City Creek Center Gives SLC Downtown New Life
by Joel Carson
The entire landscape of downtown Salt Lake City is changing. The city center is about to become a celebrated tourist destination and a convenient life center for Utah residents. I’ve said it before of other massive projects like this and I’ll say it again—this project has the potential to impact property prices and boost the housing market directly and indirectly. The City Creek Center won’t put Salt Lake on the map (we’re already there) but it will highlight our geographic location on “the map” with something akin to flashing lights and a big red “stop here” arrow.
City Creek Center is basically a shopping center development. It’s in Salt Lake’s city center near “Temple Square.” Forbes Magazine refers to Temple Square as the No. 1 tourist destination in Utah with 5 million visitors each year. I look for that number to increase.
Scheduled for completion in 2012, City Creek Center is destined to become a 20-acre wonderland with shopping, Salt Lake City condos, decorated walkways and pleasant streams among lush foliage. This mixed-use development is a brilliant move.
Property Reserve, Inc. is the commercial real estate division of the Church of Jesus Christ of Latter-day Saints. City Creek Center is Property Reserve’s brainchild and the result of a partnership with Taubman Centers, Inc. Just imagine a glamorous “open-air” design intended primarily for pedestrian traffic. Salt Lake City is becoming more and more walkable. With six acres of green space, fountains, and a lingering stream, I look for members of Salt Lake and surrounding communities to flock to the center. Remember when people used to gather downtown and actually share human contact outside of their isolating automobiles?
Whether you live in a Draper home, a South Jordan home, a West Jordan home, a Sugarhouse home, Midvale home or even a home in Herriman, Utah, you will have easy access to this enjoyable new attraction. TRAX light rail system will service the area and the property will be complete with underground parking structures.
Big business will obviously play a part in the development here. Housing units are already a huge part of the plan. A whole new offering of Salt Lake City homes will be available in the 300 housing units (condos and apartments) built into City Creek’s master plan. These will be strategically located in a minimum of five residential towers. Many units are already sold and have been for quite some time.
If you’re planning to make a move to Northern Utah, now is a great time to make it happen. Visit our website at www.allutahcondos.com. Feel free to shop around and then contact us as soon as possible. We’re here to help you every step of the way!
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