Funds bloom for downtown projects

Published: Saturday, April 23, 2005 11:35 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Salt Lake City Mayor Rocky Anderson and downtown retailers racked up some wins this past week as the City Council made major funding decisions regarding the heart of Utah's capital.

Anderson finally persuaded the City Council, acting as the city's Redevelopment Agency Board, to fund at least parts of two of his pet projects — 300 South median improvements and flower arrangements on Main Street. In the past, the council has repeatedly declined to put any cash into those downtown beautification projects.

"I'm thrilled to do anything we can to get this started," Anderson said.

Besides being good to Anderson, the council also was generous with certain downtown merchants.

The council decided that displaced downtown mall tenants will be able to get some free taxpayer cash if they stay in the center of Salt Lake City.

One loser was the Utah Transit Authority. Council members declined to pitch in $200,000 for UTA's downtown transportation study, although they will likely reconsider the study next month.

On 300 South, the City Council acquiesced to Anderson and set aside $450,000 to fund medians with trees and other amenities in the downtown area.

Story continues below

While $450,000 will complete the medians on two blocks only, it's more than the council had previously been willing to fund, and Anderson could seek money for more medians later.

The mayor would like to see the medians on 300 South from 400 West to 200 East. With only $450,000, however, the plan now is to put them between Main and 200 West or from West Temple to 300 West.

"It's incumbent upon us to invest in the downtown," Squatters brew pub owner Peter Cole told the council in arguing for the median improvements.

Anderson maintains the medians will spur economic development, especially between Main and West Temple where the southwestern portion of the block is largely vacant.

Besides the medians, the City Council, acting as the RDA Board, put $100,000 into a grant fund for mall tenants who are being kicked out of Crossroad Plaza or the ZCMI Center, as The Church of Jesus Christ of Latter-day Saints redevelops its two downtown malls.

Retailers that are not being kept at the mall can apply to get up to $20,000 in free cash from the grant fund if they relocate somewhere downtown between 400 South and South Temple and State and West Temple.

Downtown real estate broker Vasilios Priskos, who has been tapped by the LDS Church to help displaced mall retailers find new homes downtown, said 30 locally owned businesses in the mall will be displaced.

Many of those businesses' leases will expire as early as next week, he said.

Without the new grant program, which could be increased depending on the demand, Priskos said many of those businesses would close and never return to downtown without some type of grant.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

I love Millsap, and the Jazz will find a way to move Boozer and match for...

i think its childish to assume that somebody would actually want to get...

Millsap and Boozer need to stay in Utah. Millsap is Boozers backup while he...

Childish and immature? Its always easier being ignorant and presuming things...

can you use words like testimony and church leadership to critisize a...

Bro P really helped me through a tough time in my life when I had him in...

These are only allegations at present, but I hope when he goes to trial, the...

My thoughts are with the Pratt family right now. Michael I hope you are...

It is interesting that everyone who seems to be a member comments on how nice...

You presume, simply because they were gay, that they were trying to "stir...

Advertisements