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Originally Posted by Atlas
Anyone know how likely this RL Hotel redevelopment is? Seems cool but I can't imagine hotels are doing well right now in general. Also, it looks like they got rid of that awesome giant swimming pool in this rendering but the street engagement is better.
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I think it is probable. They are actually shrinking the number of hotel rooms. They are going to convert roughly 1/2 of the current Hotel RL rooms to apartments.
My understanding is that the new construction will include a few more apartments but will also include office space.
From the image, it looks like the new construction would include a 17 Story building and possibly 2 11-12 story buildings. The overall design of the buildings in the image look more like office space than apartments to me.
The overall sense of the images shown screams Tech Campus, maybe a even Bio Tech Campus. The 17 Story building would be for the Execs and front office staff. The 2 11-12 story buildings would be lab space.
I know that there has been some news recently about SLC focusing more on the Bio Tech side of the Tech industry and this may just be the first project focused that way.