Quote:
Originally Posted by Orlando
Cowboy Partners was given that corner to do housing on there. I believe it was going to be 8-12 stories tall. But, I forgot why this was put on hold. I assume that CCRI wanted to wait until Boyer got their res. tower going before they start on this & Cascade. So, something could be in the works very soon since Liberty Sky is rising. Anybody know?
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The corner was originally going to have a 12 to 15 story apartment building. Plans were put on hold and an agreement of sorts was made between CCR and Boyer. This agreement gave us Liberty Sky and 95 S State.
Because of the increase in apartments, the plans for the 2nd East 1st South (NW) corner have changed a few times.
As I mentioned previously, CCR hasn't yet finalized the overall plan but they have been looking at a 30 to 40 story apartment tower. This was before Kensington Tower was proposed.
It is my understanding that CCR doesn't plan to begin the project until Liberty Sky has been open for at least 1 year or is at 95% occupancy, whichever happens first, if I remember correctly.
Now, the timeline may be shifting as well as the overall size with the planned Kensington Tower, the Utah Theater tower, and a few other taller residential projects coming down the pipeline.