DOCSLIB.ORG

5656 West John Cannon Drive, Salt Lake City, Utah 84116

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
5656 West John Cannon Drive, Salt Lake City, Utah 84116 5656 WEST JOHN CANNON DRIVE, SALT LAKE CITY, UTAH 84116 INDUSTRIAL INVESTMENT OPPORTUNITY | CLASS A FACILITY | 457,320 SQUARE FEET | 100% LEASED May 2021 OFFERING MEMORANDUM Newmark (the “Agent”) has been engaged as the exclusive sales representative for the sale of 5656 West John Cannon Drive (the ”Property”) by ‘Ownership’ (the “Seller”). This Memorandum does not constitute a representation that the business or affairs of the Property or Seller since the date of preparation (May 2021) of this Memorandum have remained the same. Analysis and verification of the information contained in this Memorandum are solely the responsibility of the prospective purchaser. Additional information and an opportunity to inspect the Property 5656 WEST JOHN CANNON DRIVE, SALT LAKE CITY, UTAH 84116 will be made available upon written request of interested and qualified prospective purchasers. Seller and Agent each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or INSTITUTIONAL INVESTMENT CONTACTS offers regarding the Property, and/or terminate discussions with any party at any time with or without notice. Kyle Roberts, CCIM, SIOR Luke Burbank Seller reserves the right to change the timing and procedures for the Offering Executive Managing Director Executive Managing Director process at any time in Seller’s sole t 801 578 5525 t 801.578.5522 discretion. Seller shall have no legal [email protected] [email protected] commitment or obligations to any party reviewing this Memorandum, UT Lic. # 5474336-SA00 UT Lic. # 6922585-SA00 or making an offer to purchase the Property, unless and until such offer is approved by Seller, and a written agreement for the purchase of the Bret Hardy Jim Linn Property has been fully executed Executive Managing Director Executive Managing Director and delivered by Seller and the Purchaser thereunder. t 213-804-7815 t 213-248-3900 This Memorandum and the contents, [email protected] [email protected] except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting Andrew Briner Kevin Shannon this Memorandum, you agree that you will hold and treat it in the strictest Executive Managing Director Co-Head, U.S. Capital Markets confidence, that you will not forward, t 925-708-8316 t 310-491-2005 photocopy or duplicate it, that you will not disclose this Memorandum [email protected] [email protected] or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to DEBT & STRUCTURED FINANCE make a proposal and from whom you have obtained an agreement David Milestone Brett Green of confidentiality) without the prior Vice Chairman Senior Managing Director written authorization of Seller or Agent, and that you will not use this t 310-491-2015 t 310-491-2009 Memorandum or any of the contents [email protected] [email protected] in any fashion or manner detrimental to the interest of Seller or Agent. Table of Contents EXECUTIVE SUMMARY 01 PROPERTY PROFILE 02 TENANT SUMMARY 03 AREA OVERVIEW 04 MARKET HIGHLIGHTS 05 INVESTMENT ANALYSIS 06 01EXECUTIVE SUMMARY The Offering Newmark is pleased to present the unique opportunity to acquire 5656 West John Cannon Drive (“XR1”, “The Property” or “Project”), a recently constructed, multi- tenant, Class A distributuion facility strategically located in the Airport submarket of Salt Lake City, UT. Built in 2019, the building totals 457,320 square feet and is situated on 30.57 acres with immediate access to I-80, I-15, and Salt Lake International Airport. The Property is equipped with modern industrial features including 36’ clear heights and offers cross dock loading capabilities with ample parking for trailers and automobiles. XR1 is 100% leased to two national tenants with 5.1 years of average remaining lease term and no tenant rollover until April 2025. Moreover, XR1 will allow an astute investor to accretively finance the acquisition for outsized risk-adjusted returns. 6 Executive Summary Executive Summary 7 Investment Highlights CORE ASSET FUNCTIONALITY • XR1 exemplifies the highest-quality industrial product in the Salt Lake City market • State-of-the-art industrial design with high functionality and future divisibility • Modern cross-dock industrial features, excess trailer parking and 2.1% high-finish office space STRATEGIC LOGISTICS LOCATION • Salt Lake City has been deemed the “Crossroads of the West” • 19% of the nation’s population is within a twelve hour drive-time • Significant corporateoccupiers in the immediate vicinity validate this location as logistically advantaged and highly desirable ROBUST SALT LAKE CITY MARKET FUNDAMENTALS • The direct vacancy rate has remained steady at an impressive 3.8% • 792,000 square feet of positive net absorption in Q1 2021 - second best Q1 performance in Salt Lake City history • 13% rent growth in the last 12 months 8 Executive Summary DURABLE INCOME FROM NATIONAL CREDIT TENANTS • 5.1 years of weighted average lease term remaining • No tenant rollover until April 2025 • Two established tenants with national footprints • SALT LAKE CITY - PRO-BUSINESS ENVIRONMENT INVESTMENT SNAPSHOT • Ranked #2 Best Economy by U.S. News & World Report in 2020 and #3 Best State for Business by Forbes 457,320 SF 36’ TOTAL BUILDING AREA CLEAR HEIGHT • Unemployment rate of 3.1% (5.5% below the national average) • Low, flat-rate income and corporate tax of below 5% 30.57 ACRES 5.1 YEARS TOTAL LAND AREA WALT 2019 $0.48 YEAR BUILT CURRENT IN-PLACE RENT (NNN) 100% $2,660,086 OCCUPANCY YEAR 1 NET OPERATING INCOME 9,795 (2.1%) OFFICE SQUARE FEET Executive Summary 9 High-Image Core Building Profile STATE-OF-THE-ART DESIGN AND FEATURES • Built in 2019 - Instituionally owned and operated since inception • Cross Dock Loading Configuration • 83 Dock High Doors - 1 per 5,500 SF • 36’ Minimum Clear Height • 9,795 (2.1%) office finish with no mezzanine space • 58 On-Site Trailer Parking Stalls • ESFR Fire Suppression System 10 Executive Summary 100% Leased to Two National Tenants XR1 provides investors with durable and predictable income from two committed tenants with no rollover until April 2025. Suite 100 Size 353,720 % of Property 77.3% Current Base Rent $0.47 NNN Lease Expiration 12/31/2026 WALT 5.5 Years Suite 500 Size 103,600 % of Property 22.7% Current Base Rent $0.54 NNN Lease Expiration 4/30/2025 WALT 3.8 Years XR1’s rent roll is comprised of two tenants, each possessing a national footprint and proven business model. Investors have an excellent opportunity to generate stable cash flow from a newly constructed, low-touch property, fully leased on a Triple-Net basis. Executive Summary 11 STRATEGIC SALT LAKE CITY AIRPORT MARKET LOCATION LOCAL, REGIONAL AND NATIONAL CONNECTIVITY XR1 is proximate to the region’s major transportation infrastructure, providing direct access and serviceability to Greater Salt Lake City and neighboring regions. I-80 4 Minutes Salt Lake International Airport 8 Minutes State Road 201 8 Minutes I-15 12 Minutes The Property immediately borders the Utah Inland Port area, which sits at the intersection of two interstate freeways, major national railways, and an international airport. This connectivity bolsters the area’s serviceability and generates demand for warheouse and distribution centers like XR1. STRONG REGIONAL DEMOGRAPHICS Salt Lake County offers a deep, skilled labor pool and favorable business environment for companies of all sizes. Current Population Estimate 1.16 M Median Household Income $74,865 Median Home Value $305,700 Ten-Year Population Growth 12.70% 12 Executive Summary UNRIVALED ACCESSIBILITY Utah is known as the “Crossroads of the West” for its excellent connectivity to the entire nation. Salt Lake City, specifically, benefits from a favorable geographic location that provides easy access to primary commercial hubs across the country. This connectivity has helped established the region as a global marketplace for its ability to facilitate an efficient flow of goods through its vast transportation networks. All major metros in the Western Region, and many major metros in the Mid-West, are within a 24 hour drive time. SEATTLE, WA Ground Distance: 840 Miles Ground Time: 12.5 Hours BILLINGS, MT BISMARCK, ND (! Ground Distance: 567 Miles Ground Distance: 922 Miles PORTLAND, OR Ground Time: 8.5 Hours Ground Time: 14 Hours NATIONAL Ground Distance: 766 Miles Ground Time: 11.5 Hours (! BOISE, ID DRIVE TIMES Ground Distance: 339 Miles Ground Time: 5 Hours ¨§94 (! (! RENO, NV Ground Distance: 516 Miles (! POCATELLO, ID Ground Time: 7 Hours Ground Distance: 164 Miles ¨§84 Ground Time: 2.5 Hours SAN FRANCISCO, CA (! Ground Distance: 735 Miles CHEYENNE, WY §5 SALT LAKE CITY, UT Ground Time: 11 Hours ¨ ¨§80 Ground Distance: 440 Miles LINCOLN, NE (! \! Ground Time: 6.5 Hours Ground Distance: 879 Miles (! Ground Time: 13 Hours SAN JOSE, CA (! ¨§80 (! Ground Distance: 768 Miles LAS VEGAS, NV ¨§15 (! 70 (! Ground Time: 11 Hours Ground Distance: 420 Miles ¨§ Ground Time: 6 Hours (! LOS ANGELES, CA DENVER, CO KANSAS CITY, MO Ground Distance: 688 Miles Ground Distance: 1,073 Miles ! Ground Distance: 521 Miles Ground Time: 10 Hours ( Ground Time: 16 Hours Ground Time: 8 Hours SAN DIEGO, CA (! Ground Distance: 750 Miles ¨§40 (! (! Ground Time: 11 Hours (! (! OKLAHOMA CITY, OK Ground Distance: 1,187 Miles Ground Time: 17 Hours Drive Time Population ¨§10 ALBUQUERQUE, NM (! 4.5 Hours 3,788,586 PHOENIX, AZ Ground Distance: 598 Miles DALLAS, TX Ground Distance: 663 Miles Ground Time: 10 Hours Ground Distance: 1,243 Miles 9 Hours 14,336,518 Ground Time: 10 Hours ¨§35 Ground Time: 19.5 Hours 12 Hours 61,318,341 (! (! 15 Hours 80,421,393 HOUSTON, TX 18 Hours 92,197,900 SAN ANTONIO, TX Ground Distance: 1,477 Miles Ground Distance: 1,303 Miles Ground Time: 23 Hours 21 Hours 139,632,755 Ground Time: 20.5 Hours 24 Hours 183,375,089 Drive times are based on speed limits and an average traffic flow.
Load more

Recommended publications
  • 701 Light Rail Time Schedule & Line Route
    701 light rail time schedule & line map To Draper View In Website Mode The 701 light rail line (To Draper) has 3 routes. For regular weekdays, their operation hours are: (1) To Draper: 4:23 AM - 11:15 PM (2) To Fashion Place West: 10:26 PM - 11:26 PM (3) To Salt Lake Central: 4:56 AM - 10:11 PM Use the Moovit App to ƒnd the closest 701 light rail station near you and ƒnd out when is the next 701 light rail arriving. Direction: To Draper 701 light rail Time Schedule 24 stops To Draper Route Timetable: VIEW LINE SCHEDULE Sunday 5:50 AM - 8:13 PM Monday 5:50 AM - 11:13 PM Salt Lake Central Station 330 South 600 West, Salt Lake City Tuesday 4:23 AM - 11:15 PM Old Greektown Station Wednesday 4:23 AM - 11:15 PM 530 W 200 S, Salt Lake City Thursday 4:23 AM - 11:15 PM Planetarium Station Friday 4:23 AM - 11:15 PM 400 West, Salt Lake City Saturday 5:50 AM - 11:13 PM Arena Station Temple Square Station 102 W South Temple St, Salt Lake City 701 light rail Info City Center Station Direction: To Draper 10 W 100 S, Salt Lake City Stops: 24 Trip Duration: 52 min Gallivan Plaza Station Line Summary: Salt Lake Central Station, Old 270 S Main St, Salt Lake City Greektown Station, Planetarium Station, Arena Station, Temple Square Station, City Center Station, Courthouse Station Gallivan Plaza Station, Courthouse Station, 900 South Station, Ballpark Station, Central Pointe 900 South Station Station, Millcreek Station, Meadowbrook Station, 877 S 200 W, Salt Lake City Murray North Station, Murray Central Station, Fashion Place West Station, Midvale Fort Union
    [Show full text]
  • Recommended Restaurants All Restaurants Are Within the Downtown Area
    Recommended Restaurants All restaurants are within the downtown area. Take the Blue or Green line at Courthouse Station heading north to downtown (within free fare zone) Buds Sandwich Co. Este Pizza 509 E 300 S 156 E 200 S budsslc.com estepizzaco.com Mon – Sat 11:00 am – 5:00 pm Mon - Thurs 11:30 am – 10:00 pm Vegan Sandwiches Fri 11:00 am – 11:00 pm V, VG, GF Sat 11:30 am – 11:00 pm $ Sun 4:00 pm – 9:00 pm Pizza (whole & by the slice), Subs, Calzones, Cannellas V, VG 204 E 500 S $$ cannellasrestaurant.com Mon 11:00 am – 9:00 pm Eva Tues-Thurs 11:00 am – 10:00 pm 317 Main St. Fri 11:00 am – 11:00 pm evaslc.com Sat 12:00 pm – 11:00 pm Mon – Thurs 5:00 pm – 11 pm Sun 4:00 pm – 9:00 pm Fri, Sat 5:00 pm – 12:00 am Italian Sun 5:00 pm – 10:00 pm V Mediterranean, Tapas/Small plates $$ V, VG, GF $$ Copper Common 111 Broadway (E 300 S) (next to Copper Onion) Eva’s Bakery Sun – Thurs, 5:00 pm – 11:00 pm 155 Main St. Sat, Fri 5:00 pm – close evasbakeryslc.com New American Mon - Sat 7:00 am – 6:00 pm V Sun 9:00 am – 3:00 pm $$ French Pastries, Soup, Salad, Quiche, Sandwiches V, VG Copper Onion $ 111 Broadway (E 300 S) thecopperonion.com From Scratch Mon-Thurs 5:00 pm – 10:00 pm 62 E Gallivan Ave. Fri 5:00 pm – 11:00 pm, 5:00 pm – Close fromscratchslc.com Sat, Sun 10:30 am – 3:00 pm, 5:00 – 11:00 pm Mon – Thurs, 11:30 am – 3:00 pm, 5:00 – 9:00 pm New American Fri 11:30 am – 3:00 pm, 5:00 pm – 10:00 pm V Sat 5:00 pm – 10:00 pm $$ Soups, salads, pizza, sandwiches V DP Cheesesteaks $$ 85 E 300 S dpcheesesteaks.com Garden Café Mon – Sat 11:00 am – 9:00
    [Show full text]
  • Greenheart Work and Travel Program - Employer Information W T-Summer - 2019 Waldorf Astoria- Park City, Park City, UT January 3, 2019
    Greenheart Work and Travel Program - Employer Information W_T-Summer - 2019 Waldorf Astoria- Park City, Park City, UT January 3, 2019 Employer Information Company Name: Waldorf Astoria- Park City Website: www.parkcitywaldorfastoria.com # of Employees: 200 Phone Number: 435-647-5506 Industry Name: Resort/Country Fax Number: 435-647-5547 Club/Casino/Ranch Email Address: [email protected] Primary Address: 2100 Frostwood Drive m Park City, UT 84098 Status: Submitted to Greenheart Contact Name: Vanessa Taylor Contact Title: Training Manager Alternate Contact: Leslie Garringer Alternate Title: HR Alternate Phone: 435-647-5591 Hiring Manager Email: [email protected] om Participant Supervisor Email: [email protected] om FEIN: 27-2108010 Workers Policy #: WLRC64625160 Comp Carrier: Indemnity Ins Co of North America Greenheart Exchange 1 of 24 Last Updated: 3/9/2010 Greenheart Exchange, 746 North LaSalle, Chicago, IL 60654 USA Tel: 312.944.2544 | Fax:312-577-0692 | Website: www.greenheart.org | Email: [email protected] Waldorf Astoria- Park City, Park City, UT January 3, 2019 Available Jobs: Descriptions and Wages Will you accept participants with all start and end dates? Yes: No: a Earliest Start Date: Latest Start Date: Earliest End Date: Latest End Date: #Students: 5/24/2019 6/14/2019 9/15/2019 10/1/2019 59 Hours: Average hours/week: 32 Average number of 5 days/week: Pay Range: High: $14.00/per hour Low: $7.50/per hour Overtime: Overtime available: Sometimes Overtime hourly rate: Time and a half Meals: Are Meals Provided?: Yes Explain: Meals are available to team members at a cost of $3.00 per meal.
    [Show full text]
  • ULTIMATE DAY AWAY IS ALMOST HERE! We’Re Excited to Share Lots of Detail About Our BIG Birthday Party That Happens THIS SATURDAY, October 1 in Salt Lake City!
    ULTIMATE DAY AWAY IS ALMOST HERE! We’re excited to share lots of detail about our BIG birthday party that happens THIS SATURDAY, October 1 in Salt Lake City! We’re celebrating our 5th birthday with a huge bash at the Gallivan Center in Salt Lake City. We’re so excited you’re joining us and we want to make sure you have an amazing experience, so read up to be prepped and ready to party! Checklist Bring the following: • Your ticket • Your best Posh birthday outfit (no birthday suits, please!) • A light jacket for the evening (it will be warmer during the day, but may cool down at night) • Cash for snacks, water, sodas, other treats, and some EXCLUSIVE apparel and other items (for snacks & activities on Gallivan, we’ll only be taking cash for goodies) • Blanket to chill on the lawn and chat with others and to watch the concert (seating will not be provided) • Room on your cell phone for lots of pictures and videos • A Posh T-shirt and a marker or other pen that will write on fabric so you can participate in the great t-shirt signing. See the agenda. Full details will be provided at the event • $5 cash to make your own birthday bath bomb. LIMITED time and quantity. (details announced at the event) • Your best Poshy Birthday spirit! Home Office and Distribution Center Tours For those with the appropriate ticket, you can take a tour of the Posh Home Office and Distribution Center! See how we operate on a day-to-day basis and meet some of our wonderful staff.
    [Show full text]
  • Rider Brochure.Cdr
    Phase I Phase II Phase II May 4-22 May 23-28 May 23-28 Gallivan Plaza City Center Station Green Line: (10-15 min delays) Station Exit TRAX at Central Pointe Station to transfer to the Blue Line. Exit at Courthouse Station to walk** 300 South 100 South or ride a bus shuttle* to City Center Station to Bus Shuttle Stop Bus Shuttle Stop board the Green Line. Walking Path tion a e St. e Blue Line: (10-15 min delays) Main St. emple Temporary Ar Red Line Stat Exit TRAX at Courthouse Station to walk **or ride est T Construc W Station a bus shuttle* to City Center Station to board the tion a 200 South Blue Line. 400 South e Ar Construc Gallivan Plaza Walking Path Red Line: (15-30 min delays) emple Station Bus Shuttle Stop (no service) Exit TRAX at Courthouse Station to walk** or ride est T W Courthouse Station e St. a bus shuttle* to a Temporary Station to board the Bus Shuttle Stop Stat Bus Shuttle Stop Red Line to University Medical Center. Station 300 South 500 South Bus Shuttle Stop * Shuttle runs every 10-15 min From 5:30 a.m. to 11:45 p.m. Walking Path Main St. ** Walking takes 5 to 10 minutes Green Line: (10-15 min delays) Temporary Exit TRAX at Central Pointe Station to transfer to Red Line the Blue or Red Line. Exit Courthouse Station to Station tion Legend a 400 South e walk** or ride a bus shuttle* to Gallivan Plaza Bus Shuttle route..
    [Show full text]
  • Salt Lake City Cultural Engagement Guide
    National NAME Conference 2017 “Our City, Your City” Cultural Engagement Guide On behalf of the NAME Site-Planning Committee, we want to welcome you to Salt Lake City. Our city is your city! Despite current suggestions that Salt Lake City has no “night life,” we have world- class microbreweries, outdoor activities, and plenty of opportunities to listen to live music, dancing, sporting events, and over 1,700 restaurants. In fact, in the past 10 years, the cultural diaspora is changing around the world and in our community. Many of today’s best ethnic restaurant owners are former refugees and immigrants from all over the world. We have prepared a cultural guide and suggestions of places to eat, see, and experience during your visit. We are delighted to share our suggestions. We have included both family-friendly, vegan and vegetarian food options, and late-night options. A couple of things to keep in mind during your visit: • Drinking in Utah: Utah has the reputation of having some quirky liquor laws. However, laws have changed. Bars are now bars. Anyone 21 and over can go into a bar and order a drink (beer, wine, cocktail, etc.). Restaurants are now restaurants, the majority of which offer alcoholic beverages to complement their fare -- beer, wine, cocktails, etc. All packaged liquor, wine and full-strength beer must be purchased from a Utah state liquor store or a package agency. Beer (with 3.2% alcohol content by weight) in bottles or cans may be purchased to go at most grocery and convenience stores in Utah. There are several bars and social clubs just a few blocks away from the hotel.
    [Show full text]
  • WHAT WE ACCOMPLISHED the Redevelopment Agency of Salt Lake City
    WHAT WE ACCOMPLISHED The Redevelopment Agency of Salt Lake City 2013 ANNUAL REPORT RDA Mission Statement The mission of the Redevelopment Agency of Salt Lake City is to improve blighted areas of Salt Lake City, encourage economic development of Salt Lake City, encourage the development of housing for low- and moderate-income households within Salt Lake City, and encourage compliance with and implementation of Salt Lake City’s master plans. The Redevelopment Agency will participate with Salt Lake City, Salt Lake County, the State of Utah and other public entities, as appropriate, to implement its mission. Dear Friends, Since 1969, the Redevelopment Agency of Salt Lake City (RDA) has sought to implement Salt Lake City’s development plans, enhance property values, and build community through high- quality urban design, vibrant public spaces, and incentives for private investment. By investing in infrastructure and focusing resources in the city’s redevelopment areas, the RDA has facilitated millions of dollars of private investment in Salt Lake City. One example of infrastructure investment is the Sugar House Streetcar and Greenway project, dubbed the “S-Line,” which opened in December. A true team effort, this project has worked in concert with City zoning changes and RDA loans to accelerate the eventual development of over 1,000 residential units and nearly 2 million square feet of new construction on seven sites in the Sugar House Business District. The $13 million investment by Salt Lake City and the RDA is projected to bring in an additional $400 million of private investment. This year, the City also welcomed the Utah Transit Authority’s new Airport TRAX Line.
    [Show full text]
  • TRAX GREEN LINE Light Rail Time Schedule & Line Route
    TRAX GREEN LINE light rail time schedule & line map TRAX GREEN LINE To Airport View In Website Mode The TRAX GREEN LINE light rail line (To Airport) has 2 routes. For regular weekdays, their operation hours are: (1) To Airport: 5:02 AM - 10:17 PM (2) To West Valley: 4:52 AM - 11:14 PM Use the Moovit App to ƒnd the closest TRAX GREEN LINE light rail station near you and ƒnd out when is the next TRAX GREEN LINE light rail arriving. Direction: To Airport TRAX GREEN LINE light rail Time Schedule 19 stops To Airport Route Timetable: VIEW LINE SCHEDULE Sunday 5:53 AM - 7:08 PM Monday 4:50 AM - 10:20 PM West Valley Central Station Tuesday 4:50 AM - 10:20 PM Decker Lake Station 3100 South, West Valley City Wednesday 5:02 AM - 10:17 PM Redwood Junction Station Thursday 5:02 AM - 10:17 PM 2698 S Redwood Rd, West Valley City Friday 5:02 AM - 10:17 PM River Trail Station Saturday 5:53 AM - 10:38 PM 1070 West, West Valley City Jordan River Service Center Relief UT 201 East, South Salt Lake TRAX GREEN LINE light rail Info Central Pointe Station Direction: To Airport Stops: 19 Ballpark Station Trip Duration: 47 min 208 W Lucy Ave, Salt Lake City Line Summary: West Valley Central Station, Decker Lake Station, Redwood Junction Station, River Trail 900 South Station Station, Jordan River Service Center Relief, Central 833 S 200 W, Salt Lake City Pointe Station, Ballpark Station, 900 South Station, Courthouse Station, Gallivan Plaza Station, City Courthouse Station Center Station, Temple Square Station, Arena Main Street, Salt Lake City Station, North Temple Bridge/Guadalupe, Jackson/Euclid Station, Fairpark Station, Power Gallivan Plaza Station Station, 1940 W.
    [Show full text]
  • Sustainable Travel Tips for NCA 104Th Annual Convention in Salt Lake City
    Sustainable Travel Tips for NCA 104th Annual Convention in Salt Lake City The Sustainability Ethic Committee of the Environmental Communication Division has compiled the following recommendations to help attendees of the NCA 104th Annual Convention keep their conference travel, food, waste, and lodging choices environmentally sustainable. Sustainable Transit Options Getting to Salt Lake City There are few alternatives to airline travel for those who live a substantial distance from Salt Lake City. However, if desired, carbon offsets can be purchased to provide funding for clean- energy initiatives in proportion to one’s estimated carbon usage. This can be purchased through your airline in many cases (look for options while completing your ticket purchase, searching the airline’s website, or asking a representative). Local Transportation TRAX TRAX is the Utah Transit Authority’s (UTA) convenient light rail system that can save conference attendees the cost of renting a car. The Green Line leaves from the south end of Terminal 1 at the Salt Lake City International Airport and can take individuals directly downtown in less than a half hour. Each trip is $2.50. TRAX is wheelchair accessible. The Gallivan Plaza station is the closest station to the Hilton, Holiday Inn Express, Hotel Monaco, and Marriott at City Center. The Temple Square station is the closest stop to the Salt Palace Convention Center and the Marriott at City Creek. The Arena station is the closest stop to the Radisson. TRAX schedules and maps can be found here and the trip planner can be found here. Various apps that integrate with UTA’s services (including a mobile ticketing app) can be found here.
    [Show full text]
  • 150 Main Street Salt Lake City, Ut Landscape
    Staff Report PLANNING DIVISION DEPARTMENT of COMMUNITY and NEIGHBORHOODS To: Salt Lake City Planning Commission From: David J. Gellner, AICP, Senior Planner – 385-226-3860 - [email protected] Date: July 14, 2021 Re: 150 South Main Street Apartments Design Review Planning Application PLNPCM2021-00024 Design Review PROPERTY ADDRESSES: 136, 144 S Main & 158 S Main Street PARCELS: 15-01-229-055, 15-01-229-068 and 15-01-229-070 MASTER PLAN: Downtown Plan (2016) ZONING DISTRICT: D-1 – Central Business District REQUEST: Dwell Design Studio on behalf of Hines Acquisitions, LLC has requested Design Review approval for the 150 S Main Street Apartments to be located at approximately 144 S. Main Street on the site of the currently vacant Utah Theater, as well as the entirety of one adjacent parcel at 156 S. Main Street and a portion of a 3rd parcel located at 136 S. Main Street. Two of the parcels are owned by the Redevelopment Agency of Salt Lake City while the third property located at 136 S Main is owned by Hines. All parcels are located in the D-1 – Central Business District. The proposed project is for a 31-story, 400-unit apartment building that will be approximately 392-feet tall including rooftop mechanical equipment and elevator overruns. Buildings located mid-block in excess of 100-feet tall in the D-1 zoning district are allowed through the Design Review process with Planning Commission approval. In addition, the Design Review process is also being used to allow the residential lobby entrance to be set back 10-feet from Main Street, in excess of the requirement of a maximum setback of 5-feet.
    [Show full text]
  • Downtown Master Plan and to Identify a Family of Street Furniture That Unifies Should Continue
    THE DOWNTOWNDOWNTOWN’S STORY FROM TOMORROWPLAN A VISION AND POLICY PLAN PROMOTING DOWNTOWN SALT LAKE CITY AS AN INTERNATIONALLY-RECOGNIZED DESTINATION AND A VIBRANT NEIGHBORHOOD DEFINED BY MOUNTAIN BEAUTY AND THE BEST QUALITY OF LIFE IN THE COUNTRY ADOPTED May 24, 2016 WWW.DOWNTOWNPLANSLC.COM A DOWNTOWN FOR ALL AGES OUR VISION FOR downtown A VISION STATEMENT SERVES THE GREATEST NUMBER OF PEOPLE, HAS LONG-TERM OUTCOMES, AND REQUIRES PUBLIC AND PRIVATE COMMITMENT. Downtown Salt Lake will be the premier center for sustainable urban living, commerce, and cultural life in the Intermountain West. Downtown’s sense of purpose will be derived by its current role as the primary destination for culture and entertainment, the center of commerce, the seat of government for the State of Utah, and as an international center for a worldwide faith. Development of downtown as the center for dense urban living –comprised of housing, parks, local serving retail, and community services—will dominate downtown’s identity as a vibrant neighborhood. Downtown will offer intimate spaces, outdoor adventure, and move with a distinctive energy that reflects our culture. It will be diverse and eclectic –a creative mix of neighbors and collaborative partners committed to pioneering downtown’s future. Underscoring the whole vision is the concept that sustainable development that responds to regional ecological conditions and is supportive of local business and entrepreneurship will be accessible to all people throughout the social and economic spectrum of our community. OUR VISION FOR downtown Photo credit: Lance Tyrrell CONTENTS NAVIGATING THE PLAN AND DEFINING ITS COMPONENTS 1 DOWNTOWN’S STORY ................................................1 4 DISTRICTS .................................................................91 Describes key characteristics of downtown and the BIG IDeas of 10 DIstrIcts are identified, reinforced, and promoted in the plan.
    [Show full text]
  • TRAX BLUE LINE Light Rail Time Schedule & Line Route
    TRAX BLUE LINE light rail time schedule & line map TRAX BLUE LINE To Draper View In Website Mode The TRAX BLUE LINE light rail line (To Draper) has 3 routes. For regular weekdays, their operation hours are: (1) To Draper: 4:37 AM - 11:14 PM (2) To Fashion Place West: 6:28 PM - 11:13 PM (3) To Salt Lake Central: 4:58 AM - 10:13 PM Use the Moovit App to ƒnd the closest TRAX BLUE LINE light rail station near you and ƒnd out when is the next TRAX BLUE LINE light rail arriving. Direction: To Draper TRAX BLUE LINE light rail Time Schedule 24 stops To Draper Route Timetable: VIEW LINE SCHEDULE Sunday 5:50 AM - 8:13 PM Monday 4:23 AM - 11:15 PM Salt Lake Central Station 330 South 600 West, Salt Lake City Tuesday 4:23 AM - 11:15 PM Old Greektown Station Wednesday 4:37 AM - 11:14 PM 530 W 200 S, Salt Lake City Thursday 4:37 AM - 11:14 PM Planetarium Station Friday 4:37 AM - 11:14 PM 400 West, Salt Lake City Saturday 5:50 AM - 11:13 PM Arena Station Temple Square Station 102 W South Temple St, Salt Lake City TRAX BLUE LINE light rail Info City Center Station Direction: To Draper 10 W 100 S, Salt Lake City Stops: 24 Trip Duration: 52 min Gallivan Plaza Station Line Summary: Salt Lake Central Station, Old 270 S Main St, Salt Lake City Greektown Station, Planetarium Station, Arena Station, Temple Square Station, City Center Station, Courthouse Station Gallivan Plaza Station, Courthouse Station, 900 South Station, Ballpark Station, Central Pointe 900 South Station Station, Millcreek Station, Meadowbrook Station, 877 S 200 W, Salt Lake City Murray North
    [Show full text]