Posted Nov 15, 2019, 3:59 PM
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Join Date: Aug 2006
Location: Downtown Los Angeles
Posts: 19,384
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Downtown Update - Major Global Developer Narrows In On Pantages Tower Proposal
Quote:
Originally Posted by nushiof
Recap of last night's SLC Council Meeting
https://mailchi.mp/aa6678f07828/reca...ouncil-meeting
"the Board heard from almost two dozen individuals about a proposal to redevelop the Utah Theater and adjacent retail property. The Board received clarification about challenges for the property to qualify for tax credits and historic designations. The theater is owned by the RDA, and property on either side of the building is owned by private developers who are proposing to redevelop all sites for a mixed-use housing development. The proposed development would contribute $1.7 to $2.9 million in public benefits above the property's value. The Board expects to hold a follow-up discussion in the coming weeks. Watch the Board's discussion on The Utah Theater here."
Contains a youtube clip of the discussion
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Last edited by delts145; Dec 2, 2019 at 2:57 PM.
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