From Deseret News archives:

Holding pattern: Retailers are in limbo as downtown undergoes redevelopment

Published: Sunday, April 6, 2008 12:55 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
"We had a hard time finding a place anywhere, let alone Bountiful," he said. "First of all, there's not much in downtown to pick from, and if there is anything, it's really expensive."

Nisar wanted to be near the Salt Palace Convention Center but found little restaurant space with City Creek Center construction. He gave up and began looking in the suburbs.

Business in Bountiful "is getting better every day," he said. "It's not as busy as it is in Salt Lake."

When construction ends, Nisar will turn his eyes again toward downtown: "My intention is that, but it will really depend on if I can get a good monthly lease rate."

A number of years ago, Len and Kris Hoffman purchased Bellezza, an upscale salon in Crossroads that had struggled financially, and turned the place around. It made a profit in its last two years, said Sue Russell, chief operating officer of Hoffman and Company.

As Crossroads closed, the Hoffmans looked for a new location.

"Because our margins were so tight, we had a hard time finding something that would make a good fit," Russell wrote in an e-mail. "It was hard to find a place that had the facilities that would accommodate a hair salon."

Story continues below
The Hoffmans found a space at 307 S. Main Street and two business partners to go in with them. The three partners applied for city grants and loans. However, one of the three partners had less-than-stellar credit. The deal was killed when a loan was rejected, she said.

"We sold everything in the store for whatever we could get, then we locked up and walked away," Russell wrote.

David Giroux, of the Downtown Merchants Association, said some businesses have chosen to locate downtown. He cites the Keys on Main piano bar, Danish electronics store Bang and Olufsen, and the Acme Burger Co. as businesses that recently chose downtown locations.

"Businesses always will open and close, especially smaller businesses, especially when they're not larger corporations," he said. "Sometimes they don't have a good business model, sometimes their product is not in demand. That happens everywhere, not just downtown."

Department stores

For more than a year, Salt Lake City has lacked a high-end department store downtown.

Macy's closed its store at the ZCMI Center on Feb. 3, 2007. Nordstrom closed its Crossroads Plaza store Jan. 20, 2007. Days later, demolition began. And Salt Lakers altered their shopping patterns when looking for high-quality clothing and cosmetics.

Recent comments

Article mentions Cottonwood Mall as a viable shopping option. Has the...

Murray resident | April 6, 2008 at 9:56 a.m.

We have people without any brains running for City Council
Making...

Open your eyes | April 6, 2008 at 5:29 a.m.

Image
Danny Chan La, Deseret Morning News

Crissy Maniar assists customer Brenda Van der Wiel, left, at Haroon's at Foothill Village in Salt Lake City.

previousnext

Latest comments

Gifts for gamers

There are some games I love not on your list. Arkham Asylum for one.

Daughter: Mitchell fed me my pet

Our parents made my brothers help kill and clean our rabbits before we ate...

Why would you keep it open? I would understand if there was a lot of amazing...

The government will run our health care well? Read Reader's Digest, November...

BCS stable at top, Y. up to 14

TCU stomped on the MWC so they are naturally ready to crush Florida, Alabama...

Jazz win 6th in 7 games

could you understand Dave Locke any more than my mom does and she is not even...

Notre Dame fires Weis

Attending the ND/BYU game 3 years ago in south bend, a couple of things stuck...

I missed the game, actually i heard a little bit of Locke on the radio (man...

Hall's pain reflects self-betrayal

quotes were good: Article was dumb and unnecessary.

Understanding translation process

I believe the art depicting Joseph looking at the plates may possibly be...

Advertisements