Salt Lake:Official development news thread - Part 2 - Page 484

DCRes · #**9661** Posted: **Mar 31, 2012, 5:12 PM**

I went to dinner at Maxwells (base of the Boston building on Main) last night with a group of freinds and then recommended that we walk down to CCC. It was great to see how many restaurants, bars, and shops are open on main. Most of the restaurants were full and there was a good amount of people out and about. I received comments from my freinds like, "I had now idea there was this much on Main" and " i don't think I've walked downtown for years, this is really cool". This was the exact reaction i was hoping for when i picked Maxwells.

One thought that i had though is that someone needs to open an ice cream shop/bakery on main. A lot of people go to dinner and then would walk to get dessert after. This would give people an excuse to walk around and they would probably be surprised at what they see. I know there are ice cream places around downtown but i think that one on main would be very successful.

(Eco)nomy_404 · #**9662** Posted: **Mar 31, 2012, 5:21 PM**

Quote:

Originally Posted by Future Mayor

I think as things begin to business continues to grow on Main that it will get a lot more focus on here.

I have noticed a considerable uptick in pedestrian traffic along Main St. as well as South Temple. I think it will develop nicely in the coming years!

Quote:

Originally Posted by Wasatch_One

I think this may be a bit misleading given that the Nasdaq is a market capitalization weighted index and Apple is over a half trillion dollar company and up over 50% YTD. I think this statistic shows that Apple is doing well at least

It is true that the best index to gauge the overall economy would be the S&P because it is broader based. It is also true that the Nasdaq and Dow may more reflect corporate earnings than overall domestic economic strength, but the S&P usually follows the economy pretty well. Even so, gains were pretty broadly spread across the index. If you look at the best 5 performers vs the worst 5 performers, you`ll see that the best increased triple the rate that the bottom 5 lagged:

Top 5:

+112% - Sears
+70% - Bank Of America
+65% - Netflix
+60% - Whirlpool
+53% - Salesforce

Top 5 average: +72%

Bottom 5:

-27% - Alpha Natural
-27% - Supervalu
-26% - First Solar
-20% - Electronic Arts
-21% - Cabot

Bottom 5 average: -24%

Apple is doing good, but not exactly to the point of significantly skewing the index. Apple rose about 45% over the quarter, which still puts itl bellow the top 5 performing stocks.

I think it is now very clear that the economic recovery is finally throttling forward at a healthy pace - housing starts increased substantially this year as people take advantage of low rates, employment gains are solid across all industries except for government, initial jobless claims are at 4-year lows, wages are rising, stocks are soaring (which means people`s retirement savings and investment portfolios are up), manufacturing is up significantly, exports hit $1.5 trillion this year (making the U.S. the 2nd largest exporter in the world), consumer spending is at 8 month highs, consumer sentiment is up 35% since recession lows, and on and on. We are only about half way out of the hole, but it appears that data is now indicating that we should fully recover from the effects of the Great Recession over the next couple of years. I think it is becoming increasingly difficult to be pessimistic about the economy.

Old&New · #**9663** Posted: **Mar 31, 2012, 5:30 PM**

Quote:

Originally Posted by DCRes

I went to dinner at Maxwells (base of the Boston building on Main) last night with a group of freinds and then recommended that we walk down to CCC. It was great to see how many restaurants, bars, and shops are open on main. Most of the restaurants were full and there was a good amount of people out and about. I received comments from my freinds like, "I had now idea there was this much on Main" and " i don't think I've walked downtown for years, this is really cool". This was the exact reaction i was hoping for when i picked Maxwells.

One thought that i had though is that someone needs to open an ice cream shop/bakery on main. A lot of people go to dinner and then would walk to get dessert after. This would give people an excuse to walk around and they would probably be surprised at what they see. I know there are ice cream places around downtown but i think that one on main would be very successful.

I gelato shop would be nice! Marrie Callender's should go back into the business of being just a bakery, and open one up on Main. I'd go there for desert!

TonyAnderson · #**9664** Posted: **Mar 31, 2012, 5:44 PM**

Quote:

Originally Posted by Wasatch_One

I would say it's a feeling of "we've arrived" when national brands take notice and choose to open something here.

Personally, I don't mind BWW, but I also like Wing Nutz. I like In-N-Out, but I also like Marley's Sliders. It's all about variety and options as long as they can all stay in business.

I found the BWW to be pretty in impressive (in Lehi) ...I had never been to one before. Food was great, and TVs galore.

gusam26 · #**9665** Posted: **Mar 31, 2012, 7:37 PM**

Quote:

Originally Posted by DCRes

One thought that i had though is that someone needs to open an ice cream shop/bakery on main. A lot of people go to dinner and then would walk to get dessert after. This would give people an excuse to walk around and they would probably be surprised at what they see. I know there are ice cream places around downtown but i think that one on main would be very successful.

There's a farr's fresh ice cream shop opening on south temple although not on main I think its a great idea. Also the gelato shop inside the harmons isn't too far away.

gusam26 · #**9666** Posted: **Mar 31, 2012, 8:05 PM**

I don't know if you guys seen this video, or if it has been posted here before. I think its pretty neat.

http://www.youtube.com/watch?v=u0ykF...e_gdata_player

DCRes · #**9667** Posted: **Mar 31, 2012, 8:37 PM**

Quote:

Originally Posted by gusam26

There's a farr's fresh ice cream shop opening on south temple although not on main I think its a great idea. Also the gelato shop inside the harmons isn't too far away.

Nice! Where on South Temple is that going?

Old&New · #**9668** Posted: **Mar 31, 2012, 9:17 PM**

Just East of Macy's North entrance.

gusam26 · #**9669** Posted: **Mar 31, 2012, 9:36 PM**

There's a seating area inside the Macy's entrance.

DCRes · #**9670** Posted: **Mar 31, 2012, 11:29 PM**

I understand that it's difficult to figure out how to post pictures so i'm trying this one to see it if works

DCRes · #**9671** Posted: **Mar 31, 2012, 11:33 PM**

And.. it did not. I opened the picture in my Flickr page, copied the link, then clicked on the Insert Image icon in the post and pasted the link. Can somebody share what step i missed?

John Martin · #**9672** Posted: **Mar 31, 2012, 11:40 PM**

Open the picture on your flickr page, click the "share" button right above the photo. Under the 3rd option ("Grab the HTML/BBCode"), that's where you copy the link. Make sure to check the box for BBCode. Then just post the link directly to here, no need for the "insert image" icon.

Wasatch_One · #**9673** Posted: **Mar 31, 2012, 11:47 PM**

Makid · #**9674** Posted: **Apr 1, 2012, 5:44 PM**

Not sure how many saw this on KSL this morning:

http://www.ksl.com/?nid=1070&sid=198...cid=featured-5

Mayor Becker states that construction of the UPAC will begin next year.

SLC Projects · #**9675** Posted: **Apr 1, 2012, 6:37 PM**

Quote:

Originally Posted by Makid

Not sure how many saw this on KSL this morning:

http://www.ksl.com/?nid=1070&sid=198...cid=featured-5

Mayor Becker states that construction of the UPAC will begin next year.

I really hope the county gets on-broad with this. This is Downtown's next big project and a great infill to connect the North and South of Main Street.

ajiuO · #**9676** Posted: **Apr 1, 2012, 6:44 PM**

Quote:

Originally Posted by SLC Projects

I really hope the county gets on-broad with this. This is Downtown's next big project and a great infill to connect the North and South of Main Street.

How many building is main street going to loose because of this? We are starting to run very short on historic main stret building... I'm all for the project but would rather see it on 100 south, state, or even 200 or 300 south...

UTAZLoVer · #**9677** Posted: **Apr 1, 2012, 6:52 PM**

Quote:

Originally Posted by gusam26

I don't know if you guys seen this video, or if it has been posted here before. I think its pretty neat.

http://www.youtube.com/watch?v=u0ykF...e_gdata_player

LOVE Farr's Fresh!

Stenar · #**9678** Posted: **Apr 1, 2012, 7:02 PM**

Quote:

Originally Posted by ajiuO

How many building is main street going to loose because of this? We are starting to run very short on historic main stret building... I'm all for the project but would rather see it on 100 south, state, or even 200 or 300 south...

The location is decided (and has been debated on this forum ad nauseum). Please don't reignite the location debate.

Old&New · #**9679** Posted: **Apr 1, 2012, 7:18 PM**

The location is decided, but this doesn't mean the location can't change. You can never fully know what is going on in the background. There is a movement now to get the theater moved across the street, and although a small movement at this point, It involves some key players (game changing players). There is also a plan to keep the public private partnership of the current development intact, only the scope of that project would change. Instead of a theater, it would be another public facility. Then the theater would become part of another private/public partnership development. So instead of one development, there would be two. And instead of one tower, there would be the potential for two.

Stenar · #**9680** Posted: **Apr 1, 2012, 7:21 PM**

Quote:

Originally Posted by Old&New

The location is decided, but this doesn't mean the location can't change. You can never fully know what is going on in the background.

Well, there's at least a 99% chance that the location won't change.