shortage,” according to Cushman & Wakefield’s midyear 2018 Apartment Market Report, prepared for the firm’s would-be investment clients, developers and brokers. “Market indicators show no sign of oversupply, and new development is necessary to meet demand.” ...The report estimates that average rents have risen by about 40 percent since 2010. And they’re projected to keep going up by about 4.5 percent yearly over the next five years, analysts predict.Yet, in a separate study, Salt Lake City-based market researchers for Cushman & Wakefield found rents in Salt Lake County remain affordable relative to the size of its market and the incomes of its renters.


Under Construction, Downtown's Hardware Village

https://i1.wp.com/www.buildingsaltla...8%2C1104&ssl=1

[delts145]

University of Utah OKs $80M bond for Rice-Eccles Stadium expansion

By Marjorie Cortez - The Deseret News - https://www.deseretnews.com/article/...s-stadium.html


Picture By Jeffrey D. Allred , The Deseret News - The University of Utah's Rice-Eccles Stadium is pictured on Tuesday, Nov. 13, 2018. The U. board of trustees voted unanimously Tuesday to approve an $80 million nonstate revenue bond to upgrade and expansion of the stadium. The bond must be approved by the Utah State Board of Regents.https://media.deseretdigital.com/fil...c=6&a=e0717f4c

Rederings, newly expanded stadium

Originally Posted by Comrade

The new stadium will seat just over 51,000.

[delts145]

Reno-Tahoe pulls out of competition for Winter Olympics, leaving Salt Lake and Denver

By Lisa Riley Roche - Deseret News - https://www.deseretnews.com/article/...nd-denver.html

...“We have maintained from the start that a Reno-Tahoe bid would have to make sense economically, environmentally and socially,” Brian Krolicki, chairman of the Reno Tahoe Winter Games Coalition, said in a news release.

“Given the parameters and conditions presented, we cannot make the numbers pass muster. To continue, at this point, would be untenable and unwise,” he said. The news release called it a "necessary decision."

...The mayor said 89 percent of Utahns backed hosting another Olympics in a poll last year, unlike in Denver, where an initiative is circulating for the 2019 ballot that would give voters veto power over spending public money on a Winter Games.

"We don't have to go through that process here," Biskupski said, calling it an "interesting process" for Denver to have to embark upon, giving the timing of the USOC's decision.

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[Old&New]

Originally Posted by delts145

Reno-Tahoe pulls out of competition for Winter Olympics, leaving Salt Lake and Denver

By Lisa Riley Roche - Deseret News - https://www.deseretnews.com/article/...nd-denver.html

...“We have maintained from the start that a Reno-Tahoe bid would have to make sense economically, environmentally and socially,” Brian Krolicki, chairman of the Reno Tahoe Winter Games Coalition, said in a news release.

“Given the parameters and conditions presented, we cannot make the numbers pass muster. To continue, at this point, would be untenable and unwise,” he said. The news release called it a "necessary decision."

...The mayor said 89 percent of Utahns backed hosting another Olympics in a poll last year, unlike in Denver, where an initiative is circulating for the 2019 ballot that would give voters veto power over spending public money on a Winter Games.

"We don't have to go through that process here," Biskupski said, calling it an "interesting process" for Denver to have to embark upon, giving the timing of the USOC's decision.

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Salt Lake has got this.

[SLC2GeorgetownU]

SCROLL DOWN AND WATCH ITS 25 MINS LONG


https://www.okland.com/markets/offic...-office-tower/

[delts145]

Originally Posted by SLC2GeorgetownU

SCROLL DOWN AND WATCH ITS 25 MINS LONG

Watch this amazing video about 111 So. Main
https://www.okland.com/markets/offic...-office-tower/

There are some really striking new towers being built here recently in Downtown Los Angeles. Since I live within a short walk of the Downtown core, I try to check out all of the construction regularly. While I do hope that a few new tallest's are on the horizon soon for Downtown Salt Lake City, I would have to say that Salt Lake's new 111 Tower/Eccles Theatre lobby, it's entrance and curb appeal is one of the most marvelous and beautiful I've seen anywhere. I marvel at the way that glassed in, suspended column free lobby engages the corner. It is stunning, both at the curb looking in and at the inside looking out.

http://www.111mainslc.com/wp-content...bbyWindows.jpg


http://www.111mainslc.com/wp-content...ionOfSpace.jpg

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[delts145]

Central Ninth Neighborhood Continues Boom

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/in-...oom-continues/


Alinea Lofts

Rendering of the southwest corner of the Alinéa Lofts. Image courtesy LandForge Inc.


The southwest corner of the Alinéa Lofts as seen at the intersection of 900 South and 200 West. The units above the ground floor retail portion have another floor to go. Photo by Mike Fife.


Central Ninth Flats

Aerial rendering of the C9 Flats. Image courtesy Salt Lake City planning documents.


The Southwest corner of the under-construction C9 Flats as seen looking east along Goltz Ave from 200 West. Photo by Mike Fife.


Walkways which will connect the east and west buildings of the C9 flats as seen looking north from Goltz Ave. Photo by Mike Fife.


The Ruth

Rendering of the northwest corner of the Ruth. Image courtesy Salt Lake City public documents.


The northwest corner of The Ruth, as seen looking south along 300 West. The 3,000 square foot two-story commercial building will be on this corner. Photo by Mike Fife.


The Ruby


The Ruby, a newly completed townhome project on the west side of the 800 South block of West Temple. Photo by Mike Fife.


200 West


The 200 West Apartments are completed and now leasing at 965 South 200 West. Photo by Mike Fife.


Central Ninth Place


The interior walkway of the Central Ninth Place townhouses. Photo by Mike Fife.


Jefferson Walkway


https://i2.wp.com/www.buildingsaltla...40%2C956&ssl=1


https://www.buildingsaltlake.com/wp-...2.12.00-PM.png


http://www.slc.gov/planning/wp-conte...1-768x1024.jpg


https://www.vivagreenhomes.com/uploa...68447e27d6.jpg


The historic home which was moved a bit to the south and renovated as part of the Jefferson Walkway project at the 800 South blocks of Jefferson Street and 200 West. Photo by Mike Fife.

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[delts145]

Downtown - Former Back Alley/Parking Garage Access Regent Street, now a downtown destination

Jasen Lee - Deseret News, https://www.deseretnews.com/article/...stination.html

SALT LAKE CITY — A few short years ago, Regent Street in downtown Salt Lake City was little more than an access road for business deliveries and the entrance to a multi-level parking garage for a few nearby companies.

Today, the once off-the-beaten-path thoroughfare is now one of the primary connectors between Gallivan Center to the south and City Creek Center on the north, placing it right in the middle of downtown's main entertainment district.

When the much-heralded George S. and Dolores Doré Eccles Theater opened in the spring of last year, civic leaders hoped it would be the next jewel in the crown of the downtown business and entertainment hub — complementing City Creek Center, the 111 Main and 222 Main office towers, along with the new Broadway-style theater venue.

Thus far, the Eccles Theater has not disappointed, exceeding expectations and helping to generate residual prosperity for some of its nearby roadways, such as Regent Street...

A pedestrian walks down Regent Street in Salt Lake City on Thursday, April 19, 2018. Kristin Murphy, Deseret News

... said Paul Kuhn, executive chef and co-owner of Last Course Dessert Studio, 115 Regent Street.

"It's a great location as far as foot traffic," he said. "We're already seeing great results from folks going to the shows at the Eccles Theater and people coming in at lunch. "We're confident with what we have and we know the area," Kuhn explained.

He and his partner are familiar with the local restaurant and catering market, so they considered this foray to be one of great potential opportunity.

"I liked what (the city) did with (downtown). It was a good look," he said. "They're just trying to make it a nice area. We're very pleased with the look and approach they're taking and what we see in the future."

Kuhn said Regent Street has space to grow and is slated to add more new dining options in the coming months. It could become one of the top family gathering spots in downtown, he said...

...The Regent Street reconstruction project was born of many public meetings discussing what would soon become the spectacular new Eccles Theater, said Danny Walz, chief operating officer of the Redevelopment Agency of Salt Lake City....Noting the project is nearing the completion stage, Walz said the last piece of the revitalization effort is currently in the works. "The commission of a public art installation for Regent Street is the final element of the reconstruction, and is already underway,” he said. The city is currently in the final stages of its artist selection process for the public art piece...

Jordan Gaddis and Mike Phillips eat lunch at Pretty Bird on Regent Street in Salt Lake City on Thursday, April 19, 2018. Kristin Murphy, Deseret News

The driving force behind this newly completed portion of Regent St. is the recently completed Eccles Theater. Pictured below, Main St. front of Theater. Regent St. rehab runs directly parallel to the rear of the Eccles Theater.

https://www.skouttravel.com/wp-conte...heater-2-2.jpg

http://www.111mainslc.com/wp-content...bbyWindows.jpg

http://www.111mainslc.com/wp-content...ionOfSpace.jpg

https://farm4.static.flickr.com/3824...b3d9c1c9_b.jpg

https://i.ytimg.com/vi/xU2fZQZKuw8/maxresdefault.jpg


The northern anchor of Regent St. is it's newly resurrected portion at the City Creek Center. Formerly, this portion of Regent St. pictured below was non existent, buried by the confines of an indoor 70's style mall.

https://cdn.crtkl.com/wp-content/upl...ty-creek-6.jpg


Southern Anchor to Regent St. is the newly remodeled/enhanced Gallivan Plaza

http://mediad.publicbroadcasting.net/

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[delts145]

Demolition makes way for Ballpark townhome project

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/dem...nhome-project/

The Edith Townhomes

A missing middle corridor is developing on 1700 South, west of State Street. Crews have demolished the Majestic Meat building and an older single-family home to make way for construction of The Edith, a 23-unit townhome development proposed for the southwest corner of the 1700 South and West Temple intersection...Each unit will be three-stories with a two-car parking garage on the ground floor, living space on the second floor and two bedrooms and two baths on the third floor. Parking will be accessed via a mid-parcel private street that will connect to West Temple..

Rendering of The Edith townhomes. Image courtesy CW Urban.


Crews demolished a one-story commercial building and a single-family home at the intersection of 1700 South and West Temple. Photo by Isaac Riddle.]



Salt Lake City Fire Station #3


https://slcfire.com/wp-content/uploa...2.37.02-PM.png


https://imgur.com/iR4QoaF.jpg


https://slcgreen.files.wordpress.com...cgov.jpg?w=620



Salt Lake City Fire Station #14



https://www.firehouse.com/stations/i...s#&gid=1&pid=5


Net Zero Energy and Affordable Apartments Open Up.




https://www.deseretnews.com/article/...expensive.htmll

This is done by GIV group who is also doing the big project near the Library.

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[delts145]

Downtown Update - PaperBox Lofts

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/dev...aperbox-lofts/

The area surrounding the intersection of 200 South and 300 West is continuing its evolution from a dead zone to a bridge between the downtown core and the Gateway District. Development partners, Clearwater Homes and Peg Development, are ready to expand their presence in the area with the PaperBox Lofts, a proposed mixed-use development for the 100 South block of 300 West.

The developers have submitted revised design plans to the city in preparation for a public hearing with the Salt Lake City Planning Commission for a Planned Development request.
The project will include three mixed-use buildings and a parking structure and will occupy the middle of the block with frontage on both 300 West and 400 West. The three mixed-use buildings will also front a pedestrian walkway, several plazas and a small through-street.

The buildings will have combined 183 residential units. The two largest buildings will occupy the south side of the development and will both be six-stories tall with 95 and 84 units respectively. The units will be a mix of studio, one and two-bedroom apartments. Both buildings will sit above a shared parking structure. The parking structure will include 214 parking stalls, 63 of which utilize the City Lift automated parking appliance.

A landscaped plaza will separate the two larger buildings and each building will also front street-facing plaza at the east and west ends of the property. The two buildings will have live/work walk-up units on the ground floor, but the building fronting 300 West will have one street-facing ground floor retail pad

A smaller building will be just north of the larger two buildings and will be three stories with four, two-bedroom units...

The east facade of the PaperBox Lofts as would be seen from 300 West. Image courtesy Salt Lake City public documents.


The west facade of the PaperBox Lofts as would be seen from 400 West. The project was designed by VCBO Architecture. Image courtesy Salt Lake City public documents.

Commission approves downtown Paper Box Project

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/com...r-box-project/

Originally Posted by Orlando

I really like this project and I like the developer and his goals. The midblock passages are awesome. Parking underneath with a lift is also great.

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[Orlando]

Originally Posted by SLC2GeorgetownU

SCROLL DOWN AND WATCH ITS 25 MINS LONG


https://www.okland.com/markets/offic...-office-tower/

Very interesting. Thanks for posting!

[delts145]

Developers Moving Forward With Phase III of West Station Apartments

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/dev...on-apartments/

The first two phases of the West Station Apartments are already one of the largest multifamily residential developments in the growing residential node on the 1700 to 1900 West blocks of North Temple. The four-story, 145-unit first phase opened late 2015. After the first phase‘s completion developers, Henderson Development, immediately began work on the project’s four-story 148-unit second phase. Now that construction of the second phase is mostly complete, the developers are now ready to move forward on the project’s third phase, which will be the developments largest phase yet. The third phase will consist of two five-story, mixed-use buildings with a combined 247 units that replace a vacant lot at the northwest corner of the Gertie Avenue (150 North) and Redwood Road intersection...

..The proposed third phase has many of those same elements as the first two phases but also includes groundfloor retail, flex spaces and street-level residential amenities. The third phase buildings will wrap around surface parking on Gertie Avenue and Redwood Road..

Conceptual rendering of the east face of West Station Apartments third phase. Image courtesy Salt Lake City public documents.



Update: December 7th

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/com...tside-project/

...“We are very excited about the area,” said developer, Blake Henderson. “Creating an inviting space in a place where people can congagrate is very important to me.”... The third phase will more than double West Station’s unit count, bringing the total unit count to 592.

The developers originally proposed building two five-story, mixed-use buildings with a combined 247 units. Both buildings in the previous proposal would have wrapped around surface parking on Gertie Avenue and Redwood Road but would have no engagement with Harold Avenue with surface parking fronting the small through-street...The revised plans still include two five-story buildings but the developers have added an additional 50 units. The units will be a mix of micro, one, two and three-bedroom apartments. The ground floor will include a lobby, fitness center and 15 one-bedroom walk-up units. A fourth-floor skyway will connect the two buildings fronting Redwood Road.

Developers still plan on having surface parking separate the third phase buildings from Harold Street and the project’s first phase building, but they’ve reduced the width to just one row on each side of the street and have added a landscaped paseo to separate Harold Street from the row of parking...

Rendering of the next phase of the West Station Apartments as designed by JZW Architects. Image courtesy Salt Lake City public documents.


Rendering of the west face of the next phase of the West Station Apartments as would be seen from Harold Street (pictured). Image courtesy Salt Lake City public documents.

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[delts145]

Luxury apartments, built in the midst of Salt Lake City’s homeless crisis, prove to be a smart gamble

Tony Semerad - Salt Lake Tribune - https://www.sltrib.com/news/2018/06/...-smart-gamble/

Developers of new luxury apartments who bet big on a tarnished western edge of downtown Salt Lake City appear to be winning.

Alta Gateway Station Apartments

The transit-oriented Alta Gateway Station project at 505 W. 100 South went up one block away from what was then the epicenter of Utah’s homelessness crisis, spilling out of The Road Home shelter.

As construction crews for the Denver company Wood Partners first dug into the former warehouse land west of The Gateway Mall in summer 2015, the shopping center was bleeding retailers and looked like it was nearing bankruptcy...

...But Alta Gateway Station was that one crucial block further west, said Tim McEntee, director with Wood Partners — and several notches up in nerves for investors.

“We were definitely pushing the margin out here,” he said. “It was a challenge, but we thought the market was ready for our kind of product.”

Today, the swanky westside apartments are leasing up, with over 80 percent of 277 units filled. Studios start at $1,100 a month; three-bedrooms go for $2,700 and above. Sixty percent of residents already settled in are from out of state, manager Steve Steck said. About a third work at the thriving downtown Salt Lake offices for investment banker Goldman Sachs, which also helped finance Alta Gateway...

...Now, with the prospect of The Road Home moving out of the area in just over a year, Wood Partners is pursuing an equally upscale second phase of 288 apartments on land just to the west.

And it is seeking tax breaks from the city to pull it off.

McEntee said capital investors are calling, “wanting to do more deals” in Utah’s capital city.

The upscale residential project, coming amid an apartment-building boom in Utah, is evidence of several trends.

One, experts say, is the Salt Lake City market’s ability to absorb top-end downtown apartments at higher and higher dollar-per-square-foot rates — even as many Utah renters are being squeezed by rents climbing further out of reach for most blue-collar and middle-class wages.

As Alta Gateway Station welcomed visitors last week, the Salt Lake Chamber warned that all supplies of apartments, existing homes and new construction statewide were dangerously strained, let alone just affordable units. The business group said the looming crisis threatens to push regional home prices high enough to dampen Utah’s economic growth.

Looked at another way, healthy occupancy for the luxury apartments also highlights the effects of Operation Rio Grande.

That three-phase plan, begun in August 2017, saw stepped-up police action to restore public safety in the wider neighborhoods around The Road Home, with some homeless jailed and others sent for medical and addiction treatment, then helped with job training, employment and housing...
Steck, who works for Wood Residential Services, Wood Partners’ property management arm, said the police and social-services campaign reduced street crime and vagrancy in the Rio Grande neighborhood to roughly a tenth of what it was just a few years ago...
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Transformation Of The Gateway Center Continues To Pick Up The Pace

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Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/la-...t-the-gateway/

The co-founders of the local coffee roaster, La Barba Coffee, Josh Rosenthal and Joe Evens announced this week that they are ready to expand beyond coffee and into the cocktail business. The duo plans to open the Seabird Bar and Vinyl Room, a proposed bar that will occupy the space next door to the recently-opened La Barba cafe at The Gateway...The establishments are part of The Gateway’s strategic rebranding from a mall to a mixed-use entertainment district that features a Megaplex Theatres, The Depot by Live Nation, Clark Planetarium, Discovery Gateway Children’s Museum and Wiseguys Comedy Club. In addition to more entertainment and dining options, The Gateway’s owner, Vestar, is working to attract technology companies to replace former retail spaces. Recursion Pharmaceuticals, a biotechnology company, is relocating from Research Park at the University of Utah, to over 100,000 square feet of new office space in the former Dick’s Sporting Goods location. Another new tenant, Kiln, a tech-oriented coworking and startup community, will move into 25,000 square feet of space directly west of the Olympic Fountain Plaza. Both Kiln and Recursion will move into their new spaces at The Gateway by the end of 2018.

Several food trucks served food outside for the first winter flea market at The Gateway. Photo by Isaac Riddle.


Clock tower of The Gateway is now a four sided video screen. Photo by Mike Fife.

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