From Deseret News archives:

Rocky, builder cross swords

Developer to shun Salt Lake City until there's new mayor

Published: Wednesday, June 13, 2007 12:02 a.m. MDT
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Wasatch, based in Logan, owns several buildings downtown, including the Palladio Apartments, the Ken Garff Building and the Chase Tower. Hansen said business will continue as usual at those buildings, but unless the city's next mayor is someone he can work with, Wasatch will not start any new projects — and it certainly won't ask for the city's financial assistance.

"I want none of Rocky Anderson's money," he said.

Hansen said he is pulling from the 222 S. Main project because, in addition to financial assistance from the city, developers of large projects need the full support of a city's administration.

Even so, he and council members said that they expect the project to go forward as planned. Wasatch had worked with Hamilton Partners to secure the money and design for the project, and that money will remain with the project, Hansen said.

Anderson's second term ends at the start of 2008, and he is not seeking re-election.

Hansen said he and Anderson have had an amicable relationship in the past. Both grew up in Logan, and Wasatch has contributed to Anderson's campaigns.

"He and I have never had a cross word, ever," Hansen said. But their relationship changed when Bush came to town, he added.

The RDA loaned $6 million to the 222 S. Main project to help build a parking garage for the tower. That garage will include 100 parking stalls available to the general public.

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The office tower is expected to bring 1,600 new workers downtown. A groundbreaking was planned for July 10, though the change in partnership may delay that.


E-mail: dsmeath@desnews.com

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