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PCA Eyes Salt Lake City Downtown Redevelopment12-13-06 | News

PCA Eyes Salt Lake City Downtown Redevelopment




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The new logo for Salt Lake City revitalization.







Ten blocks of the downtown Salt Lake City business district is set for redevelopment.


The Portland Cement Association (PCA) is closely following the launching of Salt Lake City?EUR??,,????'???s $1.5-billion downtown redevelopment. Called ?EUR??,,????'??Downtown Rising,?EUR??,,????'?? the heart of the master plan is City Creek Center, 20 acres that the Church of Jesus Christ of Latter-Day Saints is developing through its commercial real estate arm, Property Reserve, Inc. According to the LDS Church, Downtown Rising is a collaboration of a broad cross-section of business and community leaders and is managed by the Salt Lake Chamber and its affiliate, the Downtown Alliance. Church representatives, like other downtown property owners, are participating as ?EUR??,,????'??conveners,?EUR??,,????'?? on the cabinet and as technical advisors. No tax dollars will be used.

Demolition will be followed by a year of excavation and site preparation. Completion is scheduled for 2011. Salt Lake hopes to combine retail, office, and residential development with open spaces and pedestrian-friendly access.

Plans call for up to three national department stores; new and refurbished office towers; 2,000 new residential units; reopening or extension of historic downtown streets as pedestrian walkways; fountains and man-made streams to represent the historic South Fork of City Creek (supplemented by six acres of gardens and open space); and underground parking for 5,600 vehicles.

PCA reports it and the Rocky Mountain Cement Council have made several presentations in the last few months to be Downtown Rising?EUR??,,????'???s cement suppliers.

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