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viperlord

Salt Lake: Official development news thread

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Alright guys, you know the drill. This will be the place to post all of your development news in the salt lake area.

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this was in an article in the deseretnews on november 5th 2006

The Gateway: Work on the second phase of the development continues, with the recent additions on the north end of retailers like Ann Taylor, Old Navy and, in the coming months, Forever 21 and Office Depot. There will be some additional office space available on the second level above those retail stores, according to Jake Boyer, president of The Boyer Co. Also under way at the north end: the 230,000-square-foot Fidelity Investments building. Future plans include development of the north portion with the addition of a hotel, though talks continue with major hoteliers and no agreements have yet been reached, Boyer said. At the other end of the development, Boyer said construction is expected "any day" on the 5 Gateway Office Tower, a 62,000-square-foot building with retail space available on the street level.

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Growing up, out:

From now to City Creek's debut, Gateway will keep growing.

When the city forbade Nordstrom and its ilk from opening at Gateway, it bent the rules to allow stores such as Target, Kohl's or Wal-Mart. But Gateway has given up on a department store and will instead convert the parking lot north of Barnes & Noble into up to two more eight-story office towers, with retail on the ground floor starting in 2007. A third office tower soon will be under construction on 200 South.

"We're 100 percent leased. People, they like this atmosphere for an office location," Jake Boyer says.

Cowboy Partners - the same company building some of the housing at City Creek Center - is set to build 150 higher-end apartments on 500 West, adding to the 500 apartments or condos already at Gateway. In addition, almost 370 more housing units are planned by other developers immediately to the west. And five blocks north, 90 condos or town homes are set to be built as part of a mixed-use development.

Gateway developers are in negotiations for a 125- to 150-room boutique hotel on 400 West, fulfilling initial plans for the shopping center. "We're talking to several hotel groups. It would be a premier place to stay if you were coming in from out of town," Boyer says.

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hey all, any new development updates in SLC? Is it possible that someone in the know could give a rundown of the current ongoings in SLC developments?

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