Coordinates: 40°46′6″N 111°53′33″W / 40.76833°N 111.8925°W / 40.76833; -111.8925
The City Creek Center is a 20-acre (81,000 m 2 ) shopping center development under construction near Temple Square in downtown Salt Lake City, Utah. It is an undertaking by Property Reserve, Inc. (the commercial real estate division of The Church of Jesus Christ of Latter-day Saints) and Taubman Centers, Inc. Plans for the center call for shopping and residential elements, with foliage-lined walkways and a stream. The City Creek Center is scheduled to be complete in 2012. This shopping and office and residential center will encompass nearly 20 acres (81,000 m 2 ) of downtown Salt Lake City.
History
The City Creek Center began to develop in 2003, when a for-profit company owned by the LDS Church purchased the Crossroads Plaza Mall, a shopping center on the west side of Main Street from the ZCMI Center Mall. Both malls (known unofficially as the “Main Street Malls”) had been constructed in the 1970s and had begun to drop in sales figures by the late 1990s as a result of competition from rival centers in Salt Lake City’s suburbs. In 2001, the Boyer Company completed its new open-air Gateway Mall a scant four blocks to the west of Crossroads and ZCMI, drawing even more business away from Main Street. Soon after, the Nordstrom store at Crossroads announced its intentions to leave the mall and open a new store at Gateway. When the owners of the mall proved unable and unwilling to persuade the store to stay on Main Street, the LDS Church decided in 2003 to purchase the mall and redevelop the area in an effort to revitalize downtown Salt Lake City and keep the properties surrounding the church’s world headquarters at Temple Square economically vibrant. The church enlisted the help of nationally renowned mall developer Taubman Centers, Inc. to help it redesign the malls into a single project and recruit retailers to fill it. In October 2006, the concept design of City Creek Center was announced.
Overall Design and Transportation
The City Creek Center will feature an open-air design, similar to the competing Gateway Mall. The mall is intended to cater predominantly to pedestrian traffic. Multi-level sidewalks will feature six total acres of green space, fountains, and a stream. A pedestrian skyway is planned to link the two city blocks across Main Street. The site will continue to be serviced by the City Center station of the TRAX light rail system, and large underground parking structures will enable access by car.
Retail
The City Creek Center will be anchored by two national department stores: Nordstrom and Macy's. Nordstrom will have a two-story, 124,000 sq ft (11,500 m 2 ) store located on West Temple Street, across from the The Calvin L. Rampton Salt Palace Convention Center and Macy’s will occupy a three-story store of 150,000 sq ft (14,000 m 2 ), located on east block among the Main Street. In the original plan, a third anchor, Dillard's, was planned for the mall as well. After public outcry about the alignment of the restored, historic Regent Street in the project, however, and after a subsequent realignment left insufficient space for the proposed 150,000-square-foot store, plans for a Dillard's at the Center were canceled. In its place will be a yet-to-be-announced "mid-sized anchor," more room for specialty retailers, and an additional condominium tower. There will also be approximately 300,000 sq ft (28,000 m 2 ). of additional retail space for specialty stores. Excavation for the new Harmons grocery store was started on the east most (3rd) block, located on corner of 100 South and 200 East Streets. The northeast area containing the Key Bank Tower and adjoining Eagle Gate Tower is nearing the completion with expected date of May-June 2009. It will contain the Food Court with a view of the ongoing construction to the west. The valet-assisted underground parking located under the Key Bank Tower is open.
Office
Several existing office buildings in the area will maintain their positions in the City Creek Center development. The Key Bank Tower, however, has been demolished, and its tenants have been relocated to the Beneficial Financial Group Tower nearby, which has been renamed the Key Bank Tower. That building’s chief tenant relocated to the Gateway Tower West, which has been renamed as the new Beneficial Financial Group Tower. Residents and media challenged the decision to demolish the old First Security Bank Building. The challenge was upheld, the building will be renovated.
The City Creek Center project may also eventually include the Global Exchange Place. This building will offer exciting opportunities for Salt Lake City, as a region that is globally aware and engaged. Salt Lake City will benefit by creating a central location to showcase Utah's international abilities and strength into a "Global Exchange Place." A World Trade Center Utah will consolidate the now-scattered government and nonprofit economic development agencies and private sector international service providers as a single premier downtown Salt Lake City location. A conflict resolution and peace studies center will build upon Salt Lake City's Olympic legacy of friendship and goodwill to create a university-associated conflict resolution, mediation and` peace studies center. An International Institute will house an international university campus downtown. This "park-like" campus could include a foreign language institute, international student housing, conference center and central commons area. This project is only a proposal.
Residential
Approximately 300 housing units, consisting of condos and apartments, will be built into the new City Creek Center. They will be located in at least five residential towers, one of which is planned to be 30-35 stories tall not named yet, located on northwest corner of the west block, South Temple and West Temple Streets (28th floor as August 2009), and the Richards Court located on South Temple Street, direct across from the Temple Square, topped early February 2009 with more than 45 percent sold. Construction started on foundation for the 20-floor Regent condominium tower located on south side of east block (100 South Street) with all penthouses located on 17th and 18th floors already sold out. They will principally be built along 100 South Street, with some constructed along South Temple Street as well – including a fairly large tower to replace the demolished Inn at Temple Square.
Demolition and Construction
Most of the City Creek Center is scheduled to be complete by the year 2011, though final completion isn't expected until the following year. Upon completion in 2012, City Creek Center will encompass nearly 20 acres (81,000 m 2 ) across three blocks in the heart of downtown Salt Lake City as a revitalization effort to restore the city's downtown into a vibrant economic and cultural center .
Demolition of the site’s old structures commenced in November 2006. By February 2007, the Inn at Temple Square had been completely demolished and work was underway to demolish the old parking structure for the Crossroads Plaza Mall. The destruction proceeded across the site from west to east, with several businesses remaining open until a short time before their scheduled demolition. Macy’s and Nordstrom had both closed by early February 2007. On August 18, 2007 the twenty-story Key Bank Tower was imploded and was one of the final steps to demolition completion. Demolition was completed by the end of 2007, and was followed by another six months of excavation and site preparation. By July 2008, most of the below-surface structures of the Crossroads block located to the Southeast of the Main Street and South Temple Street intersection were complete. The parking structure beneath the future Nordstrom site was complete on the Southwestern corner of the block. The central core of the thirty-two storey condo tower as well as the base-work for three additional residential structures located along the Northern edge of the block had begun initial construction by mid-2008 .
Rebar was set into place to the South of the newly-relocated Key Bank Tower located on the Eastern edge of the ZCMI block to the East of the Crossroads block by the end of July 2008. The remainder of the ZCMI block had just completed initial site preparation by this time with demolition of the remaining portion of the ZCMI Mall completed by January 2009.
As of 1 May 2009, the platformed stairway is being constructed along the north wall of exit-ramp on South Temple Street, which will change the entrance and exit to Joseph Smith Memorial Building just north of east block of the City Creek Center. The same ramp will link to the underground parking in the City Creek Center.
Windows and walls are being installed on the lower floors of the City Cre
Utah Real Estate Guide - Agents, Realtors and Homes for ...
Utah Real Estate Agents, Realtors and Homes for Sale Guide. Find a Utah real estate agent or ... Commercial Lenders Developers Investment: Office Space Property Managers Real Estate Agents
St George UT Real Estate Agent Homes Land Commercial ...
St George Utah Real Estate Is A St George UT Real Estate Agent That Offers St George UT Homes For Sale, St George UT Real Estate For Sale, St George UT Land For Sale, St George UT ...
Utah Real Estate Listings - Homes For Sale - Utah Real ...
Utah's Largest Real Estate Directory! Search for Utah homes, condos, townhomes, land, commercial and more. MLS and FSBO Listings! Utah Real Estate
Logan Utah Commercial Real Estate
Welcome to our Site. Welcome to the our website - We're glad you are here, and hope you find this site useful. Feel free to browse around and read more about the products and ...
Utah Commercial Real Estate
Utah commercial real estate guide providing information on Utah commercial lenders, developers, real estate agents, property management and more.
Spectrum Real Estate
... full-service real estate company working under the umbrella of Equity Real Estate-Solid, specializing in residential and commercial real estate in the Greater Salt Lake Utah Valley.
Utah Real Estate: Homes, Farms, Ranches, Land for Sale ...
Utah waterfront, Utah hunting property, Utah commercial property, Utah investment property, Utah businesses, Utah real estate auctions and Utah ...
Utah Commercial Real Estate
Utah Comercial Real Estate, Rockwell TIC ... Please Check Back Soon for Rockwell TIC's Utah Commercial Real Estate!
(Logan Utah Real Estate and Cache Valley Homes)
© Cornerstone Real Estate Professionals
Utah Commercial Real Estate and Utah Commercial ...
Find Utah commercial real estate and Utah commercial property listings for sale and for lease